U.S. Economy

The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown

A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you…

Florida Sen. Rick Scott expects Congress will avoid government shutdown

WASHINGTON — Sen. Rick Scott, a Florida Republican, on Wednesday said he expects Congress will reach a deal to avoid…

White House no longer sending top officials to Detroit for UAW strike talks this week

The Biden administration is no longer sending two key officials to Detroit this week to potentially help broker a deal…

U.S. national debt hits $33 trillion for the first time

WASHINGTON — The national debt of the U.S. reached a historic milestone by passing $33 trillion for the first time,…

House GOP pulls key vote to advance stopgap government funding bill

The House of Representatives canceled a scheduled key procedural vote Tuesday on a temporary government funding bill hashed out by…

Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy

WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…

House Oversight Committee to hold first Biden impeachment inquiry hearing next week

The House Oversight Committee will hold the first hearing on the impeachment inquiry into President Joe Biden on Sept. 28,…

Yellen’s UN week agenda: Food prices, climate change and global aid

WASHINGTON — Treasury Secretary Janet Yellen outlined an ambitious agenda on Monday to address key factors of the global economic…

UAW president downplays White House involvement in strike talks

United Auto Workers President Shawn Fain on Monday said the White House will have no role in brokering an agreement…

Sen. Bernie Sanders calls out automaker CEOs at UAW strike rally: ‘It is time for you to end your greed’

Sen. Bernie Sanders addressed striking autoworkers in Detroit on Friday, calling on working people across the U.S. to stand in…