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There is a concerted effort to accelerate the transition to clean energy here in the U.S. The Biden Administration’s Inflation Reduction Act and CHIPS Act both featured climate-related features and incentives. Cities like Chicago, Dallas, and Denver offer game-changing potential for wind and solar energy. But completing the transition away from fossil fuels is far…
On April 12, the Bureau of Labor Statistics said inflation rose at its slowest rate in two years. Excluding volatile food and energy prices, core inflation rose 5.6% on an annual basis, as expected. Grocery prices declined by 0.3% with eggs, which have skyrocketed of late, falling nearly 11% for the month. Energy prices declined…
The biggest showdown expected in Washington this summer had a battle stop in New York. On Monday, Republican House Speaker Kevin McCarthy made his political pitch on the debt ceiling to the New York Stock Exchange during trading hours. “Without exaggeration, American debt is a ticking time bomb that will detonate unless we take serious,…
51% of the country believes President Biden’s policies have not benefited the middle class at all. That’s according to a new national poll from Monmouth University that also found 10% of Americans believe middle class families have benefited from the president’s policies a lot. “Biden’s appeal when he ran for president was that he understands…
Inflation rose at its slowest rate in nearly two years, the Bureau of Labor Statistics said Wednesday, April 12. The overall consumer price index rose 5% in March on an annual basis, the lowest it has been since May 2021. Meanwhile, month to month inflation cooled to a 0.1% increase for March, down from 0.4%…
As the dust starts to settle following the collapse of Silicon Valley Bank and Signature Bank in March, economists are warning of cracks in the system that started spreading even before the failures. Under conditions of banking turmoil, some are worried credit tightening will become a credit crunch crisis. No. 1: What is a credit…
A historic drought in the West is drying up water resources in the seven western U.S. states dependent on the Colorado River Basin. Now the Biden administration is spending hundreds of millions of dollars to try and conserve water from the Colorado River as its reservoirs continue to be depleted. A Native American tribe in…
The battle to give parents more say over their children’s education has become a headlining issue in today’s political arena. In Florida, Gov. Ron DeSantis, R, signed into law the controversial “Parental Rights in Education” legislation, which critics call the “Don’t Say Gay” bill, on March 28. Advocates for school choice, which allows parents to…
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