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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 (January 3, 2024-January 10, 2024)

Happy 2024! Here are the main events that occurred in Politics this week: 1. President Biden Condemns Trump as...

President Biden Condemns Trump as Dire Threat to Democracy in a Blistering Speech

President Joe Biden on January 5 delivered a ferocious condemnation of former President Donald Trump, his likely 2024 opponent, warning in searing...

Biden Administration Sues Texas Over State’s Controversial Immigration Law

The Biden administration on January 3 filed a lawsuit against Texas over its controversial immigration law that gives local law enforcement in...

Former President Donald Trump Appeals Colorado ‘Insurrection Clause’ Ruling to Supreme Court

Former President Donald Trump asked the Supreme Court on January 3 to allow him to stay on the presidential primary ballot in...