U.S. Economy

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…

Food insecurity from Russia’s war in Ukraine has triggered instability in vulnerable countries, spy agency says

WASHINGTON — America’s top spy agency says Russia’s war in Ukraine has disrupted global food security and triggered not only higher prices…

Covid fraud: Street gang in Milwaukee allegedly stole millions to pay for murder, guns and drugs

A street gang in Milwaukee allegedly stole millions of dollars in Covid-19 pandemic relief money that was then used to…

Former White House economic advisor says more Fed hiking is coming

WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again…

Kamala Harris touts strength of labor unions to build the middle class

WASHINGTON — Unions boost pay 10% to 15% for members and improve fringe benefits, bolstering the middle class and economy,…