The U.S. economy grew by 1.0 percent in the fourth quarter of 2015, the Commerce Department announced today, revising its estimate up from 0.7 percent. The growth is down from 2 percent in the third quarter. Modest growth in consumer spending and strong residential investment were partially...Continue Reading
A plan to modernize the U.S. air traffic control system, encouraging innovation while strengthening safety oversight, is gaining speed, with its approval this week by the House Transportation and Infrastructure Committee.
The committee on Thursday reported out...Continue Reading
After three consecutive months of strong job growth, the pace of hiring slowed in January. Despite the slowdown, the unemployment rate fell to 4.9 percent, average weekly hours ticked up, and wage growth accelerated. The report suggests that the U.S. jobs market has remained relatively steady in...Continue Reading
When a number of U.S. Senators began looking for ways to boost economic growth while making the federal government more efficient, they identified a promising area for bipartisan action: regulation.
Members of Congress have debated scores of regulatory reform bills over the years – many...Continue Reading