U.S. Economy
Biden and Congress Can Fight Inflation Too
To keep Fed Chair Jerome Powell from having to slam the brakes on the current economic recovery, it's important that the president and Congress combat inflation as well.
Biden Projects Optimism in State of the Union, Previewing Midterm Messaging
Biden said he would continue punishing Russia for invading Ukraine and laid out a plan to tackle inflation and boost the economy.
Listening to Parents on Paid Leave
The best way to deliver for families is to offer a universal, modest benefit for all parents, regardless of work status.
It's Time for a Homegrown U.S. Nuclear Manufacturing Base
Unless we can build a strong domestic industrial base to respond to this challenge, the CCP will use nuclear (and other sectors) to control global markets.
Republicans Should Become The Party Of Home Ownership
A home is not just a home. It is an important check on government power.
Ontario Premier Refuses Protest Negotiations Despite Pleas From U.S.
"Your right to make a political statement does not outweigh the right of hundreds," Premier Doug Ford told protesters.
Ambassador Bridge Blockade Has Halted $650M of Goods From Coming Into U.S.
Michigan Governor Whitmer's office estimates that 10,000 commercial vehicles cross the bridge between Detroit, Michigan and Windsor, Canada daily.
Trucker Blockade at U.S.-Canada Border Causes Over $1B in Losses Daily
"In a matter of a couple of months, you're talking about losing more money than all of General Motors is worth," labor expert Arthur Wheaton told Newsweek.
Congress' Investment in American Industry is Missing an Ingredient
Trickling out subsidies through dozens of federal bureaucracies, as the House and Senate bills propose, won't by themselves revive American high-tech manufacturing.
States' Pursuit of Top-Heavy Tax Cuts Is Disconnected from Reality
States have repeatedly tried this approach, always with the false promise that sometime tomorrow, the middle class will benefit from today's tax cuts for businesses and the wealthiest people.
We Must Refranchise the Young and Restore the Middle Class
The real issue is not employment but ownership. Most policymakers refuse to confront the hard truth that millions of Americans are being transformed into serfs.
Biden Starts to Feel the Heat Over Inflation
The White House is extremely concerned about inflation but does not know what to do about it.
The U.S. Must Release the Semiconductor Industry from China's Grasp
The chip industry is fundamental to U.S. national and economic security, and onshoring semiconductor manufacturing plants holds the promise of economic growth.
7 in 10 Small-Business Owners Say Supply Chain Woes Hurting Bottom Lines
Overall, less than a quarter of small businesses think the economy is in a good or excellent state, the survey reported.
Despite Surging Economy, Disenchanted Nevada Democrats Switching Parties
An improving economy usually bodes well for the incumbents, but in the critical swing state of Nevada more Democrats are switching parties than Republicans.
To Beat Inflation, Biden First Needs to Fix the Supply Chain, Work Shortage
In a Congressional hearing on Tuesday, Fed Chair Jerome Powell said supply-side shortages and labor shortages have contributed to recent inflation in the U.S.
Stock Market Dips May Be on Horizon as Feds Look to Curb Inflation
"You can think about it as if they're flying a plane and now, they want to land the plane but don't want it to be a sort of a bumpy ride," one economist said.
U.S. Economy's Growth Projected to Slow Amid Supply Chain Bottlenecks
The World Bank projected that the U.S. economy will grow 3.7 percent this year, down from 5.6 percent last year.
U.S. Wealth Grew Under Jerome Powell, So Why Does Warren Oppose Him?
Warren has voiced concerns to Powell over "the Fed's lack of transparency and your commitment to fully and honestly addressing the Fed's broken ethics culture."
Biden Touts Jobs Report, Says 4.5 Million Left Job to Find a Better One
According to Biden, Americans are moving up to better jobs with better pay with better benefits. That's why they're quitting their jobs," the president said.
Biden Calls 'Malarky' on Republicans Who Say He Doesn't Get Inflation
"(Republicans) want to talk down the recovery because they voted against the legislation that made it happen," the president said.
Why Economists Are Praising Biden When 60 Percent of Voters Say He's Failed
"There's just a lot of historical evidence Americans do not like inflation," said Brookings Institution economist Gary Burtless.
Inflation Sees Average Americans Paying More for Their Goods Than Wealthy
"We estimate that inflation in 2021 will require the average U.S. household to spend around $3,500 more," a new study states.
Climate Change Cited For First Time as Threat to U.S. Economy in Report
The report cited several ways in which the issue could impact the economy, including possible loan losses after natural disasters like floods and fires.
Retail Spending Rose in November; Experts Optimistic for Holiday Season
Retail spending increased by 0.3 percent in November, compared to the 1.8 percent rise in October, but experts are still confident in the holiday season.
Congress Must Act to Help Keep the American Dream Alive
Today, more than ever before, too many Americans are doubting the American Dream.
Investing in American Energy
The Biden administration, "woke" banks and activist investors want to make it impossible to invest in traditional American energy.
Voters say COVID Pales in Comparison to the Economy as 2022 Elections Near
Among likely voters, seven times more of them call the economy and inflation, rather than the pandemic, their top issue; for Blacks, the discrepancy is larger.
Fourth Stimulus Check Update: Some Americans Will Be Eligible for $1,400
Payments will be issued after a person files taxes in 2021.