U.S. Economy

Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say

The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the…

‘Preparation overload’: Democrats defend Biden after debate flop as voter support flinches

Democrats are making the rounds on the Sunday media circuit working to reshape perceptions about President Joe Biden after he…

Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks…

IMF says Fed should hold interest rates where they are until ‘at least’ end of year

The Federal Reserve should wait to cut interest rates until “at least” the end of the year, according to the…

Biden Cabinet officials roll out new plans to cut costs of living ahead of Trump debate

President Joe Biden’s Cabinet will wrap up a barnstorming tour Thursday after two weeks on the road, touting the administration’s…

Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President…

Trump previews debate attacks against Biden’s economy days before candidates face off

Former President Donald Trump on Saturday gave a brief glimpse of the ammunition he is loading up against President Joe…

IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration

The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of its prized…

How immigrants are helping keep job growth hot while inflation cools

Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…

Yellen: More Ukraine aid can be backed by frozen Russian assets after initial $50 billion loan

U.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other…