ECONOMICS

Following Manufacturing surveys' surge in January (both S&P Global and PMI), Services surveys were both expected to rise also in January, tracking the rise in 'hard' data recently.

• S&P Global's ISM Services survey rose from 51.4 in December to 52.5 (final) in January (but declined from the 52.9 flash print for January). That is still the highest Services print since June 2023.

• ISM's Services survey jumped from 50.5 to 53.4, well above the (more…)

Authored by Stephen Anderson via The Mises Institute,

Bankruptcy is a developing twenty-first century theme in America. We see bankruptcy in federal government policy and spending, many corporate boardroom decisions, nonprofit and religious groups’ overspending and arrogance, individuals, some United States cities and counties, and the territory of Puerto Rico. The federal bankruptcy law consisting of Chapters 7, 9, 11, and 13 allow bankruptcy filings for local governments, (more…)

By Emily Sturge of CampusReform.org

A Feb. 9 Federal TRIO Programs Subcommittee meeting could push the Biden administration one step closer to extending $1.2 billion in college-preparatory programs to illegal immigrants.

A draft proposal released Jan. 12 by the Department of Education’s Office of Postsecondary Education argued in favor of extending Federal TRIO programs to illegal immigrants. TRIO programs are a set of eight “outreach and student services” initiatives (more…)