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Economy
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Inflation Rose To 9.1 Percent In June, Highest In 40 Years
Reasons for the high inflation rates are due to high gasoline prices, which were up nearly 60% over the year despite falling recently.
Biden Touts March Jobs Report: “Americans Are Getting Back To Work”
The jobs report for March saw 431,000 jobs added and the unemployment rate dropped to 3.6%, a low for the pandemic era.
Biden Touts Stronger Than Expected Jobs Report Despite Omicron Surge
The jobs report noted 467,000 were added in January, which is far more than the 150,000 jobs that economists' originally predicted.
Biden Renominates Jerome Powell As Fed Chair
Powell has received criticism from both progressive Democrats and Republicans, who say he is not doing enough to keep inflation in check.