Even though job growth slowed in August with 315,000 jobs added compared to the more than 500,000 added in July, according to some economists, the number indicates underlying strength in the U.S. economy. These numbers were released after Federal Reserve Chairman Jerome Powell’s comments at the Jackson Hole Economic Symposium warning of “some pain ahead”…

Job openings remain at a high level as more than 11.2 million job positions remain vacant amid a slowdown in hiring. There were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor market is still extremely tight, the Bureau of Labor Statistics reported Tuesday. Jobs available outnumber…

President Joe Biden is using the momentum from recent legislative victories to carry him onto the campaign trail. He’s making three stops in Pennsylvania over the next week, including a primetime address from Philadelphia’s Independence National Historic Park Thursday night. The White House said the president will speak about what it is calling “the continued…

President Biden’s recent streak of legislative victories, including the Inflation Reduction Act, is boosting his poll numbers. But some economic analysts warn it may take years before the bill actually reduces inflation. Straight Arrow News contributor Larry Lindsey adds that a closer look at the legislation reveals Biden’s Inflation Reduction Act won’t do much to help…

President Joe Biden’s approval ratings shot up to 44% according to a new Gallup poll, his highest rating this year. But he’s still underwater because 53% of Americans disapprove of his job performance. The poll was conducted between Aug. 1-23, that includes the time when Democrats passed the Inflation Reduction Act.  This is an increase…

Economists expect President Joe Biden’s sweeping student debt relief action will add fuel to the inflationary fire already facing the nation. On Wednesday, the president announced plans to cancel between $10,000 and $20,000 in student loan debt for borrowers earning less than $125,000 a year. The White House estimates roughly 43 million Americans will qualify…

Afghanistan is in the grips of a humanitarian crisis. In the year since the U.S. military withdrawal and the Taliban seized power, the economy has collapsed and millions are in danger of starvation. Straight Arrow News contributor Jordan Reid says America bears some responsibility for the plight of the Afghan people due to decades of…

With the swipe of a pen, President Joe Biden is wiping away student debt for millions of Americans, with a hefty price tag of around $300 billion for the American people. But already, experts are questioning the long-term impact of this historic moment. “When you provide one-time loan forgiveness to all borrowers, what do we…

The U.S. Centers for Disease Control and Prevention recently introduced new COVID-19 guidelines, relaxing quarantining and social distance precautions. Subsequently, CDC Director Dr. Rochelle Walensky announced a revamp of the agency due to missteps in its handling of COVID-19. Straight Arrow News contributor Adrienne Lawrence questions whether the new guidelines are putting the economy and corporate…

The Federal Reserve raised interest rates four times in 2022, with experts anticipating more on the way. The benchmark lending rate is now 2.25-2.5% after starting the year near zero. Following years of easy money, Americans will have a tough road ahead as the nation teeters on the edge of a recession. There is a…