U.S. Economy

Blinken announces $1 billion Ukraine aid package during surprise visit

WASHINGTON — U.S. Secretary of State Antony Blinken announced a new aid package for Ukraine worth more than $1 billion during a…

Turkey’s Erdogan says Black Sea grain deal can be revived soon following talks with Putin

WASHINGTON — Turkish President Recep Tayyip Erdogan said following a meeting with Russian President Vladimir Putin on Monday that a resolution to…

Congress returns with the clock ticking to avert government shutdown, fund U.S. disaster response

A deeply divided Congress returned Tuesday from a monthlong summer vacation with the clock ticking to pass spending legislation to…

Judge withdraws from Medicare drug price case after stock ownership is revealed

A federal judge on Friday withdrew from a case that could block Medicare from negotiating over drug prices, just hours…

Russia’s Putin says he will soon meet with China President Xi as war in Ukraine drags on

WASHINGTON — Russian President Vladimir Putin said Friday that he will soon meet with Chinese President Xi Jinping as the Kremlin’s war…

Heading into Labor Day weekend, Biden celebrates new job growth

WASHINGTON — President Joe Biden lauded new jobs data out Friday that showed robust growth in the past month. “As…

6 things to know about the job market right now: It’s ‘near-perfect,’ economist says

Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists.…

‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation

The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…

FEMA is down to its last $3.4 billion as Maui wildfires, Hurricane Idalia slam U.S.

The Federal Emergency Management Agency is running low on money to respond to natural disasters as the U.S. faces billions…

Biden says he’s ‘forever grateful’ to forces in Afghanistan on two-year anniversary of exit

WASHINGTON — The Biden administration acknowledged on Thursday the two-year anniversary of Afghanistan’s fall to the Taliban, a somber milestone following a…