Tag: inflation

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The next Republican debate is in Alabama, the state that gave the GOP a road map to Donald Trump

Republican presidential candidates will debate Wednesday within walking distance of where George Wallace staged his “stand in the schoolhouse door” to oppose the enrollment of Black students at the University of Alabama during the Civil Rights Movement.

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

Bitcoin is once again having a moment. On Monday, the world’s largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.

Trump calls Biden the ‘destroyer’ of democracy despite his own efforts to overturn 2020 election

Former President Donald Trump on Saturday attempted to turn the tables on his likely rival in November, President Joe Biden, arguing that the man whose election victory Trump tried to overturn is “the destroyer of American democracy.”

Harris dashed to Dubai to tackle climate change and war. Each carries high political risks at home

Filling in for President Joe Biden, Vice President Kamala Harris flew to the Middle East to tackle a pair of challenges that have flummoxed White Houses for decades: climate change and the Israeli-Palestinian conflict. Each carries the risk of political blowback going into next year’s presidential elections.

Biden’s approval rating on the economy stagnates despite slowing inflation, AP-NORC poll shows

President Joe Biden has devoted the past several weeks to promoting the positive impacts of his policies — but his efforts have yet to meaningfully register with the public.

Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes

Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting released Wednesday.

Fed Chair Powell sees progress on inflation, though not quickly enough

Inflation may be cooling — just not yet fast enough for the Federal Reserve. Chair Jerome Powell offered a nuanced view Wednesday of how the Fed intends to address its core challenge at a time when inflation is both way below its peak but still well above the central bank’s 2% target: Give it more time, and maybe some help from additional interest rate hikes.

Inflation Reduction Act Continues to Lower Out-of-Pocket Prescription Drug Costs for Drugs with Price Increases Above Inflation

A continuing key priority of the Biden-Harris Administration is lowering prescription drug costs. The Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), announced the list of 43 prescription drugs for which Part B beneficiary coinsurances may be lower between July 1 – September 30, 2023.

A measure of inflation that is closely tracked by the Federal Reserve increased in April

A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.

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Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

Bitcoin is once again having a moment. On Monday, the world’s largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.

Trump calls Biden the ‘destroyer’ of democracy despite his own efforts to overturn 2020 election

Former President Donald Trump on Saturday attempted to turn the tables on his likely rival in November, President Joe Biden, arguing that the man whose election victory Trump tried to overturn is “the destroyer of American democracy.”

Harris dashed to Dubai to tackle climate change and war. Each carries high political risks at home

Filling in for President Joe Biden, Vice President Kamala Harris flew to the Middle East to tackle a pair of challenges that have flummoxed White Houses for decades: climate change and the Israeli-Palestinian conflict. Each carries the risk of political blowback going into next year’s presidential elections.

DeSantis marks an Iowa milestone as the caucuses near. Trump says his rival’s campaign is in trouble

Ron DeSantis completed his campaign promise to visit each of Iowa’s 99 counties, crossing a symbolic but also tactical threshold by telling his audience in a central Iowa town “this should show you that I consider myself a servant, not a ruler.”
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