The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to legislation passed by Joe Biden and Democrats. The new para-government
President Donald Trump on Wednesday blasted Federal Reserve Chair Jerome Powell and the U.S. central bank on Truth Social, saying their failures created with Inflation and that they have done a “terrible job on Bank Regulation.
Jared Bernstein, the outgoing chair of the Council of Economic Advisers, says that Donald Trump is inheriting a strong economy, but with less freedom to maneuver than he had during his first term.
Joe Biden leaves the presidency with what appears to be a sterling ... Inflation peaked above 9% in June 2022 and has stayed above the Federal Reserve's 2% target every month since March 2021. As the prices of various goods and services increased and ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has struggled from high upfront costs and faces an uncertain future amid the US president’s tariffs threats and restrictions to solar and wind development.
President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.
Within hours after taking the oath of office, President Donald Trump issued an executive order ending telework for federal employees and requiring workers to return to their offices five days a week,
On Monday, Joe Biden ... to the federal government, and restored America’s world leadership – all major achievements. He did more than that. With assistance from Federal Reserve Chair Jerome ...
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve ...