Saturday, November 5, 2022
Friday, November 4, 2022
"You really have to look at the world, which is in bad shape," the economics professor told "Mornings with Maria" on Thursday. "So it's very hard for the United States to resist that. I worry that not only we're going to get a mild recession, I think the chances that we've got a significant recession are really pretty high."
The Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points for the fourth straight month as it struggles to bring runaway inflation under control, a move that threatens to further slow U.S. economic growth and exacerbate financial pain for millions of households and businesses.
In his speech, Powell indicated it’s too soon for the Fed to pause or pivot its stance on rate hikes. Read more and see videos here.
Thursday, November 3, 2022
"Look, for most of the 20th century, America led the world because we invested in ourselves," Biden said. "But somewhere along the way, not a joke, somewhere along the way, we stopped investing in ourselves.
"Jobs were going overseas," he added, before whispering, "Now we’re sending products overseas, not jobs."
In between the whispering and the time he told the crowd that wind energy and solar energy are cheaper than oil, gas, and coal – shouting the word "cheaper" to emphasize a point – Biden focused on the infrastructure bill throughout his speech.
The president also spoke about the CHIPS and Science Act, the future of manufacturing and what he sees as the role of unions to allow... Read more and see video here.




