Page 4 - Michael Strain News Today

"We should want more billionaires, not fewer," one economic think tank director says.

Strain's defense of billionaires runs counter to the widely-held view that they contribute to America's wealth disparity.

Donald Trump is vowing sweeping changes to the nation's economy that threaten to reignite inflation - even as the former president blames President Biden for higher prices and says he'll bring the problem under control. With a substantial lead in the 2024 GOP presidential primary days before the Iowa caucuses, Trump has proposed imposing unprecedented new tariffs on trillions of dollars worth of imports and deporting undocumented workers on a vast scale. Both campaign pledges risk exac...

(Bloomberg) -- Rising consumer sentiment is fueling hopes inside the White House that Americans will warm to President Joe Biden’s economic leadership, as inflation slowed to a milestone level.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerApple Resumes Sale of Watches After Appeals Court Lifts US BanTesla Plans Revamp of Smash Hit Model Y From China PlantXiaomi Unveils...

A prediction of the future does not reality make.

NEW YORK: A growing number of US business leaders are rallying behind former South Carolina governor Nikki Haley as...

A growing number of US business leaders are rallying behind former South Carolina governor Nikki Haley as the Republican Partys presidential hopeful, seeing her as more stable than rival Donald Trump, and more favorable to business interests than incumbent Joe Biden.

View the The Philadelphia Tribune for Sunday, December 3, 2023

The president's attempt to attack corporate profiteering comes in response to consistently poor marks from voters over his handling of the economy.

President Biden blasted corporate "price gouging" more forcefully this week than ever before, reflecting a renewed administration effort to respond to widespread voter discontent over the economy as next year's election looms. After weeks of internal meetings led by White House Chief of Staff Jeff Zients, Biden aides recently pitched the president on a plan to sharply rebuke firms for not lowering despite record profits, according to three people with knowledge of the matter who s...