Biden has presided over three of four worst bank failures in US history
The Federal Reserve's rate regime has led to problems in the banking sector.Three major banks have collapsed since March due […]
Tag: Economy
US, Chinese officials discuss climate, economy, relationship
Janet Yellen, the U.S. Treasury Secretary, met with her Chinese counterpart on Wednesday and promised to work together to "prevent […]
One third of world economy expected to be in recession in 2023, says IMF chief
Kristalina Georgieva, chief of the International Monetary Fund (IMF), warned that this year will be more difficult for the global […]
White House says Biden will fix Inflation Reduction Act ‘glitches,’ address Europe’s concerns without Congress
Karine Jean-Pierre, White House Press Secretary, suggested Monday that President Biden would fix "glitches” in the Inflation Reduction Act without […]
Janet Yellen blames Americans’ ‘splurging’ for record-high inflation
Janet Yellen, Treasury Secretary, blamed consumers' spending habits for Wednesday's inflation spike that was close to 40 years.The official Biden […]
Biden’s presidency and legacy on the line in Tuesday’s midterm elections
There is a lot at stake for President Joe Biden in Tuesday's midterm elections.His presidency will be shaped by whether […]
Biden stumps on job growth, as voters dread inflation
With 10.3 million jobs gained in his tenure, President Joe Biden has a remarkable record of job creation. However, Tuesday's […]
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
Wednesday's Federal Reserve approval of a fourth quarter-point interest rate hike was signaled by a possible change in its approach […]
House GOP lawmakers push permanent tax cuts amid soaring inflation
The chief tax-writing Ways and Means Committee is composed of House Republicans. They are trying to make the 2017 tax […]
HALLOWEEN SCARE: Dems’ midterm fears worsen as election forecasters shift more races toward GOP in final weeks
With less than two weeks until Election Day, Democrats across the country face a more grim outlook. Election forecasters continue […]
