Category: Economy
'Middle out, bottom up': What does 'Bidenomics' really mean?
'Middle out, bottom up': What does 'Bidenomics' really mean?
www.politico.com [...]
After talks, Yellen ‘confident’ there will be more communication with China
After talks, Yellen ‘confident’ there will be more communication with China
www.politico.com [...]
Biden touts economic policy: 'Bidenomics is the future'
Biden touts economic policy: 'Bidenomics is the future'
www.politico.com [...]
Biden puts all his chips on the table with a push on ‘Bidenomics’
“They’re going to wrap their arms fully around the economic strategy and economic results,” said Seth Harris, the former deputy director of Biden’s N [...]
Powell projects rate hikes take ‘a year and change’ to work
Powell projects rate hikes take ‘a year and change’ to work
www.politico.com [...]
U.S. consumer price growth slowed last month, though underlying inflation measures stayed high
And core prices remained high last month, rising 0.4% from April to May, the sixth straight month of increases at that level or higher. Compared with [...]
Trump: U.S. ‘might as well’ default on debt
Trump: U.S. ‘might as well’ default on debt
www.politico.com [...]
U.S. prices pick up, showing inflation pressures persist
The Fed is paying particular attention to so-called core prices, which exclude volatile food and energy costs and are regarded as a better gauge of l [...]
The under-the-radar issues that could shake up 2024
Former Sen. Heidi Heitkamp (D-N.D.), who is now director of the University of Chicago’s Institute of Politics:
“I think if you’re looking for the one [...]
US economy grew at weak 1.1% rate in Q1 in sign of slowdown
The housing market, which is especially vulnerable to higher loan rates, has been battered. Consumer spending, which fuels roughly 70% of the entire [...]
GOP takes aim at spending while Dems fear debt default
GOP takes aim at spending while Dems fear debt default
www.politico.com [...]
Yellen ‘not anticipating’ economic downturn
Yellen ‘not anticipating’ economic downturn
www.politico.com [...]
Elizabeth Warren: Fed chair has failed at both his jobs
The Massachusetts senator, who has been vocal in calling for stronger regulations of the banking sector, also slammed Powell for deregulation that ha [...]
U.S. inflation eases but stays high, putting Fed in tough spot
That is a sharp shift from just a week ago, when Chair Jerome Powell suggested to a Senate committee that if inflation didn’t cool, the Fed could rai [...]
Biden on economy: ‘It’s understandable why people are just down’
“I don’t blame people for being down, you know,” Biden said, “when you had the year, two years of the pandemic, kids out of school, the mental health [...]