Federal Newswire Report News


31 regional tech hubs announced to spur American innovation and create job opportunities

President Biden and Secretary of Commerce Gina Raimondo have announced the designation of 31 communities across the United States as Regional Innovation and Technology Hubs (Tech Hubs) through the Department of Commerce Economic Development Administration.


Corn and soybean production in US are down from September

The USDA's Crop Production report indicates a decrease in corn and soybean production from September 2023, with yield per harvested acre decreasing for both crops.


USDA increases investments in food aid and international trade

Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture (USDA) is providing $2.3 billion to help American producers maintain and develop markets for their commodities and use U.S. commodities to bolster international food aid.


Civil forfeiture complaint against $300 million superyacht filed by Department of Justice

The United States filed a civil forfeiture complaint against a $300 million superyacht owned by sanctioned Russian oligarch Suleiman Kerimov. The yacht was seized by the United States in 2022.


NSA employee admits to attempts of transmitting national defense information to foreign government

Jareh Sebastian Dalke pleaded guilty to six counts of attempting to transmit classified National Defense Information (NDI) to an agent of Russia. Dalke was an employee of the National Security Agency from June 6, 2022, to July 1, 2022, where he served as an Information Systems Security Designer.


USDA assessment of carbon markets on agriculture and forestry

The U.S Department of Agriculture (USDA) has released a report on the role of agriculture and forestry in the U.S. carbon markets, highlighting current market activity, barriers to participation, and opportunities for improving access.


$50 million made available to strengthen forest products economy, forest sector jobs

The U.S. Department of Agriculture's Forest Service is offering nearly $50 million in grant funding to support the forestry sector, aiming to create new markets for wood products and renewable wood energy, expand processing capacity, and tackle the climate crisis.


Alphabet released third quarter 2023 results

Alphabet released their earnings report for 2023 Q3, reporting an 11% revenue growth in the third quarter.


Microsoft releases FY24 first quarter results

Microsoft reported strong sales in its latest quarter, indicating that corporate customers are adjusting to spending in the uncertain economy.


Report on historically equitable economic recovery from pandemic

The U.S. Department of the Treasury has released a report revealing that the recovery from the economic harm caused by the COVID-19 pandemic was the most equitable in recent history


Report card on President Biden's Investing in America Agenda released by Treasury Department

The U.S. Department of the Treasury has released a report card detailing the implementation of federal investments in entrepreneurs and small businesses, including those in President Biden's American Rescue Plan.


API contests NHTSA's proposed fuel economy standards, cites restrictions on consumer choices

API argues that these standards would effectively phase out gasoline-powered vehicles.


Construction on single-family homes increase despite rising mortgage rates

Single-family housing starts unexpectedly rose in September despite mortgage rates over 7%, driven by limited resale inventory that led buyers to new construction.


Secretary of Treasury reflects on budget results for 2023

U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget Director Shalanda D. Young released the final budget results for fiscal year 2023.


Members of Milorad Dobik's family and patronage network sanctioned by U.S. Treasury

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated two individuals and four entities as part of Specially Designated National (SDN) and Republika Srpska (RS) President Milorad Dodik's patronage network.


DOE allocates $1 million to Puerto Rico's energy resilience

The U.S. Department of Energy's Office of Economic Impact and Diversity (ED) has announced it has entered a two-year cooperative agreement worth $992,000 with the Interstate Renewable Energy Council (IREC).


RAND research co-director gave testimony on emerging psychedelic-assisted therapies for veterans

According to Dr. Rajeev Ramchand, research must continue in the areas of psychedelic assisted therapy programs for treating PTSD.


Institute for Policy Studies argues against additional U.S. military aid to Israel

The organization's argument concludes that additional military aid to Israel amid the ongoing conflict in Gaza would result in more deaths and a perpetuation of suffering.


U.S. and Estonia strengthen defense partnership with new security agreement

With the signing of the Security of Supply Arrangement (SOSA), Estonia joins a group of 13 nations, including Australia and the UK, in entering such agreements with the U.S.


U.S. Chamber of Commerce backs bipartisan bill to expedite cargo screenings

The bill proposes specialized roles within Customs and Border Protection (CBP) for assessing cargo.