United States Economy – Page 347

As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope

Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.

By Jeanna Smialek

Democratic Party Federal Budget (US) House of Representatives National Debt (US) Republican Party United States Economy United States Politics and Government

Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game

As the Treasury Department begins taking steps to avoid hitting the debt limit, Republicans and Democrats are positioning themselves politically for a drawn-out fight.

By Carl Hulse

Company Reports Prices (Fares, Fees and Rates) Procter & Gamble Co Shopping and Retail United States Economy

Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers

The consumer goods giant raised prices 10 percent last quarter, but a decline in sales volume led to drops in revenue and profit.

By Isabella Simonetti

Federal Budget (US) House of Representatives National Debt (US) Republican Party Stimulus (Economic) Stocks and Bonds Tax Cuts and Jobs Act (2017) Treasury Department United States Economy United States Politics and Government

America Set to Hit Its Borrowing Limit Today, Raising Economic Fears

The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.

By Jim Tankersley and Alan Rappeport