United Auto Workers Strike Big Three Manufacturers

The administration sends officials to facilitate progress toward an agreement. The United Auto Workers, the largest union in the nation, began a strike at midnight Friday against America’s…

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Federal Reserve Governor Says Interest Rates Likely to Rise

The inflation rate has still not reached the 2 percent goal. Federal Reserve Governor Michelle Bowman recently said that additional interest hikes “will likely be needed” to further…

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Federal Reserve Raises Interest Rates Again 

Rates are now at a 22-year high.  In its meeting Wednesday, the Federal Reserve increased interest rates by another quarter percent, still claiming the rate increases are necessary…

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House Considers Highest Defense Budget Ever

Funding proposed to strengthen America’s military and take care of service members.  The House Armed Services Committee has sent to the floor for a vote the highest-ever Defense…

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President to Speak on “Bidenomics” in Chicago

The administration says the president’s focus will be on growing the middle class. President Joe Biden is scheduled to travel to Chicago on Wednesday, where he will attend…

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Fed Chair to Raise Interest Rates at “Careful Pace”

Chairman Powell testified before Senate Banking Committee on the rate of inflation. Chair of the Federal Reserve Jerome Powell recently testified before the Senate Banking Committee, where he…

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Federal Reserve Raises Interest Rates Again

Currently at 5 percent. Federal Reserve officials raised interest rates a quarter of a percent Wednesday. Rates are now at their highest since 2007. This increase is yet another…

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Labor Department Reports Inflation Fell in March 

Still higher, at 5 percent, than the Federal Reserve target. The Bureau of Labor Statistics reported last week that inflation decreased one percentage point in March, ending at…

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Home Sales Up as Prices Down 

Sales increased in all four national regions.  For the first time in a year, existing home sales across the U.S. increased in February as prices fell at the…

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Federal Reserve Raises Interest Rates Again

The result will be tighter credit options for households.  At its meeting on Wednesday, the Federal Reserve raised interest rates to a target range of 4.75% to 5%,…

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