Joe Biden’s Treasury Department wants COVID-19 funding back from Arizona because the state is sending money to districts that don’t have mask mandates — and the state’s Republican governor is taking them to court over it.
The Jan. 6 committee admitted that it changed a text message between former White House chief of staff Mark Meadows and Rep. Jim Jordan, excluding relevant context about how they wanted then-Vice President Mike Pence to handle electoral votes.
U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.
The chief economic adviser for financial services firm Allianz warned that the new coronavirus variant Omicron could shake up the markets, exacerbate supply chain woes, amplify record-high inflation pressures — and possibly result in 1970s-style “stagflation.”
Three quarters of individuals in a recent poll believe that the nation will likely face an economic recession during the next 12 months, The Hill reported, citing a Hill-HarrisX survey which found that 33% view a recession as "very likely," while 42% think that a recession is "somewhat likely."