Economy

Labor Market Still Overheating: U.S. Economy Added 339,000 Jobs in May, Smashing Expectations

Labor Market Still Overheating: U.S. Economy Added 339,000 Jobs in May, Smashing Expectations

admin June 2, 2023

The U.S. economy added 339,000 jobs in May and the unemployment rate rose to...

House Votes to Raise Debt Ceiling, Sending ‘Fiscal Responsibility Act’ to Senate

House Votes to Raise Debt Ceiling, Sending ‘Fiscal Responsibility Act’ to Senate

admin June 1, 2023

The House voted by an overwhelming majority Wednesday to increase the debt limit...

CBO Estimates Debt Ceiling Deal Will Cut Debt By $1.5 Trillion

CBO Estimates Debt Ceiling Deal Will Cut Debt By $1.5 Trillion

admin May 31, 2023

Spending would fall by $1.3 trillion, debt service costs would decline, and IRS...

House Republicans Give McCarthy Standing Ovation in Debt Limit Meeting

House Republicans Give McCarthy Standing Ovation in Debt Limit Meeting

admin May 31, 2023

Speaker Kevin McCarthy received a standing ovation during a House Republican Conference meeting...

Target VP Was Board Member for K-12 Transgender Advocacy Group

Target VP Was Board Member for K-12 Transgender Advocacy Group

admin May 29, 2023

Target's shareholders have lost $9 billion in stock market value because the public...

Congress Releases Bill Text of Debt Deal

Congress Releases Bill Text of Debt Deal

admin May 29, 2023

Congress released a bill package Sunday to increase the nation's debt limit in...

Dingell: I’m ‘Really’ ‘Annoyed’ by Cuts to IRS Staff in Debt Deal, But ‘There Is Nothing I Can Do About It’

Dingell: I’m ‘Really’ ‘Annoyed’ by Cuts to IRS Staff in Debt Deal, But ‘There Is Nothing I Can Do About It’

admin May 28, 2023

On Sunday’s broadcast of MSNBC’s “Velshi,” Rep. Debbie Dingell (D-MI) stated that she...

McCarthy, Biden Reach Debt Ceiling Agreement in Principle

McCarthy, Biden Reach Debt Ceiling Agreement in Principle

admin May 28, 2023

House Speaker Kevin McCarthy (R-CA) and President Joe Biden have come to an...

Yellen Warns Treasury to Run Out of Funds June 5, Urges Debt Deal ‘As Soon As Possible’

Yellen Warns Treasury to Run Out of Funds June 5, Urges Debt Deal ‘As Soon As Possible’

admin May 27, 2023

Treasury Secretary Janet Yellen announced Friday the government could breach its debt limit...

Most House Democrats, Eight Republicans Help Biden Shield China’s Solar Industry from U.S. Tariffs

Most House Democrats, Eight Republicans Help Biden Shield China’s Solar Industry from U.S. Tariffs

admin May 26, 2023

Eight Republicans helped Democrats tank an effort to override Biden's veto of a...