US imposing ‘swift and severe costs’ on Russia following Putin’s Ukraine annexation

CNN — The US is imposing what it describes as “swift and severe costs” on Russia, including sanctions on a figure the Biden administration says is key to Russia’s economy, after President Vladimir Putin announced the annexation of regions of Ukraine following what the West casts as ” sham referenda.” Putin signed documents on Friday … Read more

LIVE: Treasury’s Wally Adeyemo on the US economic outlook at CNBC’s Delivering Alpha 2022 —9/28/22 – CNBC Television

LIVE: Treasury’s Wally Adeyemo on the US economic outlook at CNBC’s Delivering Alpha 2022 —9/28/22CNBC Television Treasury’s Wally Adeyemo says the Biden administration is doing everything it can to combat inflation and recessionCNBC Deputy US Treasury chief says soft landing is possibleReuters.com Watch live: Treasury Deputy Secretary Wally Adeyemo talks Biden economy at Delivering AlphaCNBC … Read more

Inflation remains as global supply shortage reigns – Fox Business

Inflation remains as global supply shortage reignsFox Business JPM’s David Kelly: Fed not paying attention to what inflation is likely to doFox Business Market facing ‘perfect storm’ scenario after Fed overreacted to inflation: MahoneyFox Business View Full Coverage on Google News

GOP Vows to Impeach Biden, Will Get Back to Us When It Figures Out What to Impeach Him For

Ask any member of the Republican Party what they think the Democrats’ most unforgivable action was while Donald Trump was in office, and they’ll all likely tell you the same thing: impeaching the GOP’s lord and savior on not one but two occasions. (The close seconds obviously being the Dems acting mean to Brett Kavanaugh … Read more

Puerto Rico’s Recovery From Hurricane Maria Was Years Behind Schedule. Then Fiona Hit.

On September 18, Hurricane Fiona made landfall on Puerto Rico almost five years to the day after Hurricane Maria killed nearly 3,000 people and caused the longest blackout in US history. Despite tens of billions of dollars in disaster aid allocated and a half-decade to make fixes, the island’s electricity grid seemed no better prepared. … Read more

Biden struggles, as does his party, as most Democrats look elsewhere for 2024: POLL

With his party struggling in the midterms, his economic stewardship under fire and his overall job approval under 40%, a clear majority of Democrats in the latest ABC News/Washington Post poll say the party should replace Joe Biden as its nominee for president in 2024 . In the November midterm election ahead, registered voters divide … Read more

Texas Rep. Pat Fallon: This would cause the US economy to collapse – Fox Business

Texas Rep. Pat Fallon: This would cause the US economy to collapseFox Business

Americans have lost $4.2k in income under Biden: report

The average American has lost $4,200 in annual income since President Biden took office — entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows. The losses come down to surging inflation and higher interest rates, experts at the conservative think tank said in a Thursday report. Their analysis … Read more

LIVE: Chairman Powell and the Federal Reserve Board talk post-pandemic economy — 9/23/2022 – CNBC Television

LIVE: Chairman Powell and the Federal Reserve Board talk post-pandemic economy — 9/23/2022CNBC Television Fed Chair Powell, and other Fed officials, are speaking on Friday 23 September 2022ForexLive WATCH LIVE: Federal Reserve Chair Jerome Powell gives update after decision on interest ratesPBS NewsHour WATCH LIVE: The Federal Reserve holds a news conferenceYahoo News View Full … Read more

CNBC’s Joe Kernan slams Biden adviser for painting ‘pretty picture’ about struggling economy

CNBC anchor Joe Kernen called out Biden economic adviser Heather Boushey on Monday during a heated spat over the administration’s messaging on the struggling US economy. The exchange on CNBC’s “Squawk Box” occurred after Boushey, a member of the White House Council of Economic Advisers, defended the administration’s progress in fighting inflation. Kernan asserted the … Read more