Diverse Erie, formerly known as the Erie County Diversity, Equity and Inclusion Commission, on Friday distributed $300,000 in federal grant money.
The organization restricted the money to individuals that are part of the “BIPOC community,” which includes black, indigenous and all people of color, indicating only whites were precluded from applying for the funds.
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The United States Department of Agriculture is awarding $30.8 million to the nation’s 19 historically Black land-grant universities, including the University of Maryland Eastern Shore and Virginia State University, for agricultural and nutritional research and growing extension programs.
“1890 Land-grant Universities are a vital part of our nation’s fabric,” said Manjit Misra, director of the National Institute of Food and Agriculture, in a statement. “This investment will strengthen the ability of 1890 Land-grant Universities to deliver innovative solutions that address emerging agricultural challenges impacting diverse communities.”
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As inflation continues to rise this year, small businesses are feeling the pain.
The National Federation of Independent Businesses released a survey of small business owners Tuesday that found the nation’s job creators cite inflation as their top concern more than any other issue.
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Americans’ real weekly earnings dropped sharply in April and still remain well below their level when President Joe Biden first took office, according to data from the Bureau of Labor Statistics (BLS).
Real average weekly earnings fell to $1,191.93 in April, declining by 0.4% in the month and 4.8% compared to the start of Biden’s term in January 2021, according to data calculated by the Daily Caller News Foundation from the BLS. Prices have risen over 19% since Biden first took office and 3.4% in the last year, degrading the value of Americans’ wages.
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While the Biden administration claims that the U.S. inflation rate is only 3.4 percent, Senator Marsha Blackburn (R-TN) released a guide disputing that figure, with evidence showing that Americans are suffering far more than the administration is letting on.
“Inflation is a top concern for Tennesseans and Americans,” says a guide called “The True Cost of Bidenflation. “Under the Biden administration, inflation has hit its highest rate in 41 years, and prices across the board are up nearly 20%. Meanwhile, the administration touts that inflation is ‘only’ at 3.4%.
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Independent pharmacies took center stage earlier this month in support of a bipartisan bill that would rein in the “shadowy middlemen” who control contracts between their businesses and drug companies.
State Reps. Jessica Benham, D-Carrick, and Abby Major, R-Ford City, held a press conference with Dave Cippel, president and head pharmacist of Klingensmith Drugstores, at their Ford City location on May 10 to promote the legislation.
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State money continues to flow into East Palestine, Ohio, to support businesses struggling from a train derailment and toxic chemical release more than 15 months ago.
Gov. Mike DeWine announced three more businesses will receive loans through the East Palestine Emergency Support Program, bringing the total to 23 sharing more than $3.8 million.
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LinkedIn is the worst social media site in existence.
Engaging with literal pornbots on Twitter is less soul-sucking than reading the tone-deaf striver banalities and motivational tripe that festoon the place: “Here are five things I learned about peer-to-peer marketing after proposing to my girlfriend,” etc.
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Inflation is still impacting families in the Phoenix Metropolitan Area, according to a new Common Sense Institute report.
The free-market think tank’s May inflation update analyzed different price increases from 2020, which determined that prices across the board are still significantly higher.
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The number of mortgaged homes that are equity rich have declined for three consecutive quarters, and the portion of mortgaged homes considered “seriously underwater” increased, according to a new report by ATTOM, a leading curator of land, property and real estate data.
ATTOM’s first-quarter 2024 U.S. Home Equity & Underwater Report found that 45.8% of mortgaged residential properties in the United States “were considered equity-rich in the first quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.”
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The King County Council has approved an ordinance that will increase the minimum wage in unincorporated parts of King County.
The legislation increases minimum wage to a high of $20.29, which ties the cities of Tukwila and Renton for the highest minimum wage in the nation.
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Walmart has announced layoffs impacting several hundred jobs at its campus offices and is requiring remote employees to come to the office.
The retail giant said in a staff memo Tuesday most of the remote workers and personnel in its Dallas, Atlanta and Toronto offices will relocate to its primary offices in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area.
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Over 9,770 people experienced homelessness in the Washington, D.C. metropolitan area one day in January 2024, according to a recent report from The Metropolitan Washington Council of Governments, resembling pre-pandemic numbers for the first time, reaching an all-time high in supportive housing.
The Council has been collecting a snapshot of homelessness in the metropolitan region every year since January 2001, and for a long time, the number of homeless hovered around 11,500. In 2017 (not counting Frederick County, Md., as the current report does not), the number of homeless dropped by over 1,000. It continued to decline into 2022 when it reached a historic low of less than 7,400.
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Wisconsin housing developers are set to receive $32.6 million in housing tax credits for 2024, part of $525 million in workforce housing in this year’s biennial budget, Gov. Tony Evers’ office said.
