Here are the financially frostbiting facts: The average cost of home heating is expected to increase by 17.2% since last winter from $1,025 to $1,202, according to the National Energy Assistance Directors Association (NEADA).
President Joe Biden will meet Monday with President Xi Jinping on the sidelines of next week’s Group of 20 Summit in Bali, Indonesia, a face-to-face meeting that comes amid increasingly strained U.S.-China relations, the White House announced Thursday.
The nation’s punishing inflation rate likely kept simmering in October, giving the Federal Reserve little cause to ease up in its drive to slow price increases by steadily raising interest rates.
It was supposed to be a red wave that former President Donald Trump could triumphantly ride to the Republican nomination as he prepares to launch another White House run.
High inflation and fears about democracy’s health weighed heavily on U.S. voters in a midterm election in which once — and perhaps future — rivals for the White House, Joe Biden and Donald Trump, cast a shadow, AP VoteCast shows.