Page 22 - Groundwork Collaborative News Today

Prices at the supermarket keep rising. So do corporate profits.

We can’t pursue more socialism for the rich and “rugged individualism” for everyone else, Sanders said.

While the plan still keeps corporate tax rates relatively low, progressives applauded the hikes as "long overdue."

By Howard Schneider WASHINGTON (Reuters) - At his last press conference U.S. Federal Reserve Chair Jerome Powell said confidently a "disinflationary p...

At his last press conference U.S. Federal Reserve Chair Jerome Powell said confidently a "disinflationary process" had begun, showing a "gratifying" corner had been turned even as he pledged the

His hawkish statement at a congressional hearing shows concern over a stronger-than-expected economy.

Many people emerged from the pandemic flush with cash. Now, savings are dwindling, debt and delinquencies are on the rise, and American consumers might have to scale back — assuming corporations let them.

Wall Street giants are on alert because of Fed Vice Chair for Supervision Michael Barr, President Joe Biden’s pick to serve as the central bank’s pointman on regulation.

The president has found a welcome foil in a new conservative House majority and its tax and spending plans, sharpening a potential re-election message.

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.