Democrats release $3.5TRILLION budget proposal they can pass without GOP support including climate initiatives, social welfare, green cards for immigrants and tax cuts - but leave out plans to raise the debt limit
The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the pre-pandemic level. This should be viewed as good news until we put it in the context of the largest
The Biden administration on Monday released new guidance on how to support those experiencing long-term symptoms of COVID-19 as part of a broader effort to recognize the 31st anniversary of the Americans with Disabilities Act.
Update (1140ET): Following comments from a team of Goldman analysts who warned in a note to clients published this morning that the Democrats' new spending plan (and the tax hikes they say will accompany it) is a "downside risk to our fiscal assumpti
Chicago's speed cameras churned out hundreds of thousands of violations in the month after the city dropped the threshold for automated ticketing from 10 miles per hour over the speed limit to just six, data show.
• http://theeconomiccollapseblog.com by Michael Snyd
The pace at which conditions are changing is catching a lot of people off guard. Here in the United States, we have been in a low inflation environment for most of the past four decades, and so many Americans don't even have a frame of reference f
The number of Americans filing for first time jobless benefits fell to 385k last week - the lowest since the start of the government-policy-driven lockdowns last year (below 400k for the first time since March 2020)...
After yesterday's blockbuster 2Y auction which pushed bond yields sharply lower and which we said was an indication that the inflationary storm has passed with bond traders no longer expecting any rate hikes for the foreseeable future, moments ago th