Real gross domestic product (GDP) had a second consecutive negative quarter and government data showed it down -0.9 percent. This was actually an improvement over the first quarter, which was down at -1.6 percent. But since it marks the second consecutive quarter of negative GDP, it meets the commonly held definition of a recession in … Read more
The Hill Reports, Semiconductor bill marks a White House win, but impacts remain to be seen: The White House is on the cusp of a sizable victory as Congress moves to pass legislation to boost the domestic semiconductor industry, but the impact of that law on domestic supply chains is unlikely to be felt anytime … Read more
We’ve been here before like what, at least four times now? This Charlie Brown and Lucy with the football act is getting old. Joe Manchin says we’ve got a deal, and then he reneges on it before it can even come up for a vote. So color me skeptical. The man is an inveterate liar … Read more
On a day that saw the United States Senate pass legislation that will revitalize the semiconductor and other technological industries, Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin have announced they have reached a deal to include significant sustainability/combat climate change provisions into a scaled-down Build Back Better bill, called the Inflation … Read more
With seven million dollars from American Rescue Plan COVID relief funding, Phoenix Mayor Kate Gallego, the Phoenix City Council, and Maricopa County Community Colleges have launched the Route to Relief Program, an education initiative that will both help post-secondary students impacted by the Coronavirus and provide highly skilled workers to the industries that are propelling … Read more