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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.....»»

Category: personnelSource: nytMay 19th, 2021

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.....»»

Category: personnelSource: nytMay 2nd, 2021

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......»»

Category: topSource: foxnewsJan 16th, 2021

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......»»

Category: topSource: marketwatchApr 29th, 2019

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......»»

Category: topSource: marketwatchApr 29th, 2019

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 .....»»

Category: blogSource: benzingaApr 28th, 2024

"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.....»»

Category: blogSource: benzingaApr 23rd, 2024

"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.....»»

Category: smallbizSource: nytApr 11th, 2024

Ron Paul: Fed Inflation Is Propping Up Big Government Spending

Ron Paul: Fed Inflation Is Propping Up Big Government Spending .....»»

Category: worldSource: nytMay 24th, 2021

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.....»»

Category: smallbizSource: nytMay 15th, 2021

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......»»

Category: topSource: marketwatchMay 15th, 2021

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......»»

Category: topSource: washpostMay 12th, 2021

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......»»

Category: topSource: marketwatchMay 10th, 2021

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.....»»

Category: topSource: bizjournalsMay 10th, 2021

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......»»

Category: topSource: marketwatchApr 30th, 2021

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.....»»

Category: topSource: businessinsiderApr 28th, 2021

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......»»

Category: topSource: foxnewsApr 13th, 2021

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.....»»

Category: dealsSource: nytMar 30th, 2021

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.....»»

Category: dealsSource: nytMar 30th, 2021

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.....»»

Category: topSource: marketwatchMar 22nd, 2021