WATCH: CNBC’s Joe Kernen Warns of ‘Stagflation’ in Joe Biden’s America
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WATCH: CNBC’s Joe Kernen Warns of ‘Stagflation’ in Joe Biden’s America
A restaurant owner minced no words on the immense costs that are devastating his business as inflation continues to harm both owners and customers under President Joe Biden. During the May 20 edition of Squawk Box, co-anchor Joe Kernen pointed to a specific case succinctly illustrating inflation’s devastating impact on Americans’ wallets. He prefaced his point by saying his guest Will Restaurants Investments Group Founder Brian Will’s “food costs have increased by more than 20% since 2023 and...
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Commentary: Joe Biden’s Dangerous Natural Gas Game
If the devil is in the details, bureaucracy is hell on earth. Though terrain familiar to the Biden administration, Republicans must prepare to navigate it. Witness the debacle over liquefied natural gas exports, wherein the White House, by “pausing” most new approvals, has catapulted the energy security of key U.S. allies straight into the buzzsaw of its climate ambitions. (The category of exports that will continue to be authorized is tiny.) The Department of Energy claims that a multifactor...
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Joe Biden says U.S. does not recognize ICC jurisdiction over Israel
President Biden said Thursday that the U.S. does not recognize the jurisdiction of the International Criminal Court after the tribunal’s chief prosecutor requested arrest warrants for Israel’s prime minister Benjamin Netanyahu and its defense minister, Yoav Gallant.