Category: Economy
Biden’s 2022 State of the Union report card: Where he delivered — and fell flat
The president promised a lot last year. Here's how we graded him on some of those pledges.
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Biden on robust jobs numbers: The ‘critics and cynics are wrong’
The president’s last-minute remarks were added to his schedule Friday morning after the Labor Department announced the U.S. economy created a whoppin [...]
Amid 2.9 percent growth, Biden says his economic plan is ‘working’
Amid 2.9 percent growth, Biden says his economic plan is ‘working’
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In the battle against inflation, it’s Jay Powell v. Wall Street
“It is a very peculiar tango that we’re dancing here,” said Torsten Slok, chief economist at Apollo Global Management. “On the one hand, the Fed must [...]
Yellen to stay on as Treasury chief through Biden’s term
But in recent months inflation has eased, Democrats performed surprisingly well in the midterm elections and pressure to make sweeping changes on the [...]
Fed hikes rates and signals more to come
Fed hikes rates and signals more to come
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U.S. inflation slowed sharply to 7.1% over past 12 months
Even with last month’s further easing of inflation, the Federal Reserve plans to keep raising interest rates. On Wednesday, the Fed is set to boost i [...]
Fed jacks up rates again but hints it might slow down
“In determining the pace of future increases ... the Committee will take into account the cumulative tightening of monetary policy, the lags with whi [...]
Voters remain gloomy despite recent economic gains
The third quarter GDP increase followed two quarters of decline. Fifty-eight percent of voters said they hadn’t heard that GDP was up, according to t [...]
U.S. economy returned to growth last quarter, expanding 2.6 percent
Housing investment, though, plunged at a 26 percent annual pace, hammered by surging mortgage rates as the Federal Reserve raises borrowing costs to [...]
More voters trust Republicans on economy as interest in midterms hits high, polls say
House Speaker Nancy Pelosi said on Sunday on MSNBC that she didn’t “subscribe” to the idea that voters don’t trust Democrats on the economy.
Repub [...]
Biden: About 22M applied for student debt relief
Biden: About 22M applied for student debt relief
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Soaring tax revenue, spending plunge spark record drop in budget deficit
But the deficit wasn’t as small as the $1 trillion that White House officials had forecast in August, primarily because of higher spending on educati [...]
Yes, the Liz Truss debacle matters for Americans
Aside from gaining satisfaction from knowing there are other countries with messed-up democracy, here are four ways the departure of Liz Truss matter [...]
Watch Liz Truss announce her resignation
Watch Liz Truss announce her resignation
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