Economy

As Recession Fears Grow, Trump Delays Tariffs On Some Chinese Goods
Economy
As Recession Fears Grow, Trump Delays Tariffs On Some Chinese Goods
2019-08-13 22:53:29
by Dan McCue

WASHINGTON -- After days of growing indications the U.S. may lapse into a recession before the 2020 election, the Trump administration announced Tuesday that it is delaying some of the additional tariffs it planned to impose on Chinese goods on... Read More

Houlahan, Balderson Lead Bipartisan Effort to Bolster Grants To Spark Small Business Innovation
Business
Houlahan, Balderson Lead Bipartisan Effort to Bolster Grants To Spark Small Business Innovation
2019-08-06 21:25:55
by Sean Trambley

Freshman Representative Chrissy Houlahan, D-Penn., was joined by Representative Troy Balderson, R-Ohio, to introduce bipartisan and bicameral legislation to enhance commercialization services for federally funded research and development.  Introduced in the House on July 18, H.R. 3839, the Research Advancing... Read More

US Labels China a ‘Currency Manipulator’ As Stocks Fall And Trade War Worsens
Trade
US Labels China a ‘Currency Manipulator’ As Stocks Fall And Trade War Worsens

WASHINGTON — The U.S.-China trade war took a dangerous turn for the worse Monday as Beijing allowed its currency to weaken and said it was halting new American farm purchases, sending U.S. stocks in a tailspin and heightening risks of... Read More

Fed Cuts Interest Rate Cut For First Time Since 2008
Economy
Fed Cuts Interest Rate Cut For First Time Since 2008

WASHINGTON — The Federal Reserve on Wednesday cut interest rates for the first time since the Great Recession in 2008, a risky move that clashes with its historical practice of taking such a step only when the economy is in... Read More

EPA Clears Path for Proposed Copper And Gold Mine Near Alaska’s Bristol Bay
Environment
EPA Clears Path for Proposed Copper And Gold Mine Near Alaska’s Bristol Bay

SEATTLE — Federal officials said Tuesday they would not block a proposed copper and gold mine near Alaska’s Bristol Bay despite objections by critics who contend it would imperil a fishery and harm wetlands and streams. The U.S. Environmental Protection... Read More

Industrial Emissions Targeted in New Bipartisan, Bicameral Legislation
Climate
Industrial Emissions Targeted in New Bipartisan, Bicameral Legislation
2019-07-30 21:58:09
by Sean Trambley

Last week, a bipartisan, bicameral coalition led by freshman Representative Sean Casten D-Ill., introduced legislation aimed at encouraging innovation that will reduce greenhouse gas emissions from industrial sources. Casten and his counterparts in the Senate, Senators Sheldon Whitehouse, D-R.I., and... Read More

US-China Talks Set to Resume As Neither Seems Eager For a Deal
Trade
US-China Talks Set to Resume As Neither Seems Eager For a Deal

BEIJING — Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war. Two days of talks are scheduled to... Read More

Capital One Hit With Massive Data Breach Affecting More Than 100 Million Customers
In The News
Capital One Hit With Massive Data Breach Affecting More Than 100 Million Customers

Capital One said Monday that the data of 100 million U.S. customers was illegally accessed in a breach that federal prosecutors said was perpetrated by a Seattle woman who allegedly hacked the bank’s server at a cloud-computing company. Six million... Read More

How California Keeps Blocking Trump’s Environmental Rollbacks
State News
How California Keeps Blocking Trump’s Environmental Rollbacks

SAN JOSE, Calif. — California’s sweeping deal with four major automakers last week to boost gas mileage standards and cut tailpipe emissions wasn’t the first time the Golden State has outmaneuvered the Trump administration, which has been planning instead to... Read More

PPI Proposes 'Galvanic' Change in Federal Expenditures and Taxes
Federal Budget
PPI Proposes 'Galvanic' Change in Federal Expenditures and Taxes
2019-07-26 19:27:03
by Dan McCue

WASHINGTON - If anyone doubted there's serious interest in getting a handle on the nation's debt and the federal budget, the standing room-only crowd that jammed a hearing room in the Longworth House Office Building Thursday afternoon would have quickly... Read More

Budget Deal Done, Blue Dogs Push For Serious Effort to Curb National Debt
Federal Budget
Budget Deal Done, Blue Dogs Push For Serious Effort to Curb National Debt
2019-07-26 15:23:46
by Dan McCue

WASHINGTON - The House on Thursday approved a deal to lift the nation's debt ceiling and raise caps set on federal spending for the next two years. But even as the votes were being cast on the measure, members of... Read More

4 Automakers Reach Emissions Deal With California, Bucking Rollback
In The News
4 Automakers Reach Emissions Deal With California, Bucking Rollback

Ford, Volkswagen, BMW and Honda have reached a deal with California to increase gas mileage standards and reduce greenhouse gas emissions, setting a national standard, a longtime auto industry goal. The deal between the four automakers and the California Air... Read More

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