Economy

Inflation Report Raises A Startling Possibility: Washington Got COVID Right

While only one month, continued slowing of inflation may mean one of the last aftereffects of the pandemic is fading.
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Cooler Hiring In June Could Help The Fed Achieve An Elusive 'Soft Landing' For US Economy

But it could be harder to cool inflation.
By Christopher Rugaber, AP

Biden Has Trump Beat When It Comes To The U.S. Economy. So Why Isn’t He Getting Credit?

By the numbers, the economy has fully recovered from the coronavirus pandemic, with one big exception.
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In Speech On Bidenomics, Biden Tries To Turn The Page On Reagan (And Every President Since)

Biden has for months been telegraphing a major shift in economic policy, and on Wednesday, made the case for a new way of thinking.
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Joe Biden Touts ‘Bidenomics’ To Reverse The Narrative On The Economy

In Chicago, the president says the economy is getting past pandemic woes — even as polls show continued worry.
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Federal Reserve Is Likely To Leave Rates Alone — For Now

The Federal Reserve is poised to allow time to gauge the impact of its aggressive drive to tame inflation.
By Christopher Rugaber, AP

Opinion: The 2011 Sequel Of A Disastrous Debt Crisis Looms — And Republicans Couldn’t Be Happier Inside

If the U.S. defaults on debt, we could see a rise in mortgage rates, credit card interest and loans. So why don't Republicans seem concerned?
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What To Do (And Not Do) With Your Money Amid The Debt Ceiling Crisis

What happens if the U.S. defaults on its debt? Here's what experts say — and what you can do to be prepared.
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U.S. Adds A Strong 253,000 Jobs Despite Fed's Rate Hikes

The unemployment rate ticked down to 3.4%, matching a 54-year low.
By Paul Wiseman, AP

This Is What Could Happen If Republicans Won’t Increase The Debt Ceiling

Spiking interest rates, market crashes and a deep recession would all be likely, economists say.
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