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 ReadingA 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 ReadingAfter 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 ReadingWhen 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 ReadingThe U.S. economy grew by 0.7 percent in the fourth quarter of 2015, below expectations and down from 2 percent in the third quarter, according to the "advance estimate" released today by the Bureau of Economic...
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