Policy News – August 18, 2022

President Joe Biden signed the Inflation Reduction Act into law on Tuesday at the White House. The sweeping $750 billion health care, tax reform, and climate change legislation will give Medicare the power to negotiate prices on some drugs for the first time, fight...

Industry News – August 11, 2022

Consumer’s Expectations for Future Inflation Decreased Last Month  In a win for the Federal Reserve, consumer outlook for inflation decreased in July due to lower gas prices and a steady belief that housing and food prices will drop soon. However, another round of...

Policy News – August 11, 2022

President Biden signed a pair of bills into law that will give the Justice Department more time to investigate and prosecute those accused of committing fraud for Covid relief payments aimed at helping small businesses. The PPP (Paycheck Protection Program) and Bank...

Industry News – August 4, 2022

Federal Reserve Interest Rate Hike May Spark a Recession As expected, the Federal Reserve raised benchmark interest rates by another 75 basis points in its ongoing attempts to stem inflation. While lending is expected to get tougher, analysts are more concerned the...

Policy News – August 4, 2022

Lawmakers are working on getting the Inflation Reduction Act passed before the looming Congressional recess. The bill, which is a revival of President Biden’s Build Back Better bill, aims to invest more than $400 billion over the decade by reforming the tax code,...