Biden administration Treasury Secretary Janet Yellen – who repeatedly claimed last year that inflation was “transitory” – says that there are no signs that the United States economy is in a recession. “Look, the economy is slowing down. Last year it grew very rapidly at about 5.5%, and that succeeded in putting people back to
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On Friday, White House Press Secretary Karine Jean-Pierre refused to discuss the decision by Sen. Joe Manchin (D-WV) to halt the passage of a slightly reduced version of President Biden’s massive social
Inflation at the wholesale level continued to worsen in June as producer prices soared a near-record amount from a year ago, according to a new report from the Bureau of Labor Statistics.
The economies of red states – those that lean Republican – have recovered more quickly from the pandemic than blue states, according to a new report. The Wall Street Journal analyzed federal
During a speech this week, President Biden admitted that the United States appears to be heading in the wrong direction under his watch, but he still attempted to argue that the economy
