The Department of Energy said the U.S. is taking a 5% equity ownership in Lithium Americas, a company that’s working to open up one of the world’s largest lithium mines at Thacker Pass in Nevada.
The payroll processing firm found in its latest National Employment Report that the labor market just keeps going downhill, with most of the job losses hitting small and medium-sized business the hardest.
The U.S. Department of Agriculture has revived one farm to school grant program after canceling it earlier this year, and a pair of bipartisan bills making their way through Congress aim to restore funding for the Local Food For Schools program. But the cancellations have been a big disruption for ag producers.
The Federal Reserve just cut interest rates by a quarter of a percentage point. While that should affect rates throughout the economy, some lenders report that not much has changed.
New data from the Bureau of Economic Analysis shows as prices go up, people are continuing to spend more money than they earn and are also saving less.