U articles
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U.S. Productivity Slumped In First Quarter
An unexpected slump in productivity raises unit labor costs and risks higher inflation. | Economy
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Stagflation: What is it, and is the U.S. economy in it right now?
Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high and some signs of slowing growth have started to emerge. In remarks after the release of the Fed's decision Wednesday to leave interest rates unchanged, Powell said he didn't "really understand where talk of a stagflation scenario is coming from" given the preponderance of solid economic data. Historically, stagflation occurs when high unemployment, slow...
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Biden's open borders endanger U.S.
In Fairfax County, Virginia, just 90 miles from the heart of Virginia’s 5th Congressional District, a disturbing saga unfolds, shedding light on the perilous repercussions of President Biden’s lax approach to border security.