The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
Tag: United States Economy
Lawmakers Rebuke Biden for Bypassing Congress in Trade Deal With Japan
A statement from two Democrats called the Biden administration’s deal “unacceptable,” saying it should have been made available to Congress and the public for review.
The Fed’s Unpleasant Choice
What’s worse: More inflation or more turmoil?
Going Hungry in America
The country’s neediest are dealing with food stamp cuts and rising prices at the same time.
Your Wednesday Briefing: A Downed U.S. Drone
Also, U.S. markets seem to stabilize and Xi Jinping tightens his control over China’s economy.
Your Tuesday Briefing: A U.S. Banking Crisis
Also, Russia is set to face war crimes charges and China’s new premier seeks to reassure investors.
A New Bank Panic?
It’s a day of uncertainty for the U.S. economy.
Your Wednesday Briefing: Xi Accuses the U.S. of ‘Suppression’
Also, the U.S. central bank may raise interest rates higher than expected.
Biden’s Semiconductor Plan Bets on Federal Aid to Change Corporate Behavior
The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Some economists disagree.
War in Ukraine Deepens Divide Among Major Economies at G20 Gathering
Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.