Joe Biden's top economic adviser opens up on harrowing moments from her time in the White House, and what makes her nervous about the Trump agenda.
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
U.S. stocks are about to close out the Biden era on a high note as the president bids farewell to the White House.
If public opinion polls are the guide, Joe Biden has been the worst president since Richard Nixon. Here's why that may be true.
A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.
On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.
The 100 wealthiest Americans got more than $1.5 trillion richer over the last four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way, according to the Bloomberg Billionaires Index. The top 0.1% gained more than $6 trillion, Federal Reserve estimates through September show.
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
President Joe Biden had good news to deliver in the final jobs report of his administration, which saw jobs growth that defied expectations. Speaking from the Roosevelt Room in the White House on Friday evening, Biden touted the "transformational progress" the economy has made under his watch.
The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.
In an open letter to the American public ahead of the speech, Biden alluded to the fact that a central promise of his 2020 campaign remains unfulfilled.