Inflation Pace Slows to 7.7% Annual Rate. Housing Costs Increased the Most!

Inflation Pace Slows to 7.7% Annual Rate.  Housing Costs Increased the Most!

Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment.  The index for shelter contributed over […]

Consumer Prices Soared 1.3% in June! 15.6% Rate If Annualized!

Consumer Prices Soared 1.3% in June!  15.6% Rate If Annualized!

Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment. The increase was broad-based, with the […]

Nonfarm Payrolls Rose by 431,000 in March & Unemployment Rate Declined to 3.6%

Nonfarm Payrolls Rose by 431,000 in March & Unemployment Rate Declined to 3.6%

Washington, DC…Total nonfarm payroll employment rose by 431,000 in March, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing. This news release presents statistics from two monthly surveys. The household survey measures […]

Fox News Cameraman Pierre Zakrzewski, Ukrainian Producer Oleksandra Kuvshynova, Killed in Ukraine Yesterday.

Fox News Cameraman Pierre Zakrzewski, Ukrainian Producer Oleksandra Kuvshynova, Killed in Ukraine Yesterday.

New York, NY…The following is from Fox News CEO Suzanne Scott…”Dear colleagues, It is with great sadness and a heavy heart that we share the news this morning regarding our beloved cameraman Pierre Zakrzewski. Pierre was killed in Horenka, outside of Kyiv, Ukraine. Pierre was with Benjamin Hall yesterday newsgathering when their vehicle was struck […]

9 in 10 U.S. Voters Support American Energy Production Over Reliance on Foreign Energy

9 in 10 U.S. Voters Support American Energy Production Over Reliance on Foreign Energy

Washington, DC…Last week ahead of the State of the Union Address, API President and CEO Mike Sommers highlighted the importance of American energy leadership as both geopolitical volatility and energy costs rise. API also released new polling by Morning Consult that found 90 percent of American voters support the U.S. developing its own domestic energy resources […]

As Child Tax Credits End Americans Returning to Work. Nonfarm Payroll Soars 467,000 in January.

As Child Tax Credits End Americans Returning to Work.  Nonfarm Payroll Soars 467,000 in January.

Washington, DC…Total nonfarm payroll employment rose by 467,000 in January, and the unemployment rate was little changed at 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment growth continued in leisure and hospitality, in professional and business services, in retail trade, and in transportation and warehousing. This news release presents statistics from two […]

FDA Authorizes First Oral Antiviral for Treatment of COVID-19

FDA Authorizes First Oral Antiviral for Treatment of COVID-19

Silver Spring, MD…Today, the U.S. Food and Drug Administration issued an emergency use authorization (EUA) for Pfizer’s Paxlovid (nirmatrelvir tablets and ritonavir tablets, co-packaged for oral use) for the treatment of mild-to-moderate coronavirus disease (COVID-19) in adults and pediatric patients (12 years of age and older weighing at least 40 kilograms or about 88 pounds) with positive […]

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair

Washington, DC…Today, President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System and to nominate Dr. Lael Brainard to serve as Vice Chair of the Board of Governors of the Federal Reserve System. While our country still faces challenges as […]

Glasgow Climate Pact Keeps 1.5C Alive, Finalizes Paris Climate Agreement.

Glasgow Climate Pact Keeps 1.5C Alive, Finalizes Paris Climate Agreement.

Glasgow, Scotland…COP26 has today concluded in Glasgow with nearly 200 countries agreeing the Glasgow Climate Pact to keep 1.5C alive and finalise the outstanding elements of the Paris Agreement. Climate negotiators ended two weeks of intense talks on Saturday with consensus on urgently accelerating climate action. The Glasgow Climate Pact, combined with increased ambition and […]

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