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Inflation Rate In US Hits Highest Level Since 1982

The US Inflation rate hit its fastest pace in nearly four decades last year as pandemic-related supply and demand imbalances, along with...

US Job Growth Drops Sharply In November Amid Coronavirus Omicron Variant Fears, Decline In Stimulus Spending

The US economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the...

Amid Rising Energy Costs, Biden Administration Taps Strategic Petroleum Reserve

President Joe Biden said on November 23 that the administration will tap the Strategic Petroleum Reserve as part of a global effort by energy-consuming...

At COP 26 Conference, US and China Issue Joint Pledge To Slow Climate Change

The US and China jolted the United Nations climate summit here with a surprise announcement on November 10, pledging the two countries...

US Economy Rebounds For The Month Of October, With ~500,000 Jobs Added & Unemployment Rate Dropping To 4.6%

The US Economy and job market snapped back in October, with nonfarm payrolls rising more than expected while the unemployment rate fell to...

Bipartisan Infrastructure Bill Passes House of Representatives, To Be Signed Into Law By President Biden

The House of Representatives passed a more than $1 trillion Bipartisan Infrastructure Bill late on November 5, sending it to President Joe Biden’s desk in...

In A Rare Bipartisan Vote, US Senate Passes $1.2 Trillion Infrastructure Bill

The Senate gave overwhelming bipartisan approval on August 11 to a $1 trillion infrastructure bill to rebuild the nation’s deteriorating roads and bridges and...

US Economy Adds 900,000 Jobs, Unemployment Falls To 5.4% During The Month of July

Job growth in the US rose in July at its fastest pace in nearly a year despite fears over the Coronavirus Delta variant and...

US Economy Adds 379,000 Jobs In February, Unemployment Drops To 6.2%

The US Economy added 379,000 jobs in February, roundly beating economists’ estimates of 210,000, and indicating that one year into the Coronavirus...

September Jobs Report Reveals Slowing Economy Ahead of Presidential Election

Nonfarm payrolls rose by a lower than expected 661,000 in September, and the unemployment rate was 7.9%, the Labor Department said on...

US Median Income Hit Record Level In 2019, Census Data Shows

US Median Household Income hit a record high in 2019, and the poverty rate fell, according to a government survey released on...

US Economy 1.4 Million Jobs In August, Unemployment Rate Drops To Single Digits

The US Economy added around 1.4 million jobs last month, reflecting a slow return to labor market growth, according to data released...

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OurWeek In Politics (December 7, 2022-December 14, 2022)

Here are the main events that occurred in Politics this week 1.Iran Executes First Protestor Linked To Ongoing...

UN Removes Iran From Women’s Rights Commission Due To Human Rights Violations

The United Nations voted to oust Iran from the Commission on the Status of Women because it “continuously undermines and increasingly suppresses...

US Approves Patriot Missle Transfer To Ukraine

The US is poised to approve sending its most advanced ground-based air defense system to Ukraine, responding to the country’s urgent request to help...

Senator Krysten Sinema Switches Parties From Democrat To Independent, Dealing A Major Blow To Demcoratic Senate Control

Arizona Senator Kyrsten Sinema is changing her party affiliation to independent, delivering a jolt to Democrats’ narrow majority and Washington along with it....