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American Economics

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...

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...

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...

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...

July Jobs Numbers Reveal Mixed Outlook For US Economy

The US Economy added another 1.8 million jobs in July, a sharp slowdown from June and a small step for an economy...

US Economy Declines Nearly 33% In The Second Quarter Of 2020

The US Economy contracted at a 32.9% annual rate from April through June, its worst drop on record, the Bureau of Economic Analysis said on...

President Donald Trump Rolls Back Landmark Environmental Law To Speed Up Approval Of Federal Projects

President Donald Trump announced regulatory changes to the National Environmental Policy Act on July 15, a change that will speed up approval of federal...

House of Representatives Passes Landmark $1.5 Trillion Infrastructure Reform Bill

The House of Representatives on July 1 passed a $1.5 trillion infrastructure bill that would sharply increase Infrastructure spending on roads and...

US Economy Adds Record 4.8 Million Jobs In June

The US economy added a record 4.8 million jobs in June, according to federal data released on July 2, but a surge...

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OurWeek In Politics (November 9, 2022-November 16, 2022)

Here are the main events that occurred in Politics this week: 1. Defying The Odds, The Democrats Keep Control...

Iran Protests Heat Up, With General Strikes Planned Amid Continued Government Crackdown

Protests swelled in cities across Iran on November 15 following a day of general strikes marking the anniversary of one of the...

Former President Donald Trump Announces 2024 Presidential Bid

Former President Donald Trump, aiming to become only the second commander-in-chief ever elected to two nonconsecutive terms, announced on November 15 night that...

Republicans Gain Control Of House Of Representatives

The Republican Party has won back control of the House of Representatives, giving the creating a toehold to check President Joe Biden...