Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
Category: Presidential Election of 2024
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Federal Money Is All Over Milwaukee. Biden Hopes Voters Will Notice.
White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws.
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How the High Cost of Borrowing May Skew the Presidential Race
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.
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Biden Delays Ban on Menthol Cigarettes
The proposal had been years in the making, in an effort to curb death rates of Black smokers targeted by Big Tobacco. In an election year, the president’s worries about support among Black voters may have influenced the postponement.
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Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.
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The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company for The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.
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High Borrowing Costs Have Some Democrats Urging Biden to Pressure the Fed
Polls show voters are angry about costs, like mortgages, and worried they will stay high if the president wins re-election.
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Melania Trump Reappears in the Public Eye, in Black
At the Log Cabin Republicans’ fund-raiser, the former first lady stepped into the campaign spotlight, just as her husband’s hush-money trial begins.
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Biden to Call for Tripling Tariffs on Chinese Steel Products
In a speech to union steelworkers in Pittsburgh, the president will announce several new measures meant to raise new barriers against floods of Chinese imports.
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Markets Brace for Israel’s Next Move
Global equities and oil prices were stable following Iran’s missile and drone attack on Israel, but analysts warn that the calm may not last.
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Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
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News Outlets Urge Trump and Biden to Commit to Presidential Debates
In an unusual statement, the news organizations said “there is simply no substitute” for a face-to-face debate, a campaign staple since 1976.