Category archives for: US Business News

Jobless Rate Up Slightly to 9.6 Percent

Washington, D.C. (Sept 02) – With a tone of optimism, the Labor Department reported fewer jobs lost in August with hiring in private sectors increasing. Labor Department Officials state the small increase in the percentage of the unemployment numbers is due to more people searching for jobs in August than in previous months. The Bureau [...]

Face of the Nation Changing | United States Ownership

The National Association of Realtors (NAR) has documented what some might consider an alarming trend. The NAR Profile of International Home Buying Activity for 2010 indicates that foreign investors are swooping in and making a real property killing in the United States.

The Truth About H.R. 2454 American Clean Energy and Security Act of 2009

NY, NY (Aug 9) – The Republican Pundits, Spin Doctors, and Fairy Tale tellers are at it again spreading more rumors and outright lies regarding pending legislation in the Senate. H.R. 2454 also referred to as the Cap and Trade bill which, Cap and Trade has been introduced in just about every piece of legislation in the last year. H.R. 2454 will not cost homeowners their savings or prevent them from selling their homes for a profit.

Past Foreclosure Crisis Provides Current Housing Market Solutions

Cleveland, OH (Aug 6) – Two researchers of the Federal Reserve Bank of Cleveland believe it possible to end the current rising of foreclosures by applying laws from the 1980s.

July Jobs Report Released Unemployment Rate Unchanged at 9.5%

Washington, D.C. (Aug 6) – The nations unemployed are still seeing very little light at the end of the tunnel as private-sector hiring slows adding 71,000 jobs with the unemployment rating remaining steady at 9.5 percent. Meanwhile, over 143,000 Census workers completing their temporary assignments are finding themselves on the unemployment lines in July. Overall, the [...]

President Obama: Senate Republicans Stop Holding Small Businesses Hostage

Washington, D.C. (July 31) – President Obama called on Senate Republicans to stop holding Small Businesses hostage in his weekly address. On a positive note, President Obama announced pronounced success within the nation’s auto industry.

California Budget and Legislative Update on Unemployment and Education

On Wednesday, July 21, 2010 a special CVEP Legislative Luncheon was held at the Bellatrix Classic Club. It was attended by State Senator Bill Emmerson and County Supervisor John Benoit, as well as Cathedral City Mayor and CVEP Chairwoman Kathy DeRosa and other local officials. Guest speakers Assemblyman Brian Nestande (R) and Assemblyman Manuel Perez (D) discussed the topic of “The California Budget: Process, Challenges and Local Impact”.

Financial Reform Bill Signed into Law: An End of a GOP Era

Washington, D.C. (July 21) – President Obama signed H.R. 4173 Restoring American Financial Stability Act into law this morning ending a decade of Republican recklessness regarding the nation’s economic stability. The legislation creates a Consumer Financial Protection Bureau with the authority over a large portion of the nation’s financial industry. The Bureau will have broad powers [...]

Senate Cloture Vote on H.R. 4213 Unemployment Extensions Passes

The Senate ruled in favor of the long awaited legislation affecting millions of long term unemployed and their emergency extensions.

President Obama: GOP Choosing to “Filibuster Our Recovery and Obstruct Our Progress”

In President Obama’s weekly address, the President blamed the Republican Minority Leadership for ruining the nations chances for recovery. The minority leadership is opposing initiatives, which would create jobs, cutting taxes, and unemployment extensions intentionally blocking the road to the nation’s recovery.

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