The Wisconsin Housing and Economic Development Authority received $56 million in grant requests from developers with 23 developments in 14 counties that will create 1,383 affordable housing units being awarded the grants.
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Penske Truck Rental employees in Nashville successfully voted to remove the International Association of Machinists (IAM) union from power, the National Right to Work Legal Defense Foundation announced Thursday.
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President Joe Biden held a press conference Tuesday extolling the tariffs on Chinese products — including steel, aluminum, electric vehicles, solar panels and semiconductors — he is rolling out. The president argued that China aggressively subsidizes the products America imports, which makes it difficult for U.S. businesses to compete.
“Back in 2000, when cheap steel from China began to flood the market, U.S. steel towns across Pennsylvania and Ohio were hit hard,” Biden said.
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Inflation ticked down slightly year-over-year in April but still remained high as rising prices continue to take a toll on average Americans’ finances, according to the latest Bureau of Labor Statistics (BLS) release on Tuesday.
The consumer price index (CPI), a broad measure of the prices of everyday goods, increased 3.4% on an annual basis in April and 0.3% month-over-month, compared to 3.5% in March, according to the BLS. Core CPI, which excludes the volatile categories of energy and food, remained higher, rising 3.6% year-over-year in April, compared to 3.8% in February.
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A measure of wholesale inflation that tracks prices before they reach consumers surged to its fastest annual rate since April 2023, according to new data released Tuesday by the Bureau of Labor Statistics (BLS).
The producer price index (PPI) rose 0.5 percent in April, totaling a 2.2 percent annual rate, far higher than estimates that the index would rise 0.3 percent in the month, according to the BLS. The report adds to fears that inflation is once again surging following the consumer price index jumping to 3.5 percent in March, up from 3.2 percent in February and far from the Federal Reserve’s 2 percent target.
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Tennessee U.S. Representative Andy Ogles (R-TN-05) introduced the companion legislation in the House of Representatives this week for Ohio U.S. Senator JD Vance’s (R-OH) bill that would restrict the Chinese government’s access to American capital markets and exchanges.
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The Federal Emergency Management Agency (FEMA) announced over $54 million in awards last month for the Department of Homeland Security (DHS) Shelter and Services program to Arizona entities to offset “costs incurred” due to the influx of illegal immigrants into the country.
According to funding awards posted publicly by FEMA last month, two Arizona-based charitable entities, Pima County and Maricopa County will collectively receive $54,573,093 to support illegal immigrants in the 2024 fiscal year.
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A new report reveals that over half of the population of illegal aliens that have come into the United States under Joe Biden’s watch are unemployed, thus creating an even greater strain on the country.
As reported by Breitbart, the report from the Center for Immigration Studies (CIS) released on Monday revealed that only 46 percent of illegals who came to the U.S. “in 2022 or later” were employed at the start of 2024.
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Congress has spent more money on interest so far this year than it has spent on both national defense and Medicare.
Spending on net interest hit $514 billion in the first seven months of fiscal year 2024. That’s more than spending on both national defense ($498 billion) and Medicare ($465 billion). Medicare is the federal health insurance program for those 65 and older and younger people with disabilities. During the same time period, the U.S. spent $873 billion on Social Security, the federal program that provides retirement, disability, survivor, and family benefits to more than 67 million Americans.
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A new report from Ember-climate.org, which describes itself as “an independent energy think tank that aims to accelerate the clean energy transition with data and policy” touting that renewable energy provided 30% of electricity generation in 2023 is getting a lot of attention, with reports in The Guardian, Associated Press, and Reuters, and CNN.
“A permanent decline in fossil fuel use in the power sector at a global level is now inevitable,” the report by Ember declares.
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President Biden’s 2025 budget proposal provides a salient reminder that he is no moderate, despite his attempts to position himself as one.
Biden’s tax proposals would effectively increase the top federal marginal tax rate on long-term capital gains to 44.6%, a record high since the tax was enacted in the 1920s. As a result, taxes paid on long-term capital gains would reach levels above 50% in some states after accounting for state capital gains taxes. Biden also proposed increasing the corporate income tax rate from 21% to 28% and presented a 25% tax on unrealized capital gains for individuals whose net worth exceeds $100 million.
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U.S. farmers’ confidence in the economy cratered in April, according to the latest monthly report from Purdue University.
The Purdue University-CME Group Ag Economy Barometer for last month, which was released Tuesday, fell 15 points from March. At 99, the current score is the lowest the barometer has dropped since it reached 97 in June 2022.
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The sweeping Trump-era tax cuts in the Tax Cuts and Jobs Act of 2017 are set to expire next year, setting up the tax debate as a potentially key political issue this election year.
