Tag: United States Economy
Senate Advances Expansive Industrial Policy Bill to Counter China
WASHINGTON — The Senate on Tuesday moved toward passing an expansive industrial policy bill to counter China’s technological…
Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next
Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they…
Solving the Housing Crisis Means Building When No One Is Buying
Last year, Freddie Mac estimated the nation’s housing supply deficit at 3.8 million units, up from 2.5 million…
Biden’s New Economic Scorecard: The Price at the Pump
WASHINGTON — After topping $5 a gallon in June, the price of gasoline has fallen for more than…
What Is the Yield Curve? Wall Street’s Recession Alarm Is Ringing.
Wall Street’s most-talked-about recession indicator is sounding its loudest alarm in two decades, intensifying concerns among investors that…
Delay as the New Denial: The Latest Republican Tactic to Block Climate Action
WASHINGTON — One hundred million Americans from Arizona to Boston are under heat emergency warnings, and the drought…
How Joe Manchin Left a Global Tax Deal in Limbo
WASHINGTON — In June, months after reluctantly signing on to a global tax agreement brokered by the United…
Global Central Banks Ramp Up Inflation Fight
Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and…
Economy Is at Risk of Recession by a Force Hiding in Plain Sight
This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of…
Voters See a Bad Economy, Even if They’re Doing OK
The fastest inflation in four decades has Americans feeling dour about the economy, even as their own finances…
Democrats Face Deepening Peril as Republicans Seize on Inflation Fears
WASHINGTON — Triple-digit gasoline bills. Bulging hamburger prices. A Fourth of July holiday that broke the bank.Prices are…
Inflation Soared in June, Pinching Consumers and Challenging Policymakers
Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a…