White House economic adviser says US is ‘better positioned than most other countries’ to mitigate inflation

CNN  —  White House economic adviser Cecilia Rouse on Sunday defended the limited progress the Biden administration has had on tamping down inflation, responding to comments from President Joe Biden…

Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain

WASHINGTON — President Biden signed into law a landmark tax, health and energy bill on Tuesday that takes significant steps toward fulfilling his goal to modernize the American economy and…

Japan Bounces Back to Economic Growth as Coronavirus Fears Recede

TOKYO — Restaurants are full. Malls are teeming. People are traveling. And Japan’s economy has begun to grow again as consumers, fatigued from more than two years of the pandemic,…

Biden’s New Economic Scorecard: The Price at the Pump

WASHINGTON — After topping $5 a gallon in June, the price of gasoline has fallen for more than a month. The Biden administration wants to tell you about it. Again…

White House economic adviser says Biden will pursue climate agenda ‘with or without Congress’

CNN  —  White House economic adviser Jared Bernstein told CNN on Sunday that President Joe Biden will pursue his climate agenda “with or without Congress,” following the news Thursday that…

‘The Dirty Secret of Covid’: Scott Galloway on the Postpandemic Economic Turmoil

Early on in the pandemic, he started writing a book looking at crises from 1945 to the present day to try to explain the momentous changes in our society and…

Wall St. Poised for Modest Rebound Amid Economic Pressures

Stock indexes across Europe opened higher but then slumped, and were down by about 1 percent by late morning. The Stoxx Europe 600 fell 1.2 percent, after climbing as much…

Economic Scorecard: Biggest Numbers May Not Be Best, for Now

When it comes to the economy, more is usually better. Bigger job gains, faster wage growth and more consumer spending are all, in normal times, signs of a healthy economy.…

Snap Says It Will Miss Earnings Goals Because of Economic Challenges

Snap, the maker of the messaging app Snapchat, said on Monday that it expected to miss its quarterly financial goals as it dealt with toughening economic conditions. Evan Spiegel, Snap’s…

In South Korea, Joe Biden Seeks to Rebuild Economic Ties Across Asia

Mr. Sullivan said there will be “a significant roster of countries” joining the framework when Mr. Biden kicks it off on Monday, but administration officials have not identified which countries.…