Politics May 23 Biden launches new trade deal with Indo-Pacific nations, warns long ‘haul’ for inflation recovery By Josh Boak, Aamer Madhani, Associated Press
Economy May 20 Watch 5:25 Investors scramble as the S&P 500 dives into bear market territory Financial markets closed out the week with yet another head-spinning day, with one of the main indexes, the S&P 500, plunging for almost three hours into bear market territory, signifying a drop of 20 percent or more from its prior…
Nation May 17 Watch 5:24 News Wrap: FDA approves Pfizer’s COVID-19 booster for children age 5 to 11 In our news wrap Tuesday, the FDA authorized Pfizer's low-dose COVID booster for kids 5 to 11 years old, China restricted more Beijing residents to their homes to help control a small outbreak, U.S highway deaths shot up last year…
Politics May 12 Senate confirms Jerome Powell for second term as Fed Chair The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell's high-stakes efforts to curb the highest inflation in four decades. By Christopher Rugaber, Associated Press
Politics May 11 WATCH: Biden sees bigger role for U.S. farms to ease food prices amid Ukraine war President Joe Biden is vowing to help American farmers try to ease a global spike in food prices following Russia's invasion of Ukraine. By News Desk and Associated Press
May 11 U.S. prices see smallest rise in eight months, spurring hopes that inflation may be peaking By Christopher Rugaber, Associated Press Inflation slowed in April after months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households. Continue reading
May 10 WATCH: Biden defends record and warns of ‘ultra-MAGA’ Republicans taking power By Zeke Miller, Chris Megerian, Josh Boak, Associated Press President Joe Biden is warning voters unhappy with soaring inflation and his stalled domestic agenda against turning power over to "ultra-MAGA" Republicans in the midterm elections. Continue reading
May 06 U.S. job market extends hiring streak with 428,000 jobs in April despite surging inflation By Paul Wiseman, Associated Press America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Continue reading
May 05 Watch 4:06 Stocks plummet in worst day since 2020 as economic forecast darkens The stock market had its worst day since 2020 on Thursday, just one day after the Dow Jones Industrial Index average posted its best day in years. Washington Post columnist Catherine Rampell joins Judy Woodruff to discuss. Continue watching
May 05 Stocks slump 3 percent as worries grow over higher interest rates By Damian J. Troise, Alex Veiga, Associated Press Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation. Continue reading