The U.S. Export-Import Bank inked a $2 billion clean-energy loan offer with South Africa to help fund the country’s green-energy push and drum up sales for America’s renewable industry, according to an announcement made last week. The 18-year loans will target wind, solar and thermal power in particular, said Fred …
According to a recent Government Accountability Office (GAO) report, federal health standards limiting radiation from cell phones are outdated and don’t reflect the latest research in the field. The watchdog agency urged the Federal Communications Commission (FCC) to reassess its current rules. The Members of Congress who requested the study—Representatives …
At least four states provide exemptions to anti-stalking laws for labor union officials conducting organizing activities, according to a new report from the U.S. Chamber of Commerce. Every state in America criminalizes stalking, generally defined as repeated unwanted contact with another individual designed to cause some sort of mental or …
A report from the Agriculture Department’s Inspector General has revealed some stunning examples of financial waste in the Department’s nascent technology security efforts, which have mismanaged about $63 million in taxpayer funding. Among the IG’s findings: the USDA spent more than $2 million on an internship program that only hired …
It is becoming hard to keep the billions of dollars in missed payments and recorded losses by the U.S. Postal Service (USPS) straight. Today, tack another multibillion-dollar chunk of change onto the list: The USPS reported a third-quarter net loss of $5.2 billion, bringing year-to-date losses to $11.6 billion. But …
President Obama’s “You didn’t build that” comment has drawn much attention. The reactions from both the President’s defenders and his critics illustrate a profound misunderstanding about how the market actually allows us to cooperate. As Milton Friedman, echoing Foundation for Economic Freedom founder Leonard Reed, pointed out: “not a single …
Beaten workers. Blocked deliveries. Late-night vandalism. The news surrounding the Goldtex construction project in Philadelphia reads like a script for The Sopranos. What is going on? In early March, Post Brothers Construction, owned by brothers Matt and Mike Pestronk, began converting a 10-story loft building into 163 apartments. They decided …
Congress has headed off for its long vacation-and-campaign season, fleeing Washington as the unemployment rate rises. According to the Labor Department’s July jobs report, the unemployment rate ticked up to 8.3 percent, 12.8 million Americans are out of work, and 5.2 million have been out of work for at least …
A recent Pew Research Center study, The American-Western European Values Gap, shows that the U.S. is unique in its percentages of: People who believe that “freedom to pursue life’s goals without state interference” is more important than “state guarantees [that] nobody is in need,” People who disagree that “success in …
