Economy

Biden Can’t Blame Trump Anymore

In the early days of any administration, there is a tendency for new presidents to blame their predecessors for problems they claim to have inherited — and there is a window during which the public is willing to accept such arguments. But for President Biden, the window on blaming Donald Trump has now closed. As Americans process the tragic news of double-digit deaths of U.S. service members in twin terrorist attacks in the midst of a botched withdrawal from Afghanistan, it will be hard for Biden to dodge responsibility.

U.S. jobless claims rise by 4,000 to 353,000

The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.

Biden’s credibility crisis spreads far past Afghanistan

President Joe Biden hopes people will soon forget the unfolding disaster he created in Afghanistan so he can turn back to issues such as COVID, the economy, and climate change. But he and his White House don't realize just how damaging Afghanistan has been to the president’s credibility, undermining his ability to govern on every other issue.

Deep Blue States Continue to Hold the US Economy Down

Monday’s unemployment numbers show blue states are the leaders in the nation’s unemployment.

What is really going on between Beijing and Washington in the South China Sea?

In today's polarised world, the situation in this hugely significant region of the Pacific is frequently portrayed as either Chinese expansionism or American imperialism. As ever, the truth of the matter is much more complicated.

Afghanistan economy on the brink

A developing economic crisis in Afghanistan is adding a fresh layer of turmoil in the country. Why it matters: “he value of the Afghan currency could...

BlackRock Wants Investors to Increase China Exposure, Should You Follow?

BlackRock, the world’s largest investment manager with more than $9 trillion in assets under management, recently made a very contrarian call.

China Admits Taliban Ties Aimed at Getting Afghanistan’s $3 Trillion in Rare Earths

In the course of hectoring the United States for its “bungled and embarrassing withdraw from Afghanistan” on Thursday, China’s state-run Global Times admitted Beijing has a rapacious interest in Afghanistan’s vast rare-earths mineral resources and snarled it was none of America’s business if China makes deals with the Taliban to get what it wants.

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

Biden’s approval has dropped to 46%

Americans increasingly believe the country is off on the wrong track. Meanwhile, Biden’s approval has dropped to 46%.

Latest news

- Advertisement -spot_img