President Joe Biden announced Monday that he's nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell's stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize the job market.
In just about a month's time, the United States could be unable to pay its bills, according to a new warning from Treasury Secretary Janet Yellen.
Thanksgiving is one week away and the holidays just might be spoiled due to rising costs and supply chain issues.
Rising costs of labor, transportation, and grain are hitting many meat companies hard, and that will hit Americans hard at the grocery store.
Inflation is putting tremendous stress on the pocketbooks of Americans and is becoming a political headache for President Biden. Now top economists see no end in sight.
A very controversial Biden nominee wants to bankrupt oil and gas companies. And her comments, when combined with a recent revelation by climate czar John Kerry, appear to spell doom for America's energy sector.
Meta, the newly named parent company of the social media giant Facebook, announced Tuesday that early next year, it will no longer allow its advertisers to target ads on topics related to politics or other sensitive issues, including religion.
New numbers indicate the job market is bouncing back as demand for workers grows and COVID cases decrease.
Port experts say President Joe Biden's mandate to open the LA-Long Beach port complex 24/7 won't fix the backlog issue unless the entire distribution chain follows suit.
"What I see are shell games, budget gimmicks that make the real cost of the so-called $1.75 trillion bill estimated to be almost twice that amount. This is a recipe for economic crisis," Manchin said.