President Joe Biden has long struggled to neatly summarize his sprawling economic vision. It’s been hard for voters to digest the mix of infrastructure spending, tax hikes on companies, tax credits for parents, tax breaks for renewable energy, grants to
"Everything happening with the economy intersects," Coval says. "We have the loan payment suspension, but thinking about longer term impacts on higher education and students' ability to be employed and pay back loans, it creates a sense of urgency for them." As of pub...
On Aug. 29, the Biden administration announced the first 10 prescription drugs subject to the first-ever Medicare price negotiations. In a press release, the administration said, "For far too long, Americans have paid more for prescription drugs than any major economy. But now, thanks to ...
It’s unclear how the January transition from the Biden administration to another Trump presidency will affect the agencies’ decision-making. Goodin said it will likely have some effect, but the specifics remain to be seen. She noted removing the Snake River dams — when combined ...
economy may avoid a recession in the near term. However, deglobalization, peak energy productivity and a tight labor market will add up to higher inflation and higher interest rates. In addition, investors should stay up to speed on retirement withdrawal rules or hire a financial advisor who ...
Biden’s fight with Trump and the Republicans over all of our bottom lines acknowledges two truths: Not only has decades of trickle-down economics failed us, but a growing economy needs a financially healthy middle class. To achieve that security, most of us need a helping hand, whether thro...
Given the polarized nature of our current politics, all future presidents — not just Biden — will likely suffer lower approval ratings “absent a really good economy,” said Karlyn Bowman, a senior fellow at the American Enterprise Institute. Without that, Bowman told me, “it’s hard to ...
As voters headed to the polls on Super Tuesday, many voted with one issue top of mind: the state of the U.S. economy. A recent CBS News poll found that 65% of Americans remember the economy under former President Donald Trump as being good, compared with 38% giving the current ...
U.S. President Joe Biden on Monday met with several heads of major oil companies at the White House in a bid to discuss ways to cooperate against the backdrop of high oil prices. So far, no significant solutions have come from the meetings. ...
This constant tug of supply and demand allows a market economy a tendency to naturally balance itself. As the prices in one sector rise with demand, the money and labor needed to fill that demand shift to those places where they're needed. ...