Prices

President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.

Pelosi and Biden march swing-district House Members to the end of their careers.

This year’s Thanksgiving dinner will be the most expensive on record.

Democrats persuade a slim majority to approve the centerpiece of President Biden’s economic agenda, though the bill now faces an evenly divided Senate.

President Biden’s approval rating keeps on dropping, and the news is no better for congressional Democrats.

Inflation outstripped forecasts and surged above 4 per cent last month to hit its highest level in almost a decade as spiralling energy prices pushed up the cost of living.

White House Press Secretary Jen Psaki on Monday claimed we are not in the middle of an economic crisis right now.

Climb in the haven asset accompanies other signs that investors are starting to seek more protection from rising consumer prices and interest rates.

President Joe Biden said on Wednesday that most Americans cannot understand the problems faced by the United States' supply chains, adding that 'not a lot of people' have a clear grasp of the networks and their implications.

Biden says taming inflation is ‘top priority’ as soaring energy costs help drive 6.2% increase.