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Growth-Plus-Inflation Economy Is a ‘Lose-Lose’ for Biden
The latest good news and bad news about the US economy is just plain bad news for Joe Biden. Given time to digest Thursday’s GDP report, most economists looked past the weak headline number and ... Read More
LARRY KUDLOW: Biden's plan to fix the economy is to spend more, tax more and regulate more
Meanwhile, Biden has increased regulatory costs by $1.4 trillion, which is strangling small business, and, by the way, is killing electricity and other sources of power necessary to underpin economic ... Read More
Stanley Druckenmiller gives Biden's economic policies an ‘F', blames the Fed for reigniting inflation
Billionaire investors Stanley Druckenmiller blasted fiscal and monetary authorities, including Treasury Secretary Janet Yellen and Fed Chair Jerome Powell for causing high inflation. "Bidenomics, If I ... Read More
Bad news for Biden (and all Americans): Inflation is creeping higher at the worst time
But, if you’re President Joe Biden, now is a particularly bad time for inflation to reaccelerate. Just as he was starting to get better marks on the economy after months of negative feedback ... Read More
Biden has a story to tell about the economy. Inflation gets in the way.
President Biden has a story he wants to tell voters about the economy, one of consistent job growth over the course of his presidency and of a pandemic recovery that has led the world. Inflation ... Read More
Biden says inflation is top domestic priority, but Fed admits lack of progress
He indicated that the Fed is unlikely to shift its interest rates until the inflation rate shrinks further. "More recent data shows solid growth ... think Biden is "good for the U.S. economy ... Read More
Trump could drive inflation higher with his second-term economic agenda, analysts say
Donald Trump's second-term economic agenda includes aggressive tariff hikes, tax cuts and cheap money policy, all of which analysts say could threaten to reheat inflation. Trump has flat-out dismissed ... Read More
It's the inflation, stupid: Why a 'vibecession' is hurting Biden - despite an economy which is the envy of Europe
The United States is forecast to have more economic growth than pretty much every other major economy. But Joe Biden's administration ... seen a lower peak in inflation than most European nations ... Read More
Will Historic Job Growth Bring an End to the “Vibecession”?
Growth in employment and G.D.P. has been much stronger than expected, and the inflation rate has come down faster than predicted. Yet President Biden ... “Index of Economic News Sentiment ... Read More
Economic growth down, inflation up. Is stagflation coming?
The Bureau of Economic Analysis just announced that real GDP growth for the first quarter of this year slowed to 1.6% ... Read More
IMF warns of ongoing inflation risk to global economy
"Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation ... the week, plus CEO interviews, market updates, tech and money news that matters ... Read More
This week: economic growth, unemployment, inflation update
Consumers are still spending, which is a key driver for economic growth, but they're facing persistent pressure from high borrowing rates and inflation. GDP, seasonally adjusted annual rate ... Read More
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