The White House is selling 'Bidenomics.' Is anyone buying?
President Joe Biden's top economic advisers believe the worst effects of inflation are in the rear-view mirror. They are increasingly confident the economy is heading for a soft-landing, averting a recession. And a growing number of economists are beginning to agree.
2023-06-28 17:15
Biden does not expect a recession, says US economy is 'strong'
WASHINGTON President Joe Biden said on Tuesday the United States economy is "strong now" and he does not
2023-06-28 06:23
Inflation hurts. But White House economists find that it's even worse in every other G7 nation
The United States is recovering faster than its peers from the historic bout of inflation squeezing families and souring the mood of the nation, according to a new analysis from White House economists.
2023-06-28 05:25
Judge denies Sam Bankman-Fried's motion to dismiss charges
A federal judge on Tuesday denied efforts by Sam Bankman-Fried, the crypto entrepreneur accused of orchestrating a multibillion-dollar fraud, to have some of his criminal charges thrown out.
2023-06-28 01:27
Americans are feeling far more confident about the economy
Americans are feeling fairly bullish about the United States' economic prospects: A key measurement of consumer confidence just jumped to its highest level since January 2022.
2023-06-27 22:50
U.S. consumer confidence approaches 1-1/2-year high in June
WASHINGTON U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years, but fears of
2023-06-27 22:21
US to spend $42 billion to make internet access universal by 2030
By Jeff Mason and Jarrett Renshaw WASHINGTON The White House on Monday divvied up $42 billion among the
2023-06-27 00:52
Zambian President Hichilema's $6bn debt deal hailed as 'historic'
The country, which defaulted in 2020, has been engaged in protracted talks over its repayments.
2023-06-23 22:25
Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK Nasdaq's eye-popping $10.5 billion bet on the little known financial software company Adenza
2023-06-22 22:48
Biden will kick off reelection bid with union rally in Philadelphia
President Joe Biden kicks off his reelection campaign Saturday at a union rally in his frequent haunt of Pennsylvania, the state that remains an intersection of his personal and political identities that he hopes can propel him to a second term.
2023-06-17 20:15
Analysis-Biden's IRA climate bill won't cut deficit as expected
By Jarrett Renshaw When President Joe Biden signed his signature Inflation Reduction Act last August, he hailed the
2023-06-16 18:23
Analysis-Sweden braces for fallout from property slump
By Simon Johnson, John O'Donnell and Marie Mannes STOCKHOLM/FRANKFURT Sweden's government is ready to step in to stem
2023-06-16 14:16