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Economy

2019-03-15 22:39:51
by Dan McCue
US Industrial Production Rose a Sluggish 0.1 Percent in February

U.S Industrial production rose just 0.1 percent in February, slowed by the second straight monthly decline in manufacturing activity, the... Read More

U.S Industrial production rose just 0.1 percent in February, slowed by the second straight monthly decline in manufacturing activity, the Federal Reserve said Friday. The central bank said manufacturing production dropped 0.4 percent last month, held down by declines in... Read More

2019-03-12 15:17:06
by Dan McCue
Consumer Prices Rose Slightly In February, But Inflation Remains Tame

Consumer prices rose a slight 0.2 percent in February, the first increase in four months, but inflation remains tame, the... Read More

Consumer prices rose a slight 0.2 percent in February, the first increase in four months, but inflation remains tame, the Labor Department said Tuesday. The latest consumer price index, which measures what Americans pay for a wide range of products,... Read More

2019-03-08 20:58:38
by Dan McCue
US Employers Slam Brakes On Hiring, Add Just 20,000 Jobs in February

US employers added just 20,000 jobs in February, a sharp pullback after a quarter of solid gains averaging 186,000 new... Read More

US employers added just 20,000 jobs in February, a sharp pullback after a quarter of solid gains averaging 186,000 new jobs a month, the Labor Department reported Friday. The scarcity of new jobs added to the economy is the smallest... Read More

2019-03-07 22:17:02
by Dan McCue
US Household Net Worth Plunged a Record $3.8 Trillion During Fourth-Quarter Stock Tumult

The net worth of America's households fell by a record $3.8 trillion at the end of 2018, pulled down by... Read More

The net worth of America's households fell by a record $3.8 trillion at the end of 2018, pulled down by sharp declines on Wall Street that briefly pushed the market into bear territory, the Federal Reserve said Thursday. The bracing... Read More

2019-03-02 00:55:55
by Dan McCue
US Consumer Spending in December Threatens Continued Slowing of Economy

U.S. consumer spending tumbled 0.5 percent in December, the Commerce Department reported Friday. The slide, the biggest decline in nine... Read More

U.S. consumer spending tumbled 0.5 percent in December, the Commerce Department reported Friday. The slide, the biggest decline in nine years, is yet more evidence that the 2018 holiday shopping season was a disappointment for retailers and sellers of bigger... Read More

2019-02-16 01:19:34
by Tom Ramstack
Marijuana Businesses Ask Congress To Grant Them Banking Services

The lack of legal banking services for marijuana-related businesses is creating unnecessary economic barriers and encouraging crime, the owner of... Read More

The lack of legal banking services for marijuana-related businesses is creating unnecessary economic barriers and encouraging crime, the owner of a Washington, D.C. marijuana business told Congress this week. A House Financial Services subcommittee called the hearing to determine whether... Read More

2019-02-08 20:57:03
by TWN Staff
Peters, Davis Take Bipartisan Action to Address Rising Student Loan Debt Among America’s Workers

This week, Congressmen Scott Peters (D-CA) and Rodney Davis (R-IL) led a bipartisan group of 99 Members of Congress to... Read More

This week, Congressmen Scott Peters (D-CA) and Rodney Davis (R-IL) led a bipartisan group of 99 Members of Congress to reintroduce H.R. 1043, the Employer Participation in Repayment Act, which would incentivize employers to offer student loan assistance to help... Read More

2019-02-08 20:53:18
by TWN Staff
Wyden, Blunt Move to Support America’s Craft Beverage Industry

This week, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator Roy Blunt, R-Mo., introduced legislation to help ensure... Read More

This week, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator Roy Blunt, R-Mo., introduced legislation to help ensure the continued growth of America’s craft beverage industry. The Craft Beverage Modernization and Tax Reform Act would permanently establish reduced... Read More

The Irreversible Turmoil of the Government Shutdown

The government shutdown was a tremendous burden for America to bear. The number of federal workers that suffered during the... Read More

The government shutdown was a tremendous burden for America to bear. The number of federal workers that suffered during the 35-day long haul was 800,000. Some 450,000 were required to come into work without pay. More than 42,000 United States... Read More

2019-02-01 16:09:51
by TWN Staff
PGPF Analysis Shows Government Shutdown Has Direct Negative Impact on American Confidence

This week the Peter G. Peterson Foundation issued its regular Fiscal Confidence Index for the month of January, and the... Read More

