A defiant President Joe Biden, in a Thursday press conference at the end of the NATO summit, said that Americans should expect to pay high gasoline prices for “as long as it takes” to get Russia out of Ukraine.
Mortgage rates have reached their highest levels in nearly 15 years, a factor that's contributing to a continued cooling of a housing market that's been white-hot for over two years.
A new bill would extend the Federal Reserve’s mandate to promote “racial and economic justice,” prompting concerns as to whether this would lead to discrimination.
American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.
Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...
CNBC on-air editor Rick Santelli reacted in live time Friday as abysmal new inflation numbers dropped, blasting the Biden administration for its hostile energy policies.
The State Department will announce a Special Representative for Racial Equity and Justice on June 17 in connection with the department’s Equity Action Plan, an email obtained by the Daily Caller reveals.
