Some USPS deliveries will soon take longer, cost more
Starting Oct. 1, the USPS is implementing new service standards for its first-class mail and periodicals, which will increase the delivery time for mail traveling long distances by one or two days, according to USPS spokesperson Kim Frum.
White House says 400,000 people so far got boosters at pharmacies
The Biden administration reported Tuesday that more than 400,000 Americans received COVID-19 booster shots over the weekend, just at pharmacies alone.
Sen. Lummis slams Yellen over $600 IRS reporting requirement
Sen. Cynthia Lummis took Treasury Secretary Janet Yellen to task on Tuesday of the Biden administration's proposal that every bank transaction of $600 or more be reported to the IRS.
Schumer seeks to fast-track raising the debt ceiling
Senate Majority Leader Chuck Schumer says Democrats are prepared to raise the debt ceiling on their own if they can do so with a simple majority.
Janet Yellen says Treasury could exhaust cash reserves by Oct. 18 if debt limit isn’t raised
Treasury Secretary Janet Yellen told Congress that the Treasury would be unable to pay all of the government’s bills if lawmakers don’t raise the federal borrowing limit by Oct. 18.
Dallas Fed’s Kaplan resigns, follows Boston’s Rosengren after stock sale controversy
The Federal Reserve announced Monday that Dallas Fed chief Robert Kaplan will soon retire, just hours after Boston Fed president Eric Rosengren said he would be retiring at the end of the month.
Lethal counterfeit pills being sold online as prescription drugs, DEA warns
In its first Public Safety Alert in six years, the agency said that there is a "significant nationwide surge in counterfeit pills that are mass-produced by criminal drug networks in labs" and are "deceptively marketed as legitimate prescription pills" online, according to the agency.
NC congressman won’t vote to raise debt ceiling, cites need to analyze spending
Rep. Greg Murphy, R-N.C., on Thursday introduced a bill to track "fiscal responsibility" in Congress as Democrats work to pass President Biden’s $4 trillion economic agenda.
Multiple conservative groups come out in support of House antitrust bills
The letter from conservative groups seeks support for a slate of six antitrust bills that passed out of the House Judiciary Committee, taking aim at Big Tech.
Amazon CEO Andy Jassy made the rounds on Capitol Hill this week: report
Amazon CEO Andy Jassy met with several lawmakers on Capitol Hill this week, according to a new report.
Biden considering Defense Production Act to address semiconductor chip shortage: report
President Joe Biden is considering using the Defense Production Act to address the ongoing shortage of semiconductor chips in the U.S.
China makes preparations for Evergrande’s demise
Chinese officials brace for Evergrande collapse, fearing economic and social fallout, as a bail out for the property developer looks unlikely.
China's Evergrande says it will make debt payment
Evergrande's struggle to comply with financial restrictions imposed by regulators to curb rising debt in the Chinese economy has prompted fears a default might cause global shockwaves.
Space Force unveils its Guardians Ideal to fine-tune hiring
The Space Force has rolled out new, streamlined processes for hiring and retaining talent
Trump's paint job pick for new Air Force One is 'not final,' general says: report
The general in charge of Air Force acquisition says the paint job former President Donald Trump selected for the new Air Force One planes due out in 2024 is "not final," according to a report.
FAA asks airlines to 'take more action' in curbing unruly passenger incidents
The FAA on Tuesday asked airlines to step up their efforts in curbing an ongoing rise in reported incidents involving unruly passengers.
COVID-19 booster shots: former acting HHS secretary weighs in after FDA advisory board endorsement
Former HHS Acting Secretary and Deputy Secretary Eric Hargan says the FDA has been rightfully cautious about approving COVID-19 vaccine booster shots.
$1.4B in health care fraud rings busted by Feds, doctors and nurses nabbed
The Department of Justice has announced charges against 138 people -- including doctors and nurses -- who the feds say were part of alleged health care fraud rings allegedly totaling $1.4 billion.
FTC signals crackdown on loopholes protecting Big Tech's unreported acquisitions
The FTC's Office of Policy Planning released findings on Wednesday from a study which focused on over 600 unreported acquisitions by Alphabet, Amazon, Apple, Facebook, and Microsoft between Jan. 1, 2010 and Dec. 31, 2019.
Fed Chair Jerome Powell to review trading rules after central banker stock trades raise eyebrows
Federal Reserve Chairman Jerome Powell has called for a fresh review of the central bank's ethics rules after top officials fell under scrutiny for trades made last year.