WASHINGTON, Nov. 26 -- The U.S. Department of Commerce issued the following news release: CHIPS Investment of up to $7.865 Billion Reinforces U.S. Supply Chain Security and Supports Multiple Projects in Arizona, New Mexico, Ohio, and Oregon Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Intel Corporation up to $7.865 billion in direct funding under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication Facilities. The award   more

WASHINGTON, Nov. 26 -- Rep. Shontel Brown, D-Ohio, issued the following news release: Cleveland, Ohio Congresswoman Shontel Brown today announced the members of the 2024-25 OH-11 Youth Advisory Council, an education and leadership initiative designed for local high school juniors and seniors. Through participation in Congresswoman Brown's Youth Advisory Council, students from across Northeast Ohio learn more about Congress and public service, issues in the community, and develop professional an  more

CLEVELAND, Ohio, Nov. 26 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 24-27) on November 25, 2024, by Daniel R. Carroll, Andre Victor D. Luduvice, and Eric R. Young entitled "A Note on Aggregating Preferences for Redistribution." Here are excerpts: * * * The policy predictions of standard heterogeneous agent macroeconomic models are often at odds with observed policies. We use the 2021 General Social Survey to investigate the drivers of individuals'   more

CLEVELAND, Ohio, Nov. 26 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 24-26) on November 21, 2024, by Michael Lamla, Damjan Pfajfar, and Lea E. Rendell entitled "Inflation and Deflationary Biases in the Distribution of Inflation Expectations: Theory and Empirical Evidence from Nine Countries." Here are excerpts: * * * We explore the consequences of losing confidence in the price stability objective of central banks by studying the resulting inflation  more

CLEVELAND, Ohio, Nov. 26 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 24-27) on November 26, 2024, by Costas Cavounidis, Vittoria Dicandia, Kevin Lang, and Raghav Malhotra entitled "The Nature of Technological Change 1960-2016." Here are excerpts: * * * We present a unified technological explanation of both the movement of workers across jobs using different skills and the changes in skill use within jobs. An envelope-theorem approach allows us to es  more

WASHINGTON, Nov. 27 -- The Federal Labor Relations Authority issued the following decision (Case No. 0-AR-5913) on Nov. 25, 2024: * * * UNITED STATES DEPARTMENT OF VETERANS AFFAIRS WEST PALM BEACH VA MEDICAL CENTER WEST PALM BEACH, FLORIDA (Agency) and AMERICAN FEDERATION OF GOVERNMENT EMPLOYEES LOCAL 507 (Union) 0 AR 5913 DECISION November 25, 2024 * * * Before the Authority: Susan Tsui Grundmann, Chairman, and Colleen Duffy Kiko and Anne Wagner, Members (Member Kiko concurring) I.  more

WASHINGTON, Nov. 27 -- Rep. Brad Wenstrup, R-Ohio, chairman of the House Oversight and Accountability Select Subcommittee on the Coronavirus Pandemic, issued the following news release: Chairman Brad Wenstrup (R-Ohio) will hold a markup of the Select Subcommittee on the Coronavirus Pandemic's final report on Wednesday, December 4, 2024. As mandated by the rules of the 118th Congress, the Select Subcommittee was "authorized and directed to conduct a full and complete investigation" into the poli  more

WASHINGTON, Nov. 27 -- The U.S. Department of Labor Occupational Safety and Health Administration issued the following news release: * * * Investigations identify 14 violations at two Graf Custom Hardwoods locations * * * PORTSMOUTH, OH - Once again, the U.S. Department of Labor has cited a Portsmouth hardwood floor manufacturer with a long history of federal safety violations after the company reported a 23-year-old worker suffered a partial arm amputation while troubleshooting a rip saw ma  more

WASHINGTON, Nov. 27 -- Rep. Dave Joyce, R-Ohio, issued the following news release on Nov. 26, 2024: Yesterday, after passing both the U.S. House of Representatives and Senate, Congressman Dave Joyce's (OH-14) bill to designate the United States Postal Service (USPS) office located in Chesterland, Ohio, as the "Sgt. Wolfgang Kyle Weninger Post Office Building" was signed into law. The USPS will be directed to install a dedicatory plaque displaying the name publicly in the facility's lobby in mem  more

WASHINGTON, Nov. 26 -- Rep. Emilia Strong Sykes, D-Ohio, issued the following news release: Ohio set to receive billions for New Albany plants, creating thousands of good-paying, union jobs Today, U.S. Representative Emilia Sykes (OH-13) celebrated the news that the U.S. Department of Commerce is set to award $7,865,000,000 in funding from the CHIPS and Science Act to Intel to strengthen the U.S. supply chain and reestablish American leadership in semiconductor manufacturing. This includes bil  more