President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation.
The U.S. economy has successfully achieved a soft landing, with inflation returning to more normal levels while the labor market grows steadily, said Lael Brainard, the director of the White House National Economic Council,
President Biden calls his economic and climate programs "the most significant investment in America since the New Deal." Here's the breakdown.
As Washington prepares for a new administration, a souvenir shop offers discounted Biden and Harris merchandise on Jan. 10. | Stephen Voss for POLITICO President Joe Biden’s bid for historical greatness came to grief in one day: Nov.
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
President Joe Biden delivered his farewell to the U.S. earlier this week as he prepares to leave office after one term placed between two of Donald Trump's.
President Joe Biden looked back at his time in the Oval Office as a period of "hope, progress, and possibility," he said.
Drugs used to treat cancer, diabetes and other chronic conditions are among 15 picked for negotiations that could result in lower prices for patients, the Department of Health and Human Services confirmed Friday.
Economists believe that inflation expectations are a self-fulfilling ... In an environment like this, policymakers at the White House and the Federal Reserve need to do their part to calm ...
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.