Economy
CA Unemployment drops, remains above national average
The state of California unemployment rate continues to decline to 7.3% but remains above the national average of 6.1%. This is the states lowest numbers since 2008.
Biomedical and...
CBO: Debt to Reach 106% by 2039
The Congressional Budget Office released The 2014 Long-Term Budget Outlook report. The office is generally considered nonpartisan.
If current laws remained generally unchanged in the future, federal debt held...
Yellen: The economic outlook is very uncertain
Federal Reserve Chair Janet Yellen testified to Senators this morning that recent data indicate the economy has rebounded from a sharp slowdown in the first three months of the...
Ernst & Young Settle Lobbying Dispute
Ernst & Young will pay more than $4 million to settle civil charges of compromising its independence by lobbying Congress on behalf of two companies whose books it audited....
Workforce Innovation and Opportunity Act
The House passed the Workforce Innovation and Opportunity Act on Wednesday by a vote of 415-6 by the House of Representatives. It was approved by the Senate last month...
June Jobs Report: Now 6.1% Unemployment Rate
Bureau of Labor Statistics released the June jobs report on July 3rd.
In June, the unemployment rate declined by 0.2 percentage point to 6.1 percent. The number of unemployed persons...