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UK inflation jumped 1.5% in April as the economy reopened and Brits boosted their spending
Higher energy and clothing prices caused UK inflation to rise considerably as the government loosened economic restrictions in April. The UK government loosened coronavirus res.....»»
Treasury Secretary Janet Yellen says Americans can expect a "big return" from Biden"s $4.1 trillion spending proposal
The proposals are unlikely to fuel a dangerous surge of inflation, but if they do, the government has the tools to address it, Yellen said. Treasury secretary Janet Yellen pushed for stimulus checks Andrew Harnik/AP President Biden's s.....»»
Biden"s trillion-dollar spending may restore inflation missing since "08 crisis
President Elect Joe Biden’s promise to spend trillions could bring back a healthy level of inflation lacking since the 2008 financial crisis......»»
Economic Report: Consumer spending jump in March points to strong second quarter, while core inflation keeps Fed at bay
Consumer spending rose 0.9% in March while core inflation moderated to a 1.6% annual rate, the government said Monday......»»
Economic Report: Consumer spending jumps in March while core inflation moderates
Consumer spending rose 0.9% in March while core inflation moderated to a 1.6% annual rate, the government said Monday......»»
Everything From Biden"s Capital Gains Tax Proposal, Fed"s Inflation Indicator To US Economy Growth And Goldman Sachs" Inflation Decline Prediction: Top Economic Updates This Week
This week's top stories include former Senator Heidi Heitkamp's .....»»
"We"re Buying This Soft Landing": Former Fed Governor Blames Government Spending For Delaying Rate Cuts
Robert Kaplan critiques U.S. fiscal policies, stating they hinder Fed's ability to cut rates amidst inflation. Risk of high rates and debt. read more.....»»
"Big Short" investor Michael Burry warned inflation would spike again. Prices just jumped.
"The Big Short" investor Michael Burry predicted an inflation resurgence fueled by interest-rate cuts and government spending. Mic.....»»
Ron Paul: Fed Inflation Is Propping Up Big Government Spending
Ron Paul: Fed Inflation Is Propping Up Big Government Spending .....»»
Bidenomics has been hit with a weak jobs report, gas shortages, and inflation fears. The White House says it isn"t getting knocked off course.
The Biden administration is pushing ahead with $4 trillion in spending to overhaul the economy. But tough headlines in May are challenging that. President Joe Biden. T.J. Ki.....»»
Economic Preview: The U.S. economy has suffered a few missteps. Just how bad is it?
A slowdown in hiring, soaring inflation and lackluster retail spending --- what the heck is going on in the U.S. economy? Here's what you should worry about......»»
Economic tremors hit White House at crucial moment for Biden policy agenda
The Biden administration and Federal Reserve have waved off fears of out-of-control inflation, saying that bumps in prices will be temporary and won’t pulse through the whole economy......»»
Capitol Report: ‘Our economic plan is working,’ Biden says ahead of talks with Republicans on spending
President Joe Biden on Monday afternoon makes a speech on the U.S. economy, with the remarks coming before meetings with lawmakers on Wednesday and Thursday about his plans for big spending on infrastructure and social programs......»»
Opinion: Cities need bold federal action to support recovery
In moments of national crisis like the pandemic, history demands the federal government act boldly — not only to overcome the crisis but to build long-term opportunity and economic investment in our community. Out of the Great Depression, P.....»»
Economic Report: Consumer spending soars in March after Americans get $1,400 stimulus checks
Consumers splurged on new cars, recreational goods and takeout food in March after most Americans received $1,400 government stimulus checks, giving a big shot in the arm to an economy still recovering from the coronavirus pandemic......»»
The 4 major takeaways from Biden"s $1.8 trillion economic spending package
It aims to flood federal money into childcare and education to make the lives of families easier. It would also extend mo.....»»
Biden spending spree to unleash inflation, big-money managers worry
Big-money managers worry President Biden’s ambitious spending plans could derail the momentum seen in markets and the economy, according to a new Bank of America survey......»»
Biden"s stimulus looks bigger than the New Deal, economics professor says
"We've never done this," professor Leonard Burman said of Biden's spending, saying that FDR's New Deal spending was "way too small" for that crisis. FDR in the White House in 1933; Biden signing the American Rescue Plan in 2021. AP Photo; A.....»»
US stocks dip as yields rise on Biden"s spending plan and pace of economic recovery
US stocks were slightly lower on Tuesday, and the yield on the 10-year Treasury rose to a 14-month high. REUTERS/Brendan McDermid US stocks dipped on Tuesday as the yield on the 10-year Treasury rose to a 14-month high.In.....»»
Biden team preparing to recommend up to $3 trillion in new spending for economy: report
President Joe Biden's economic team is preparing to recommend spending as much as $3 trillion on a set of efforts to boost the economy, reduce carbon emissions and narrow economic in.....»»