by Ishmael Bonsu | Mar 16, 2023 | Business, Featured
WASHINGTON – Treasury Secretary Janet Yellen on Thursday offered reassurances to lawmakers and the American public, pledging that the “banking system remains sound” as concerns over the stability of the U.S. financial system continue to mount. The recent decision to...
by Ishmael Bonsu | Mar 8, 2023 | Business, Featured, Topics
WASHINGTON – Sen. Bernie Sanders (I-Vt.) kept up the pressure on attacking corporate interference to unionization on Wednesday, a day after he secured the voluntary cooperation of Starbucks CEO Howard Schultz to testify before a Senate committee. Sanders, chair of...
by Shannon Tyler | Mar 1, 2023 | Business, Featured
WASHINGTON — The Republican-led House garnered bipartisan support for a measure aimed at putting checks on presidential power by passing the REINS Act in a 272-148 vote on Wednesday. The measure, which stands for Regulations from the Executive in Need of Scrutiny,...
by Jacob Wendler | Feb 22, 2023 | Business, Featured
WASHINGTON –– The U.S. Supreme Court stopped short of blaming Twitter for the use of its platform for terrorist activity on Wednesday, in the second of two cases against social media companies the court heard this week. The latest case, Twitter v. Taamneh, stems from...
by Davis Giangiulio | Feb 21, 2023 | Business, Featured
WASHINGTON — Amid increased scrutiny of the actions of big tech, the U.S. Supreme Court heard oral arguments in the first of two cases on Tuesday that could alter how the law protects internet companies. The case, Gonzalez v. Google LLC, involves the family of an...
by Davis Giangiulio | Feb 7, 2023 | Business, Featured
WASHINGTON — Boosted by a strong jobs report last week and declining inflation, President Joe Biden in his second State of the Union Address touted his economic plan which he says is working. Despite suffering a difficult first two years in office with the highest...
by Davis Giangiulio | Jan 26, 2023 | Business, Featured
WASHINGTON — The debate over raising the U.S. debt limit is poised to be one of the hottest fights to hit Washington this year, and will feature a cast of characters both widely and lesser known to investors and everyday Americans. President Joe Biden and House...
by Davis Giangiulio | Jan 19, 2023 | Business, Featured
WASHINGTON — Sen. Bernie Sanders (I-VT) took his national message local on Thursday as he addressed Mayors at a panel on innovation and workforce development at the United States Conference of Mayors. Sanders, a former mayor himself of Burlington, Vermont, spoke...
by Stephanie Markowitz | Jan 12, 2023 | Business, Featured
WASHINGTON – Airports and airlines are attempting to recoup their losses and quell public exasperation a day after the Federal Aviation Administration (FAA) had to issue a 90-minute nationwide ground stop to air travel, scrambling schedules and grounding thousands of...
by Zachary Miller | Mar 10, 2022 | Business, Featured, Topics
WASHINGTON, March 10 (UPI) — U.S. senators, at a hearing of the Senate Committee on Energy and Natural Resources, expressed bipartisan interest Thursday in ramping up domestic oil and gas production to combat soaring energy prices. The push is a boon to large...
by Zachary Miller | Mar 9, 2022 | Business, Featured
WASHINGTON — President Biden is expected to sign an executive order Wednesday outlining a nationwide governing approach for cryptocurrency. The measure suggests potential for clarity in a murky financial market that was designed to be difficult to regulate, but which...
by Zachary Miller | Mar 8, 2022 | Business, Featured
WASHINGTON — Last Thursday, President Biden signed into law a bipartisan bill to bar companies from contractually forcing sexual assault and harrassment complaints into arbitration. Now, the change has reinvigorated efforts to pass similar legislation in the financial...
