Economy

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

Reps. Davis, Craig Introduce Bipartisan Disaster Loan Program Bill
In The News
Reps. Davis, Craig Introduce Bipartisan Disaster Loan Program Bill
2019-07-25 21:46:52
by Dan McCue

WASHINGTON - Representatives Rodney Davis, R-Ill., and Angie Craig, D-Minn., proposed Wednesday to create a low-interest loan program administered by FEMA for states to fund projects that reduce the risks and costs of natural disasters. “Helping communities prepare for disasters... Read More

As Climate Change Threatens California, Officials Seek ‘Sustainable Insurance’
State News
As Climate Change Threatens California, Officials Seek ‘Sustainable Insurance’

LOS ANGELES — California regulators are teaming up with the United Nations to develop “sustainable insurance” guidelines that would help address climate-change-related disasters such as coastal flooding and larger wildfires — the first such partnership of its kind between the... Read More

2020 Census Affects More Than Representation, Billions at Stake
Census
2020 Census Affects More Than Representation, Billions at Stake

WASHINGTON — Less than 300 miles from the Arctic Circle, Toksook Bay, Alaska, has about 600 people, a dozen or so streets and averages a high of 12 degrees in January, the month the 2020 census will begin there. The... Read More

Delgado Bill Aimed at Aiding Small Businesses Passes House
In The News
Delgado Bill Aimed at Aiding Small Businesses Passes House
2019-07-24 12:52:08
by Sean Trambley

Legislation intended to make it easier for small businesses to comply with federal regulations passed the House with bipartisan support last week. Introduced by freshman Representative Antonio Delgado, D-N.Y., the bill requires the Small Business Administration to create a centralized... Read More

Trump Enlists Pentagon on Rare-Earth Magnets Amid Chinese Threat
In The News
Trump Enlists Pentagon on Rare-Earth Magnets Amid Chinese Threat

WASHINGTON — President Donald Trump on Monday ordered the Defense Department to spur the production of a slew of rare-earth magnets used in consumer electronics, military hardware and medical research, amid concerns China will restrict exports of the products. Trump... Read More

House Votes to Raise Federal Minimum Wage
In The News
House Votes to Raise Federal Minimum Wage

WASHINGTON — The House voted 233-199 Thursday to raise the federal minimum wage to $15 per hour incrementally over six years, but the Democratic-led effort was almost derailed by divisions between progressives and moderates. Progressives on Wednesday had issued a... Read More

Newsroom Employment Continues to Decline, Led by Newspapers, Study Finds
Media
Newsroom Employment Continues to Decline, Led by Newspapers, Study Finds
2019-07-17 20:22:55
by Dan McCue

WASHINGTON - Newsroom employment continues to decline across the United States, driven primarily by job losses at newspapers, a new study says. For a report released Wednesday, the Pew Research Center analyzed 10 years of occupational employment data compiled by... Read More

Foreign Purchases of U.S. Homes Drop Sharply As Chinese Bolt From Market
Economy
Foreign Purchases of U.S. Homes Drop Sharply As Chinese Bolt From Market
2019-07-17 17:54:33
by Dan McCue

WASHINGTON - International investment in residential real estate in the United States plunged 36% in the past year as Chinese buyers fled the market, the National Association of Realtors said Wednesday. The sobering analysis comes via the Realtors' annual survey... Read More

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