This week the Peter G. Peterson Foundation issued its regular Fiscal Confidence Index for the month of January, and the findings were troubling. The report, modeled after the Consumer Confidence Index and fielded in the final days before the government... Read More

2019-01-19 01:07:04
by TWN Staff
Bipartisan Bill Would Fight Digital Threats from China

This week, bipartisan legislation was introduced in the House of Representatives to toughen the United States’ position against national security ... Read More

This week, bipartisan legislation was introduced in the House of Representatives to toughen the United States’ position against national security threats posed by technology competitors like China. The bill is sponsored by Representatives Will Hurd (R-TX), C.A. Dutch Ruppersberger (... Read More

2019-01-18 20:23:26
by TWN Staff
Kilmer/Schatz Lead Group of 22 Lawmakers in Effort to Protect Federal Workers

This week, a group of 22 lawmakers led by U.S. Senator Brian Schatz (D-Hawai‘i) and U.S. Representative Derek ... Read More

This week, a group of 22 lawmakers led by U.S. Senator Brian Schatz (D-Hawai‘i) and U.S. Representative Derek Kilmer (D-Wash.) introduced the Federal Employee Civil Relief Act. The new legislation protects federal... Read More

2019-01-04 20:42:02
by TWN Staff
Senators Mark Warner and Marco Rubio Introduce Bipartisan Bill

On Friday, bipartisan legislation was introduced by Vice Chairman of the Senate Select Committee on Intelligence Sen. Mark R. Warner (... Read More

On Friday, bipartisan legislation was introduced by Vice Chairman of the Senate Select Committee on Intelligence Sen. Mark R. Warner (D-VA) and Committee member Sen. Marco Rubio (R-FL) to combat tech-specific threats to national security posed by foreign actors like ... Read More

2019-01-04 20:41:42
by TWN Staff
Blue Dogs Work to Restore Fiscal Responsibility to Government

This week, Democrats took back the majority in the U.S. House of Representatives following 2018's historic midterm elections. One ... Read More

This week, Democrats took back the majority in the U.S. House of Representatives following 2018's historic midterm elections. One of the first orders of business? Establish rules for the 116th Congress. H.Res.6, "A Resolution Providing for the House ... Read More

2018-12-21 21:52:26
by TWN Staff
New Mexico State Speaker of the House Brian Egolf Discusses Education and Economic Priorities

Looking ahead to a new legislative term, The Well News had the opportunity to speak with New Mexico Speaker of ... Read More

Looking ahead to a new legislative term, The Well News had the opportunity to speak with New Mexico Speaker of the House Brian Egolf about his priorities and goals. Read More

2018-11-30 20:29:03
by TWN Staff
Exploring the Future of Work

As the nature of work dramatically changes in the 21st century, new leaders are emerging to tackle the challenges of ... Read More

As the nature of work dramatically changes in the 21st century, new leaders are emerging to tackle the challenges of our shifting economic landscape. Workers are facing growing uncertainty in the labor market, and their relationship with their employers must ... Read More

2018-11-27 23:39:56
by Sameh Elamawy
Isn’t It Time We Put Borrowers First?

Silicon Valley likes to talk about disruption. From how you hail a cab to how you shop for groceries, technology ... Read More

Silicon Valley likes to talk about disruption. From how you hail a cab to how you shop for groceries, technology developed in Silicon Valley has changed almost every part of the average American’s life. But we haven’t disrupted... Read More

2018-11-02 11:18:05
by TWN Staff
New Peterson Foundation Poll Finds Voters’ Concern for National Debt Is a “Significant Factor” Heading Into Midterm Election

A new poll released by the Peter G. Peterson Foundation finds the national debt is a driving factor for a... Read More

A new poll released by the Peter G. Peterson Foundation finds the national debt is a driving factor for a majority of Americans. According to the poll, conducted by the bipartisan team of polling firms, Global Strategy Group and North... Read More

2018-10-17 01:11:16
by TWN Staff
The Data Gap in Measuring Alternative Work

In recent decades, globalization and technological change has disrupted work and accelerated changing dynamics between workers and companies, giving rise ... Read More

In recent decades, globalization and technological change has disrupted work and accelerated changing dynamics between workers and companies, giving rise to more alternative work arrangements. Read More

2018-10-17 01:05:08
by TWN Staff
Where Have All the Deficit Hawks Gone?

