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Biden's Climate Law Will Cost More Than We Thought. Good!

Last week, the Congressional Budget Office—the body tasked with figuring out the expense of federal legislation—revised its estimate for how much the Inflation Reduction Act will cost through fiscal year 2033. The IRA will cost about $428 billion more than expected, the CBO said. CBO Director Phill Swagel explained that the package’s clean energy incentives “are much higher than the staff of the Joint Committee on Taxation originally projected. Those costs reflect new emissions standards, market ....

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Larry Summers: We Will Have a Recession, It Will Not Be Mild

Former National Economic Council director Larry Summers said Thursday on MSNBC's "Andre a Mitchell Reports" that the U.S. economy will have a recession. | Clips ....

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Job openings dipped in June, labor market still tight

Workers remain in the driver's seat when it comes to job hunting with the number of positions remaining near record levels. ....

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China's Xi Jinping will do 'whatever it takes' to maintain control: Former National Economic Council director

China's Xi Jinping will do 'whatever it takes' to maintain control: Former National Economic Council director
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