According to a new poll from The Associated Press-NORC Center for Public Affairs Research, a majority of Americans now find the economy to be more important than Russian sanctions. When asked to pick between “sanctioning Russia as effectively as possible, even if it damages the U.S. economy” and “limiting damage to the U.S. economy, even…

Wall Street began gaining ground following seven straight weeks of losses. The S&P 500 rose 1.9%, the Dow Jones Industrial Average rose 2% and the Nasdaq rose 1.6% Monday. “The market is taking a little bit of a breather for several weeks of high levels of volatility and selling pressure,” Schwab Asset Manager, CEO and…

President Joe Biden launched a new trade deal with 12 Indo-Pacific nations aimed at strengthening their economies. Biden, speaking at a news conference in Japan, said the pact is designed to raise the economic profile of the U.S. and create a counter to China within Asia. The Indo-Pacific Economic Framework is a broad plan for…

Chinese President Xi Jinping has faced pressure to control the spread of COVID-19 and continue to grow the economy as his potential third term nears. He can legally seek out another term in power because the National People’s Congress removed presidential term limits in 2018. Xi’s approach to managing COVID-19 has been one of several policies…

The debate over the $1.7 trillion in college debt is back in the spotlight as President Biden is reportedly considering canceling at least $10,000 of debt per borrower. The president has already extended the freeze on federal student loan payments and collections until August, as the White House figures out what to do about an…

The midterm elections are less than six months away, and advance polling shows that President Biden’s declining public approval numbers are at the lowest point of his presidency. A major factor is the faltering U.S. economy, with two-thirds of the nation disapproving of Biden’s leadership. History is not on the side of Democrats heading into…

According to the latest presidential approval poll from The Associated Press-NORC Center for Public Research, President Joe Biden’s popularity is the lowest it’s been over the course of his presidency. The May edition of the poll had President Biden’s approval at 39%, down from 45%. “I don’t know how much worse it can get,” Milan…

Here’s the good news: summer’s right around the corner and COVID-19 restrictions are practically a thing of the past. The bad news: now it’s inflation putting a damper on those travel plans. Never fear: we’ve got ways to beat it with the best and cheapest summer adventures in this week’s Five For Friday. #5: Vietnam…

With persistent inflation at its highest level in 40 years and warnings of an economic slowdown, experts are sounding the alarm over an economic calamity. We’re not talking about recession but rather stagflation — a phenomenon that concerns economists and central banks alike. Definition Stagflation is an economic event where rising prices meet a slowing…

The decline of real GDP in the first quarter of 2022 set off yet another alarm in economic circles about the strength of the U.S. economy. Real GDP is a statistic used to measure the value of goods and services. A decline in that number indicates a decline in economic activity. As Straight Arrow News…