Consumer spending has remained resilient as the top 10% of earners accounted for roughly 50% of consumer spending in the third quarter. But one of the “luxury” goods they are spending it on is simple mixture of salt and cream.
The Department of Energy said the U.S. is taking a 5% equity ownership in Lithium Americas, a company that’s working to open up one of the world’s largest lithium mines at Thacker Pass in Nevada.
The payroll processing firm found in its latest National Employment Report that the labor market just keeps going downhill, with most of the job losses hitting small and medium-sized business the hardest.
The U.S. Department of Agriculture has revived one farm to school grant program after canceling it earlier this year, and a pair of bipartisan bills making their way through Congress aim to restore funding for the Local Food For Schools program. But the cancellations have been a big disruption for ag producers.