Bidenomics

The United Auto Workers union members have gone on strike since early Friday after failing to reach an agreement with Detroit’s Big Three, namely Ford Motor Co. (NYSE:F), General Motors Corp. (NYSE:GM) and Stellantis NV (NYSE:STLA). Outspoken Rep. Marjorie Taylor Greene (R-GA) took to social...

President Joe Biden has taken the fight to his Republican adversaries, claiming that he has managed the economy more effectively than former President Donald Trump. According to The New York Times, Biden spoke on Thursday at Prince George's Community College in Largo,...

Higher interest rates are intended to curb inflation and stabilize the economy. But this monetary tightening has come with unintended consequences, particularly for the backbone of the U.S. economy: small businesses. According to "Shark Tank" star Kevin O'Leary, small businesses are having a hard...

President Joe Biden's economic policies, branded as “Bidenomics,” has elicited mixed reactions. Donald Trump's niece Mary Trump recently commented on a New York Times story that weighed on how Bidenomics has been received by people. What Happened: The Biden team's gambit of touting...

On the 60th anniversary of the March on Washington, President Joe Biden emphasized his administration’s commitment to economic equality. In an op-ed in The Washington Post, Biden reflected on the vision of equality laid out by Dr. Martin Luther King Jr. and reiterated his...

President Joe Biden’s handling of the economy receives approval from just over one-third of Americans, according to a recent poll. What Happened: As reported by Politico on Thursday, a poll by the Associated Press-NORC Center for Public Affairs Research found that only 36...

This week in the economic sector was marked by significant developments and insights from industry leaders. Warren Buffett shared his views on the U.S. rating downgrade by Fitch, while JPMorgan CEO Jamie Dimon spoke about the economic storm clouds that remain. Bank of America withdrew its recession...

Heather Boushey, a member of President Joe Biden‘s Council of Economic Advisers, has defended the administration’s economic policies and stimulus packages, attributing the high inflation to the Covid-19 pandemic rather than these measures, CNBC reports. Defending Biden’s Economic...

In a jibe at his vocal critic, President Joe Biden on Thursday announced his plans to visit the district of Rep. Marjorie Taylor Greene (R) in Georgia.  What Happened: Biden, during remarks in South Carolina, said the purpose of his visit to Georgia would be to highlight investments in...

Economist and Nobel laureate Paul Krugman revealed he had no soft corners for an emerging group he calls “recession truthers,” following a decline in inflationary pressure over the past year.  What Happened: In a New York Times op-ed, Krugman explained that these individuals,...

President Joe Biden outlined his plan Wednesday for growing the economy by shifting away from the top-down approach of trickle-down economics. He criticized the theories of economic liberalism and laissez-faire, dismissing the idea that tax cuts for the wealthy and corporations would benefit the...

President Joe Biden is scheduled to deliver a major address on the U.S. economy in Chicago on Wednesday, the White House has stated. The president's speech — described as "Bidenomics" by his top aides — is expected to touch upon a host of subjects including jobs, inflation, skill development, cost...