United States Economy – Page 326

Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP

The president’s plans have little in common with the budget Republicans are set to release this spring, as the nation hurtles toward a possible default on its debt.

By Jim Tankersley

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates National Debt (US) Powell, Jerome H United States Economy Warren, Elizabeth

Here’s What the Fed Chair Said This Week, and Why It Matters

Jerome H. Powell, the Fed chair, opened the door to a more aggressive policy path — but emphasized that it depended on incoming data.

By Jeanna Smialek

Hiring and Promotion Labor and Jobs Labor Department (US) Layoffs and Job Reductions Recession and Depression United States Economy

Job Openings Fell Slightly in January; Layoffs Rose

The monthly data points to a cooling in the frenetic pace of hiring even as the labor market remains strong.

By Sydney Ember

Biden, Joseph R Jr Committee for a Responsible Federal Budget Congressional Budget Office Federal Budget (US) Health Insurance and Managed Care Inflation Reduction Act of 2022 National Debt (US) United States Economy United States Politics and Government

Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits

The president’s proposals, included in the budget he will release on Thursday, are expected to heavily feature tax increases on corporations and high earners.

By Jim Tankersley