While illegal immigration and inflation top Americans’ list of concerns, both parties are increasingly talking about the Trump-era tax cuts, which President Joe Biden has said he will allow to expire next year.
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As borrowing costs for student loans are already at unseen levels, rates are expected to rise even higher in the coming months to a high not seen in 16 years.
According to ABC News, the current interest rate on a federal undergraduate student loan, which is 5.5%, is expected to rise to 6.5% in July. This would mark the highest level since 2008. The borrowing rate for student loans is determined as a result of adding a fixed amount of 2.05% to the yield on the 10-year Treasury bond, which is set every May at an annual auction. On Wednesday, the 2024 auction saw 10-year Treasury bonds sold at a yield of 4.48%.
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Video surfaced on Friday of U.S. Senator Bob Casey (D-PA) declaring in a political event that it will be “impossible” to lower prices that have increased since President Joe Biden entered the White House.
“I’m not proposing that we’re going to be able to bring these prices down. That’s impossible,” Casey acknowledged in a video posted by Donald Trump Jr. to the social media platform X.
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Gas prices have been elevated in recent months heading into summer, when prices are expected to rise even more.
According to AAA, the average national price for a gallon of regular unleaded gasoline is $3.65 per gallon, up from $3.59 a month ago. The prices have fluctuated in recent days and are lower than the all-time high of $5.02 in the summer of 2022. However, prices overall have risen significantly this year and are on pace to rise more in the summer months.
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Converting America’s medium- and heavy-duty trucks to electric vehicles (EV) in accordance with goals from the Biden administration would add massive costs to commercial trucking, according to a new analysis released Wednesday.
The cost to switch over to light-duty EVs like a transit van would equate to a 5% increase in costs per year while switching over medium- and heavy-duty trucks would add up to 114% in costs per year to already struggling businesses, according to a report from transportation and logistics company Ryder Systems. The Biden administration, in an effort to facilitate a transition to EVs, finalized new emission standards in March that would require a huge number of heavy-duty vehicles to be electric or zero-emission by 2032 and has created a plan to roll out charging infrastructure across the country.
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Loudoun County’s Board of Supervisors ratified a collective bargaining agreement with its firefighters Tuesday, the first such agreement in the county’s history and one of many popping up across the commonwealth.
“I don’t know when I’ve been happier and prouder to make a motion,” said Board Chairwoman Phyllis Randall, D-At Large. “If I were a crier – and I just might – I would be crying right now.”
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At both the federal and state levels, elected leaders are paying more attention to national security threats stemming from Chinese-owned real estate in the United States.
The totality of Chinese-owned real estate in the United States remains unknown and, under current law, is unknowable. For agricultural land, Chinese-owned acreage reportedly only constitutes a small share of the United States’ total, but has increased rapidly in recent years, suggesting a growing threat that would best be managed now before it turns into a significant problem.
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State officials say Florida’s tourism marketing organization, Visit Florida, returned only 58 cents for every dollar spent on it in 2023.
The report by the Office of Economic and Demographic Research found that Visit Florida’s public marketing during fiscal years 2019-22 generated a positive 0.58 return on investment.
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Nearly half of the most popular jobs in Ohio pay the average worker so little employees qualify for government assistance to feed a family of three, a new report based on information from the Bureau of Labor Statistics shows.
The findings in the Still working for too little in Ohio report from Policy Matters Ohio also showed that those four occupations employ 476,000 or 8.7% of all workers in the state.
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Three public interest groups are claiming a legal victory of sorts, saying their actions have led to at least a temporary delay in Dominion Energy’s efforts to begin construction on Virginia’s major offshore wind project – but Dominion disagrees.
The Heartland Institute, the Committee for a Constructive Tomorrow and the National Legal and Policy Center have taken action against Dominion several times now regarding the project.
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GF Casting Solutions, a producer of lightweight components for the mobility and energy sectors, will invest over $184 million in a new manufacturing facility in Augusta Corporate Park. The facility, which is anticipated to start operations in 2027, will bring 350 additional jobs to Richmond County.
“Georgia is proud to carry the title of the No. 1 state for business to companies across the globe, bringing opportunities to communities in every corner of the state,” said Governor Brian Kemp in a press release last week.
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The Tennessee Eagle Forum on Monday announced State Senator Kerry Roberts (R-Springfield) was awarded the Tennessee Eagle Forum Award for 2024 due to his successful legislation that “effectively repealed” a 2022 law which enabled some illegal immigrants to receive state-issued commercial and professional licenses.
Roberts’ legislation, according to a Tennessee Eagle Forum press release, removed key language from Public Chapter No. 11, the 2022 legislation that allowed illegal immigrants to obtain professional or commercial licenses if they are “either a United States citizen or authorized under federal law to work in the United States as verified by the SAVE program.”
