Fed Still Evading Key Issues

Published on August 26, 2025

Last Friday, Jerome Powell gave the Fed Chief’s annual speech at the Kansas City Fed’s 2025 meeting in Jackson Hole, WY.

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US Department of Labor promotes AI literacy across the American workforce

August 26, 2025
WASHINGTON – The U.S. Department of Labor’s Employment and Training Administration today issued guidance to states on how to use Workforce Innovation and Opportunity Act grants to bolster artificial intelligence literacy and training across the public workforce system. The guidance, which encourages states and local workforce development boards to use Workforce Innovation and Opportunity Act fundi

Durable Goods Orders Down 2.8% in July, Less Than Expected

August 26, 2025
New orders for manufactured durable goods fell 2.8% to $302.81 in July, the second consecutive monthly decline. The latest reading was just above the projected 3.8% monthly decline.