Apr 17 Watch 5:45 How the White House is trying to fight inflation and what it means politically By Geoff Bennett, Tess Conciatori, Ian Couzens President Biden will travel to Portland and Seattle this week in his first visit to the Pacific Northwest as president. The White House says his visit will center on his efforts to address inflation as Americans see skyrocketing prices on… Continue watching
Apr 15 Watch 5:56 IRS struggles with a major backlog ahead of the tax deadline By John Yang, Courtney Norris As the deadline to file federal taxes approaches Monday in most states, questions remain for many about what to expect this tax season, and when to expect their refunds. The IRS is warning that refunds may be delayed for many… Continue watching
Apr 15 Watch 12:27 Brooks and Capehart on the global impact of war in Ukraine, historic inflation New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Judy Woodruff to discuss the week in politics, including President Biden's accusations that Russia committed genocide in Ukraine, rising prices in the U.S. continue to outflank… Continue watching
Apr 15 Biden nominates Michael Barr as Federal Reserve vice chair By Josh Boak, Paul Wiseman, Associated Press President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve's vice chairman of supervision. Continue reading
Apr 12 Watch 7:38 Inflation hits new historic high, painting a bleak economic picture Inflation numbers released Tuesday by the U.S. Labor Department show prices are up in nearly every consumer category, but especially energy costs. President Biden traveled to the midwest to explain how his administration is going to ease the pain at… Continue watching
Apr 12 U.S. inflation rises 8.5 percent, sharpest increase since 1981 By Paul Wiseman, Associated Press Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received. Continue reading
Apr 06 Watch 3:34 U.S. lawmakers grill oil executives about sharp rise in gas prices By Amna Nawaz, Courtney Norris, Tommy Walters Since Russia’s invasion of Ukraine, fuel prices have shot up and stayed high. Lawmakers on Capitol Hill Wednesday were laying blame for rising gas prices on executives from BP, Chevron, Shell, ExxonMobil and others. Meanwhile, everyday Americans are feeling the… Continue watching
Apr 06 Federal Reserve signals more aggressive steps to fight inflation By Christopher Rugaber, Associated Press Federal Reserve officials are signaling that they will take a more aggressive approach to fighting high inflation in the coming months — actions that will make borrowing sharply more expensive for consumers and businesses. Continue reading
Apr 03 Biden trumpets economic gains, but struggles to get credit By Josh Boak, Zeke Miller, Chris Megerian, Associated Press For President Biden, convincing Americans of the progress made in the economic recovery only serves as a salient reminder of how much further the country has to go. Continue reading
Apr 02 Ramadan begins in much of Middle East amid soaring energy and food prices By Samy Magdy, Associated Press The Muslim holy month of Ramadan — when the faithful fast from dawn to dusk — began at sunrise Saturday in much of the Middle East, where Russia's invasion of Ukraine has impacted energy and food prices. Continue reading