Tag: White House

White House economists on Wednesday warned of “severe damage” to the U.S. economy in the event of a debt default, warning that a prolonged default could cause 8.3 million job losses and the stock market to tumble 45%.

The White House is giving all federal agencies 30 days to wipe TikTok off all government devices, as the Chinese-owned social media app comes under increasing scrutiny in Washington over security concerns.

President Joe Biden said Monday that “history matters, and Black history matters” during a White House reception marking Black History Month, a forceful declaration that comes after the state of Florida blocked a new advanced course on African American studies from being taught in its high schools.

U.S. officials said Monday that improvements ordered by President Joe Biden to strengthen defenses against Chinese espionage helped to identify last week’s spy balloon — and to determine that similar flights were conducted at multiple points during the Trump administration.

COVID-19 created a perfect storm of rising rents as people started moving when they emerged from lockdown. Those pandemic effects are still rippling across the nation, causing housing costs to rise even in cities that were once affordable, report Holly Fuong and Monica Potts at FiveThirtyEight.