Inflation expected to drag on Democrats until midterms, experts say as it hits 8.3% in April
April inflation numbers show prices much higher than a year ago.
Biden's inflation blame game leans on shifting scapegoats
Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.
Will small businesses get omicron COVID relief money in 2022? Not without a partisan fight
When Congress comes back in January, the death of the "Build Back Better" bill might create an opening for legislators to address COVID relief for small businesses.
Texas will be 'the home for semiconductor manufacturing': Gov. Abbott
Texas Gov. Greg Abbott discusses the impact of companies moving their headquarters to the state, the rise of the omicron variant and the migrant surge.
Democrats keep pushing policies that make it easy for inflation to catch fire
On Nov. 10, government statistics confirmed what most people already knew from their daily lives: prices are rising.
Biden's tax breaks for local media an effort to turn them into 'versions of leftist NPR or PBS,' critic says
President Joe Biden is proposing to give a major tax break to local media outlets as part of the $1.85 trillion reconciliation being considered by Congress.
House Dems defend plan to give work permits to millions of illegal immigrants, claim it’s ‘not amnesty’
House Democrats are defending the sweeping immigration provisions in the Build Back Better Act, while claiming that the plan to grant work permits and protection from deportation for millions of illegal immigrants is "not amnesty."
Conservative org blasts Biden admin's claim that it's 'unfair and absurd' to raise prices due to higher taxes
A conservative advocacy group is launching a new ad blasting the Biden administration’s "Bidenomics" approach to economic policy.
Psaki claims spending bill costs nothing for people earning less than $400K
White House press secretary Jen Psaki claimed Monday that President Biden's Build Back Better agenda will cost nothing for Americans who make less than $400,000.
Pete Buttigieg clarifies plan for 'two separate' infrastructure packages
Transportation Secretary Pete Buttigieg gives an update on infrastructure negotiations and discusses Democrats' plan for a larger spending bill
Ohio prepared to ‘compete’ for business investment, jobs as it slashes tax rates
Ohio is ready to reap the economic benefits of a tax reform strategy 15 years in the making – the state is just one of a handful to announce rate reductions as its economy recovers from the coronavirus pandemic.
Arizona begins switch to flat income tax: What residents will save
Arizona Gov. Doug Ducey signed a budget this week that includes a gradual transition to a flat tax structure in the state.
Biden: ‘I’m a capitalist, but here’s the deal’
President Biden reminded the audience while delivering remarks on the economy that he is a “capitalist,” but believes that executive wages have soared far too high above those of the working class.
US energy chief has ties to wind project greenlighted by Biden administration
Richard Glick, President Biden’s choice to lead the Federal Energy Regulatory Commission, previously worked for a company that has ties to an energy project recently greenlighted by the federal government.
White House defends economic plan and progress
The Biden administration on Tuesday defended its economic plan following a weak April employment report and a fragile recovery.
Paycheck Protection Program runs out of money, closing to most new applicants
The Paycheck Protection Program, a vital lifeline that helped keep small businesses afloat during the coronavirus pandemic, exhausted its funding on Tuesday.
Gig economy worker misclassification a ‘pervasive issue,’ Department of Labor says
The U.S. Department of Labor, led by Secretary Marty Walsh, supports strengthening worker protections – and potentially also efforts to classify gig economy workers as full-time employees.
Larry Kudlow: The best welfare is a good-paying job, but Biden's plan will 'sink the economy'
Fox Business' Larry Kudlow slammed President Biden on ‘Kudlow' Wednesday, saying it will ‘sink the economy’ and ‘curtail real wages’
Larry Kudlow: Joe Biden’s 'assault on investment' will 'greatly damage the middle class,' stifle economic boom
"Kudlow" host Larry Kudlow slammed President Biden’s proposed capital gains tax hike Monday calling the move an "assault on the blue-collar middle-class wages."
Biden to propose capital gains tax increase for Americans earning over $1M
President Biden plans to raise capital gains taxes for Americans earning more than $1 million, his top economic adviser said on Monday.