Many seek pay raises to keep up with inflation. In the past few weeks, thousands of teachers in Ohio and Washington, nursing home workers in Pennsylvania, and health…
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Gulf of Mexico Oil and Gas Lease Sales Reinstated
Action in compliance with the Inflation Reduction Act. The Department of the Interior reinstated an offshore oil and gas lease sale that was invalidated by a federal judge…
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President Celebrates Inflation Reduction Act
Hosts event on the White House lawn to express economic optimism. President Joe Biden gave a speech on the White House Lawn on Tuesday, celebrating the signing of…
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More House Members Oppose Senate Energy Side Deal
Letter sent to House speaker to remove the provision from funding bill. On Monday, 77 members of the House signed a letter written by House Majority Leader Steny…
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August CPI Report Shows Inflation at 8.3%
Federal Reserve poised to again raise interest rates. The Consumer Price Index for August shows inflation is up 8.3 percent from a year ago. Economists were expecting a lower…
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Treasury Secretary Says Gas Prices Could Spike Again
Oil prices are on the increase. Oil prices rose Monday as supply concerns are mounting heading into the winter months. Although gasoline at the pump has gone down in…
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Administration May Release More from Strategic Petroleum Reserve
The intent is to mitigate winter heating oil prices. President Biden’s administration is considering the release of more crude oil from the nation’s Strategic Petroleum Reserve after the…
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President Names New Climate Advisors
John Podesta and Ali Zaidi join the White House team. President Joe Biden has appointed two new leaders to his climate change team. John Podesta joins the White…
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Job Openings Increased in July
The hiring pace slowed for the fourth month in a row. The U.S. Department of Labor announced Tuesday that job openings rose in July as employers become less…
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World Economists Expect Economic Volatility to Persist
Members of the Federal Reserve participate in an annual economic symposium. Economic leaders from around the world, including members of the U.S. Federal Reserve, participated in an annual…
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