WASHINGTON – U.S. Senator Richard Shelby, the top Republican on the Senate Appropriations Committee, said on Tuesday that a sweeping government funding bill with emergency …
WASHINGTON – The quickest way to get $6.4 billion in humanitarian and security aid to Ukraine is to include in the upcoming omnibus spending bill, …
WASHINGTON – U.S. Senate talks on an omnibus spending bill to fund the U.S. government have hit a snag over defense spending related to Ukraine, …
WASHINGTON – U.S. construction spending surged in January, boosted by strong outlays on single-family homebuilding and private nonresidential structures. The Commerce Department said on Tuesday …
LONDON – British consumer spending edged up in the week to Feb. 17, but other measures were hurt by a series of winter storms which …
By Anna Ringstrom STOCKHOLM – IKEA said on Thursday it would invest £1 billion ($1.4 bln) in London over three years, as it opened the …
Obama Treasury Official Blames Federal Spending For Inflation Crisis Ailan Evans on February 17, 2022 Former Obama administration economic official Steven Rattner pushed back on …
WASHINGTON – The U.S. Senate is expected to hold a procedural vote on a stop-gap funding bill on Thursday, Majority Leader Chuck Schumer said on …
Consumer spending surged in January amid soaring inflation, the Commerce Department announced Wednesday. Retail sales grew 3.8% in January, far exceeding the 2.1% Dow Jones …
-Canada’s Shopify Inc on Wednesday forecast a slowing pace of revenue growth in the first half of the year, and said it was ramping up …
Miami, Florida – Yesterday, a federal district judge in Fort Lauderdale sentenced Isaac Grossman, 47, of Parkland, Florida, to 87 months in federal prison for …
First Lady Jill Biden acknowledged that her key initiative, free community college, would not be included in the Democrats’ spending bill while giving a speech …
By William Schomberg LONDON – British consumers slowed the pace of their spending last month as the Omicron COVID-19 wave hit fuel sales and kept …
ZURICH – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch will tell the German engineering group’s …
WASHINGTON – U.S. construction spending increased less than expected in December as a solid rise in private projects was partially offset by a sharp decline …
Senate Parliamentarian Elizabeth MacDonough rejected another Democratic effort to include immigration reform in President Joe Biden’s spending bill. MacDonough’s ruling, which came late Thursday, is …
The U.S. Chamber of Commerce sent letters to members of Congress on Thursday urging them to cut two sections of President Joe Biden’s spending bill …
Senate Democrats’ hope to pass President Joe Biden’s tax and spending bill before 2022 may be slipping away, leading Majority Leader Chuck Schumer to consider …
Two polls conducted in West Virginia and New Hampshire show that Americans believe President Joe Bident’s spending plans will drive up inflation. A Remington Research …
Democratic West Virginia Sen. Joe Manchin, the likely deciding vote for Democrats’ massive spending package, expressed concerns with the bill’s central climate provision on Wednesday. …
U.S. consumer spending this holiday season is expected to soar despite growing concerns over inflation and supply chain backlogs that may delay shipping, according to …
House Democrats passed President Joe Biden’s nearly $2 trillion spending package Nov. 19 after months of high-stakes negotiations, but it faces an even rockier path …
U.S. consumer spending grew in October as consumers prepared for holiday shopping with inflated prices and continuing supply chain issues. Household spending increased 1.3% in …
The House Friday morning passed its version of President Joe Biden’s spending package, sending the $1.7 trillion bill to the Senate where it is all …
Jersey First visited the offices of New Jersey congressional members today, dressed in a pig costume and delivering pork roll sandwiches. “Today we visited Representative …
The Portland, Oregon, city council passed a budget Wednesday increasing spending on law enforcement after slashing police funds last year. The city council voted unanimously …
Economic advisers to former President Barack Obama recently criticized President Joe Biden’s spending policies and the administrative handling of growing inflation. A former economic adviser …
House Democrats’ plan Friday to pass both the bipartisan infrastructure package and President Joe Biden’s social-safety net bill collapsed after a handful of moderates refused …
Several immigration provisions tucked inside the Democrats’ spending bill are set to greatly expand the number of legal, high-skilled immigrants admitted to the U.S., handing …
The House on Thursday scheduled final passage votes on President Joe Biden’s sweeping social-safety net package and the bipartisan infrastructure bill for Friday morning after …
Baltimore, Maryland – U.S. District Judge Deborah K. Chasanow sentenced Wardell Lester, Jr., age 66 of Baltimore, Maryland today to one year in federal prison, …
Senate Majority Leader Chuck Schumer announced Tuesday that Democrats reached an agreement to lower the price of prescription drugs, a key sticking point in their …
U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and ending unemployment benefits. Consumer spending …
WASHINGTON – Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement on Democrats’ recently proposed minimum tax on American corporations. “Democrats’ …
House Speaker Nancy Pelosi said Wednesday that Democrats were nearing an agreement on their social-spending package and that they are working to compromise on its …
Since announcing his $3.5 trillion Build Back Better agenda, President Joe Biden and senior White House officials declared the spending will cost Americans nothing. During …
TRENTON, NJ – New Jersey Governor Phil Murphy wants to make his state the California of the east, but maybe in just one way, that’s …
Democrats’ $3.5 trillion spending package refers to mothers as both “pregnant” and “lactating” individuals on 11 separate occasions. Though the spending package specifically mentions the …