Geithner panel warns of more Treasuries meltdowns without reform bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Joan Mondale in the official residence of the vice presidential family in 1977.
AP
Charles Denyer, author of Number One Observatory Circle, wrote that the home was still in need of upgrades when the Mondales moved in. Part of the basement floor was still dirt, faucets would spout rust-colored water, and the vice president s first shower at the residence turned cold halfway through.
In 1977, Walter Mondale, who served under President Jimmy Carter, became the first vice president to move into Number One Observatory Circle.
Charles Denyer, author of Number One Observatory Circle, wrote that the home was still in need of upgrades when the Mondales moved in. Part of the basement floor was still dirt, faucets would spout rust-colored water, and the vice president s first shower at the residence turned cold halfway through.
Biden Touts Economic Recovery, But Major Concerns Linger
Voice of America
21 Jul 2021, 08:35 GMT+10
WASHINGTON - President Joe Biden on Monday took a swipe at political opponents, including former President Donald Trump, by touting the reinvigorated U.S. economy, which has been recovering rapidly during his first six months in office.
But some economists worry that the administration s aggressive efforts to spur economic growth could lead to a punishing recession next year.
Speaking at the White House on Monday morning, Biden reminded listeners of the predictions of economic disaster that his detractors had insisted would follow his election as president.
Without naming him, Biden referred to his predecessor by quoting his prediction that if Biden became president, the country would experience a depression the likes of which we have never seen.
U.S. Inflation Spurt, China GDP Scrutiny, Hunger Crisis: Eco Day
This content was published on July 13, 2021 - 23:04
July 13, 2021 - 23:04
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Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
Prices paid by U.S. consumers surged by the most since 2008, topping all forecasts, as ex-Treasury Secretary Lawrence Summers met at the White House with two top economic aides. Bloomberg Economics models the path from transitory to persistent CPI
After China’s surprise central bank support, key economic data released Thursday will be studied for signs the world’s second-largest economy is entering a new post-pandemic phase
Yellen, Powell to Discuss Financial Risks of Hot Housing Market bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.