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  • Jim Tankersley

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Latest Jobs Data Hints at a Slowdown That President Biden Needs

Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.

Top Economist Leaves White House, and an Economy Not Yet ‘Normal’

Cecilia Rouse says lingering effects of the coronavirus pandemic continue to haunt the recovery from recession — and drag on Americans’ optimism for the economy.

Biden Calls for Regulators to Increase Oversight of Certain Banks

The proposals, which would not require congressional approval, are a response to Silicon Valley Bank’s failure earlier this month, which sent shocks through the financial…

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind…

Fed Meeting Holds High Stakes for Biden

The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.

Biden Warns That Climate Change Could Upend Federal Spending Programs

A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures, and the government’s…

Biden Asks Congress for New Tools to Target Executives of Failed Banks

The request is a response to the federal rescue of Silicon Valley Bank and Signature Bank, and it seeks to impose new fines and other…

Biden Asks Congress for New Tools to Target Executives of Failed Banks

The request is a response to the federal rescue of Silicon Valley Bank and Signature Bank, and it seeks to impose new fines and other…

Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue

Federal government officials wanted a joint statement to include a reference to regulatory shortcomings that they believe helped lead to the bank’s demise.

In Budget Talks, Biden Rejects Hard Choices of the Past

The president has met Republican demands for debt reduction with a plan to trim deficits by taxing companies and the rich.