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Oct 19 2021
Headline Roundup
Democrats Will Scale Back Plan for More IRS Bank Account Monitoring
On Tuesday, Senate Democrats will offer a scaled-back version of a Biden administration proposal requiring financial institutions to report more information to the Internal Revenue Service (IRS) on bank accounts with more than $600 in annual deposits or withdrawals.
The new plan will boost that amount to $10,000 and will exempt wage income. Banks already report interest earned in
Washington Post The Hill Washington ExaminerMay 06 2022
Headline Roundup
US Economy Added 428,000 Jobs in April; Unemployment Steady at 3.6%
The U.S. economy added 428,000 jobs last month, beating economists' expectations, according to the Bureau of Labor Statistics.
April's unemployment rate was 3.6%, the same as March. The U.S. economy has now added 400,000 or more jobs in 12 straight months; economists surveyed by news sources on all sides expected roughly 390,000 new jobs in April. The labor force participation rate
CNBC Fox Business USA TODAYSep 19 2023
Headline Roundup
Trump to Skip 2nd GOP Presidential Debate, Hold Rally with Detroit Autoworkers
On Monday, an aide said that former President Donald Trump plans to skip the second Republican presidential debate in Simi Valley, California, on Sept. 27 and travel to Detroit, Michigan, instead to hold a rally with striking autoworkers.
The Details: The Trump campaign is reportedly expecting more than 500 plumbers, electricians, and pipefitters to attend the rally, where Trump is
CNN (Online News) Reuters New York Post (News)Dec 06 2021
Headline Roundup
Economists Expect Inflation to Continue in 2021, Remain High for Several Years
A majority of economists surveyed by the National Association for Business Economics (NABE) predict that inflation will continue to rise in 2021 and will remain high for the next several years.
Seventy-one percent of the 48 economists surveyed predict that Personal Consumption Expenditures (PCE) minus food and energy will not drop below the Federal Reserve's year-over-year target rate
Al Jazeera Associated Press Fox BusinessNov 12 2021
Headline Roundup
Record Number of US Workers Quit Their Jobs in September
Roughly 4.43 million U.S. workers quit their jobs in September, marking an all-time high, according to data from the Department of Labor.
The number of quits in September eclipsed August’s 4.27 million, which was the previous record. The 4.43 million people who quit in September represented roughly 3% of the U.S. workforce, also an all-time record. The nation had 10.4 million open jobs
CNBC Fox Business CNN BusinessOct 07 2022
Headline Roundup
263,000 Jobs Added in September, Unemployment Down to 3.5%
The U.S. Bureau of Labor released their September jobs report on Friday. The report stated that 263,000 jobs were added during the month, and unemployment dropped to 3.5%, tying the lowest level in half a century. The largest growth was seen in the hospitality industry, which added 83,000 jobs last month, and the healthcare industry, which added 60,000 jobs. Additionally, the report detailed
Fox Business Associated Press ReutersMar 21 2023
Headline Roundup
Los Angeles School District Shut Down as Teachers Join Strike
Teachers in the Los Angeles Unified School District joined striking support staff on Tuesday, halting schooling for over 400,000 students in the district in what is currently slated to be a three-day strike.
For Context: The Los Angeles Unified School District is the second-largest district in the country. Local 99 of the Service Employees International Union, composed of aides, special
Los Angeles Times New York Post (News) ReutersSep 15 2022
Headline Roundup
Tentative Agreement Reached to Avoid Massive Rail Strike
Freight rail operators and their unions reached a tentative agreement to avoid a massive strike after 20 straight hours of talks.
Negotiations that began in 2019 reached a tipping point this week, with as many as 60,000 rail workers prepared to strike over complaints about pay, attendance policies and working conditions. Labor Secretary Marty Walsh, who helped lead the negotiations,
CNN (Online News) Axios Fox BusinessJun 23 2020
Perspectives Blog
When Trump Worries Out Loud
Is President Donald Trump getting nervous?
There are four and a half months until the election, which is more than enough time for the presidential campaign to turn upside down any number of times. But whether through Twitter, interviews or speeches, Trump has always tended to broadcast his internal thought process out loud to the largest possible audience. And in a conversation with
Dan SchnurOct 03 2023
Headline Roundup
Who is Laphonza Butler, and Why Did Newsom Tap Her to Replace Feinstein?
California Gov. Gavin Newsom (D) picked Laphonza Butler to fill the vacant Senate seat left by the late Sen. Dianne Feinstein. Who is she, and what does her selection say about California and the Democratic Party?
Butler's Resume: Most recently, Butler was the president of EMILY's List, a political action committee (PAC) that works to elect pro-choice female candidates to office.
National Review (News) The Hill NPR (Online News)