Despite all the blustering on the campaign trail about the debt and deficit, this week the Treasury Department announced a ... Read More

Despite all the blustering on the campaign trail about the debt and deficit, this week the Treasury Department announced a fiscal year 2018 deficit of $779 billion. This is the largest deficit since 2012, two years after the... Read More

FULL VIDEO: Arizona Senate Debate

Candidates for Arizona’s U.S. Senate seat, U.S. Representatives Kyrsten Sinema (D) and Martha McSally (R), debated at ... Read More

Candidates for Arizona’s U.S. Senate seat, U.S. Representatives Kyrsten Sinema (D) and Martha McSally (R), debated at an event hosted by Arizona PBS and the Arizona Republic in Phoenix. They discussed the Trump administration, tariffs, Supreme Court ... Read More

2018-10-15 01:24:36
by TWN Staff
FULL VIDEO: Virginia 7th Congressional District Debate

Candidates for Virginia’s 7th Congressional District seat, incumbent Representative Dave Brat (R) and challenger Abigail Spanberger (D), took part ... Read More

Candidates for Virginia’s 7th Congressional District seat, incumbent Representative Dave Brat (R) and challenger Abigail Spanberger (D), took part in a debate. They discussed the national debt, education funding, immigration, and health care reform. Read More

2018-10-03 00:16:37
by TWN Staff
Bipartisan Legislation in New Jersey Extends Funding for Manufacturing Workforce Development

A recent move by the New Jersey State Senate would provide extended funding for manufacturing workforce development in a state ... Read More

A recent move by the New Jersey State Senate would provide extended funding for manufacturing workforce development in a state where more than 1 million jobs are supported by the industry. The bipartisan legislation... Read More

2018-09-29 00:29:22
by TWN Staff
Farm Bill Set to Expire as House Leadership Cancels All Legislative Activity Until November

With the House of Representatives headed home until after the November midterm elections, the Farm Bill is set to expire ... Read More

With the House of Representatives headed home until after the November midterm elections, the Farm Bill is set to expire on Sunday, September 30th.  Read More

2018-09-26 00:29:08
by TWN Staff
Senators Launch Bipartisan Effort to Boost Economic Opportunity Through Improved Transportation Access

U.S. Senators Tammy Baldwin (D-WI), Orrin Hatch (R-UT), Ed Markey (D-MA), and Joni Ernst (R-IA) have joined together to ... Read More

U.S. Senators Tammy Baldwin (D-WI), Orrin Hatch (R-UT), Ed Markey (D-MA), and Joni Ernst (R-IA) have joined together to launch a legislative effort to boost economic opportunity for workers and families through improved access to transportation. Read More

2018-09-22 02:11:29
by TWN Staff
Headed into Midterms, Blue Dogs Focus on Rural America

As the midterm elections draw near, the Blue Dog Coalition turned its attention to rural America this week. Read More

As the midterm elections draw near, the Blue Dog Coalition turned its attention to rural America this week. Read More

Himes on the Challenges of a Changing Economy: It’s a Legacy Problem, Not a Political One

Leaders across the country at all levels of government and private sector are working to implement innovative policies that address ... Read More

Leaders across the country at all levels of government and private sector are working to implement innovative policies that address the challenges facing American workers every day. Read More

2018-09-19 08:38:13
by TWN Staff
O’Halleran: Leading the Fight for Rural America

Cruising down the Arizona highway in an RV, Congressman Tom O’Halleran, Chairman of the Blue Dog Rural Task Force, ... Read More

Cruising down the Arizona highway in an RV, Congressman Tom O’Halleran, Chairman of the Blue Dog Rural Task Force, was on a mission over August recess: meeting as many constituents as possible. Read More

2018-09-18 11:03:52
by Robert B. Reich
The three big lessons we didn't learn from the economic crisis

Ten years ago, after making piles of money gambling with other people's money, Wall Street nearly imploded, and the outgoing ... Read More

Ten years ago, after making piles of money gambling with other people's money, Wall Street nearly imploded, and the outgoing George W. Bush and incoming Obama administrations bailed out the bankers. America should have learned three big lessons from the ... Read More

2018-09-12 00:27:13
by TWN Staff
New Democrat Coalition: A Future That Works

As the number of legislative days this Congress dwindles, the New Democrat Coalition, a group of 68 Democrats in the House ... Read More

As the number of legislative days this Congress dwindles, the New Democrat Coalition, a group of 68 Democrats in the House of Representatives who are committed to pro-economic growth, pro-innovation, and fiscally responsible policies, continue to push their “New Economic Opportunity ... Read More

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