Pelosi seeks ambassadorship to Italy if GOP wins House majority in midterms
President Biden has yet to nominate an ambassador to Italy since entering the White House. Republicans are expected to take the majority in the House after the November midterms.
Bank of America again warns of 'recession shock' as Fed doubles down on inflation fight
The U.S. economy is likely headed for a recession as the Federal Reserve raises interest rates at the fastest pace in decades, according to Bank of America strategists.
Biden's energy secretary says she supports California gas vehicle ban
Energy Secretary Jennifer Granholm offered her support for California's ban on gas-powered vehicles after 2034, adding that the state was "leaning in."
Solid August jobs report leaves another jumbo Fed rate hike on the table in September
U.S. employers added 315,000 jobs in August, opening the door to another super-sized interest rate hike when Fed policymakers meet at the end of September.
College grad unemployment hits pre-pandemic level as Biden sells loan forgiveness as COVID emergency
The unemployment rate for college graduates fell to a pre-pandemic level at the same time President Biden is citing the COVID-19 pandemic as reason to forgive student loan debt.
G7 Russian oil price cap one of 'most powerful' tools to fight inflation, Yellen says
Treasury Secretary Janet Yellen said Friday that the G7's new plan to cap the price of Russian oil will serve as a "powerful tool" to fight inflation.
Biden officials pressured Facebook, Twitter to censor 'misinformation': state AGs
President Biden's administration allegedly coordinated with social media giants to suppress posts about COVID-19 that they deemed misinformation.
Democrats’ phony victory lap at the pump leaves gas prices punishingly high
Democrats don't deserve their victory lap at the pump because their failed energy policies have kept gas prices 60% higher than when Biden took office.
Biden admin. is ‘purposefully’ trying to ‘deceive’ Americans: Florida AG Ashley Moody
Florida Attorney General Ashley Moody discusses her lawsuit against the Department of Homeland Security regarding America's heightening border crisis.
Fed Chair Powell says inflation fight could create heavy burden for Americans
Federal Reserve Chair Jerome Powell spoke at the Jackson Hole conference last week, saying that Americans will likely feel the financial burden as the Fed doubles down on decreasing inflation.
US job growth moderates in August with 315,000 added while unemployment edges higher
The Labor Department's August jobs report provided a key snapshot of the labor market's health amid growing fears that the U.S. is headed for a recession.
Non-woke dating site, backed by Peter Thiel, launching soon
The Right Stuff, a dating site for conservatives founded by former Trump officials and backed by billionaire Peter Thiel, is set to launch this month.
August jobs report likely to show hiring remained healthy, but gains could slow in coming months
The U.S. economy likely added 300,000 jobs in August, a solid figure that could raise the odds of another super-sized Federal Reserve rate hike later this month.
Nissan looks to make $7,500 electric vehicle tax credit more available to customers
Nissan said it will more aggressively push electric vehicles to take advantage of the Inflation Reduction Act that gives up to $7,500 in tax credits.
Biden administration announces student loan income-driven repayment plan changes
In addition to canceling $10,000 in student loans for eligible federal borrowers, the Biden administration also proposed new changes to other loan forgiveness programs.
Biden's making US a 'welfare state' by trying to protect everyone from losses: Art Laffer
Economist Art Laffer likened Biden's economic plans to the welfare state as the US tries to protect everyone from losses, ultimately, as he warns, guaranteeing no profits.
Donald Trump and the Justice Department are attacking each other with ‘hammer and tongs': Former DOJ attorney
Former DOJ attorney John Yoo discusses Donald Trump's ongoing legal battle with the Department of Justice over the FBI's raid of his Mar-a-lago estate.
Fed rate hikes won't stop inflation if government spending stays high, paper says
Federal Reserve interest rate hikes will not successfully cool inflation unless the federal government also slows fiscal spending, a new paper suggests.
States tap historic surpluses for tax cuts and rebates
This year, 31 states have enacted some form of tax cut or rebate. Missouri and Idaho are likely to increase this number aiming to relieve constituents of high inflation.
Fed's Mester sees interest rates topping 4% this year, no rate cuts in 2023
Federal Reserve Bank of Cleveland President Loretta Mester said on Wednesday that policymakers need to raise interest rates into restrictive territory to cool inflation.



