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The Sierra Club will hold a demonstration at Lipscomb University in Nashville on Wednesday to protest the use of fossil fuels by the Tennessee Valley Authority (TVA), which is slated to hold a listening session earlier the same day.
A TVA web page explains the controversial group’s “Rally for the Valley” will feature a musical performance Nashville-based country music artist Jonathan Singleton and remarks by Representative Aftyn Behn (D-Nashville).
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With inflation, high-interest rates and slowing economic growth already stressing Americans heading into the 2024 election, another reason to worry about the Biden economy has cropped up: distressed banks in danger of failing.
Last month U.S. regulators seized a bank known as Republic First Bancorp and agreed to sell it to Fulton Bank.
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2023 was a record year for domestic natural gas consumption, and its supply wouldn’t have been possible without record U.S. production, led by Texas, according to several reports.
Texas produced the equivalent of one-third of the natural gas consumed last year, with Texas producers breaking multiple records last year, The Center Square reported.
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A German discount grocer has seen an increase in business from American customers over the last year, as inflation remains stubbornly high and presents an ongoing threat to Americans’ financial security.
The Daily Caller reports that Aldi, the German-based grocer, saw a staggering 26% increase in foot traffic at its store in March compared to March of 2023. This rise far surpassed increases at other popular grocery store chains, including the 6% year-over-year increase at Kroger and the 15% increase at Trader Joe’s.
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Americans are less confident about the economy, according to a new survey.
Gallup’s recently released economic confidence rating dropped from March to April as inflation remains elevated. Just after the polling was conducted from April 1-22, the federal government released underperforming Gross Domestic Product data.
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U.S. productivity growth slowed in the first quarter of 2024, casting doubt on the American economy’s future growth, according to data released by the Bureau of Labor Statistics (BLS) on Thursday.
Growth in U.S. business productivity slowed to just 0.3% in the first quarter of 2024, below economists’ predictions of 0.5% and far lower than the 3.5% rate of growth achieved in the fourth quarter of 2023, according to the BLS. Sluggish growth in productivity bodes poorly for broader gross domestic product (GDP) growth, which slowed to 1.6% in the first quarter of 2024.
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For most of our lifetimes, classically liberal economics so dominated the Right that nobody wondered if conservatives were abandoning free markets. In recent years, though, a new generation of conservative thinkers—more traditionalist, populist, or nationalist than libertarian—has challenged the utility and even the morality of laissez faire economic policy.
We welcome their questions and critiques, as they have compelled American conservatives to have a long overdue conversation about the market, the family, and the state. But the blunt truth is the movement cannot abandon free markets. The moral and practical case for free enterprise is as necessary today as it was when Ronald Reagan and Margaret Thatcher used it to rescue their nations’ economies and win the Cold War.
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A recent survey conducted by RedBalloon and PublicSquare found that a majority of small businesses believe colleges are failing to prepare Gen Z for the workforce and that nearly half of small businesses said that a college degree has zero value in their hiring decisions.
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Growth in government jobs slowed in April, bucking the pattern that has contributed to above-trend job growth over the past several months, according to data from the Bureau of Labor Statistics (BLS).
Employment in government grew just 8,000 in April, lower than the average over the past year of 55,000 per month, according to data from the BLS. A slowdown in government hiring led total job growth in April to be largely anemic compared to recent months, with the U.S. adding only 175,000 nonfarm payroll positions in the month, lower than the average over the past year of 242,000.
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Bernie Moreno, the Republican nominee in the Ohio U.S. Senate race, used Friday’s jobs report for the month of April to call out his opponent, incumbent U.S. Senator Sherrod Brown (D-OH), and President Joe Biden for their “disastrous” economic policies.
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The specter of stagflation has returned. The monthly jobs report released Friday showed only 175,000 jobs were created last month, well below the recent average and expectations.
More than half of new jobs were created in the unproductive government and quasi-government healthcare and social services sectors that don’t generate growth. Average wages grew at a slower rate than inflation, meaning Americans’ real wages and living standards are declining.
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Connecticut will end the fiscal year with a record surplus, according to a new report, which is fueling calls by progressive Democrats to roll back the state’s spending controls.
The consensus revenue forecast, released by the Office of Policy and Management and Office of Fiscal Analysis on Monday, shows the state is likely to close out the fiscal year more than $645 million above initial budget projections. That’s a roughly $1 billion surplus through 2026, according to the report.
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Ohio is handing out $86 million in federal taxpayer money to private investment funds to be passed on to early-stage tech companies that are women- or minority-owned or in underserved areas by venture capital.
The money comes from the federally-funded State Small Business Credit Initiative Venture Capital program, and Ohio Department of Development Director Lydia Mihalik says the money helps level the playing field.
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