US Economy

TL/DR - The Biden-Harris administration has announced an agreement with the Imperial Irrigation District to conserve about 100,000 acre-feet of water in Lake Mead in 2023, funded by $77.6 million from the Investing in America agenda. The investments are part of the administration's approach to improve and protect the Colorado River System. Over…

TL/DR - US Deputy Secretary of Commerce, Don Graves, discussed climate concerns and solutions, including renewable energy subsidies and other investments, at the University of Wisconsin-Madison. A focus was the Inflation Reduction Act, which provides $3.3 billion in funding for climate infrastructure and is aimed at young people, who Graves views…

TL/DR - Since 2000, prices for consumer goods and services in the U.S. have risen by over 80%, with medical prices increasing by nearly 115%. However, between February 2022 and February 2023, the cost of medical services grew by just 2.1%, and health insurance costs fell from a peak in September 2022 by about 3% to 4% a month. Factors such as the…

TL/DR - US Treasury Secretary, Janet Yellen, is set to visit North Carolina to promote President Biden's economic agenda. Scheduled to visit Gaston College and lithium hydroxide producer Livent, Yellen will be joined by Governor Roy Cooper at Livent to discuss the Inflation Reduction Act investments. Gaston College offers certification programs…