Browsing Tag
Economy
13 posts
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 Weighing Decision On Gas Tax Holiday And Student Loans
Biden said a decision could come as soon as the end of the week before he departs overseas for another foreign trip.
Biden Says He Only Knew About Baby Formula Shortage In April But Manufacturers Knew It Would Be ‘Problematic’
Biden's comments are raising questions about who at the White House knew of the shortage before the President.
Biden Says Inflation Is A ‘Top Priority’ After Meeting With Fed Chair Powell
The news comes with Americans facing rising prices and Democrats dealing with deep voter dissatisfaction.
Biden Vows To Fight Inflation, Blasts GOP For Lack Of A Plan
Biden outlined his efforts to fight rising prices but offered no timeline for when inflation would subside.
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 Administration Planning To Release 1 Million Barrels Of Oil From Strategic Reserves
The announcement could come as early as Thursday afternoon with Biden scheduled to deliver remarks at the White House on his administration's efforts to lower gas prices.
Biden: ‘No Question’ Delta Variant Is To Blame For Weak August Jobs Report
Biden called out Americans who have still not gotten vaccinated amid the lower than expected August jobs report.
Biden Touts Economic Recovery But Expresses Concern Over Delta Variant
The U.S. added 943,000 jobs in the month of July and the unemployment rate fell to 5.4% but the President warned there is still much to be done to combat the Delta variant.
Biden Says High Prices Are ‘Temporary’ As He Touts Economic Growth
Biden addressed concerns head-on about rising prices in gas, food, and other key areas but said it is only temporary.