Biden defends economic record amid growing stagnation fears

Biden defends economic record amid growing stagnation fears

WASHINGTON — Friday saw the first snag in President Biden’s economic recovery efforts, with only 266,000 jobs — less than a third of what had been expected — gained throughout the course of April. Monday had Biden arguing in a White House address that there was, in essence, nothing to worry about. Recovering from a

Wall Street recession fears stoked by patchy US economic data

Wall Street recession fears stoked by patchy US economic data

Investor concerns that the US economy is overheating are giving way to recession jitters as analysts fret the Federal Reserve could stifle growth with its rapid tightening of monetary policy. Markets are pricing in an aggressive path for Fed rate rises in the coming months while also signalling expectations that the central bank will then

Pompeo says Chinese threat ‘inside the gates’ amid rising fears about risk to US data, economic security

Pompeo says Chinese threat ‘inside the gates’ amid rising fears about risk to US data, economic security

NEWYou can now listen to Fox News articles! Former Secretary of State Mike Pompeo says the threat from the Chinese Communist Party is “inside the gates” of the United States, as he backed strong language from FBI Director Christopher Wray about the Beijing threat and warned of the risks to privacy from Chinese control of

Economic fears further retirees’ pandemic-era plans to keep working

Economic fears further retirees’ pandemic-era plans to keep working

Yacobchuk | Istock | Getty Images What is retirement? When does it start? And how has Covid-19 affected Americans’ retirement plans? An ongoing survey of U.S. retirees and near-retirees suggests there’s a wide range of opinions on these fundamental questions and a rapidly changing perspective on what retirement will look like in the future. Last

Economic anxiety is replacing Covid fears. How to cope with recession talk and stock market drops.

Economic anxiety is replacing Covid fears. How to cope with recession talk and stock market drops.

We waited for vaccines, for boosters and for lockdowns to be lifted. Major life events were postponed or — worse — missed. But the hope was that life would resume on the other side of the pandemic and we would make up for lost time. Those fortunate enough to weather the pandemic with their savings

Biden battles economic fears, insists recession can be avoided

Biden battles economic fears, insists recession can be avoided

IE 11 is not supported. For an optimal experience visit our site on another browser. Plane catches fire on Miami International Airport runway 03:53 ExxonMobil CEO predicts years of tight oil supply 03:31 Former energy executive charged in connection to environmental activist’s murder 03:12 Missouri father-daughter duo perform heart surgery 02:06 Colombia elects first leftist