Page A1 | The Philadelphia Tribune e-Edition
View the The Philadelphia Tribune for Sunday, December 3, 2023
Stay updated with breaking news from Groundwork Collaborative. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 spoke on the con
The president's attempt to attack corporate profiteering comes in response to consistently poor marks from voters over his handling of the economy.
The American economy grew in the third quarter, but there are signs that its growth is beginning to slow. U.S. gross domestic product (GDP) came in Wednesday at a revised 5.2 percent increase in the third quarter, higher than the 4.9 percent pop of the initial estimate, to hit the fastest quarterly rate of growth…