Just when the U.S. was starting to see improvements in the supply chain, small COVID outbreaks in China resulting in big shutdowns threaten to wreak havoc on the world economy. “Particularly if China sticks to a no-COVID policy, Omicron can really disturb supply chains again,” Federal Reserve Chair Jerome Powell said on January 11. With…

Federal Reserve Chair Jerome Powell was finally confirmed Thursday to a second term after a three-month delay. He’s led the central bank since 2018, after then-President Donald Trump nominated him to the position. President Joe Biden renominated him last year but the Senate dragged on the confirmation process as inflation reached its highest level in…

The U.S. Supreme Court on Thursday blocked President Joe Biden’s COVID-19 pandemic-related vaccination-or-testing mandate for large businesses while allowing his administration to enforce its separate vaccine requirement for healthcare facilities. The court acted after hearing arguments last Friday in the legal fight over temporary mandates issued in November by two federal agencies. The court was…

According to two Labor Department reports released Thursday, on producer prices and weekly unemployment respectively, the United States is still struggling to deal with the economic effects of COVID-19. According to the department’s latest Producer Price Index, prices at a wholesale level increased 9.7% in 2021. The department noted that is “the largest calendar-year increase…

Pressure is mounting on the Democrats with the all-important mid-term elections getting closer every day, and they aren’t doing themselves any favors. A number of people on the left are retiring, putting the Democratic Party at a real disadvantage. That creates open seats, increases the opportunities, stretches their resources.  Even if it’s a democratic seat, the…

Months of high inflation was just one of the topics that Federal Reserve Chair Jerome Powell discussed in front of the Senate Banking Committee Tuesday. The hearing was scheduled to consider Powell for four more years as the head of the Fed. President Joe Biden announced he was nominating Powell for a second term last…

There was a mixed bag of news coming out of the December jobs report released by the Labor Department Friday. The unemployment rate fell to a pandemic low 3.9%, but the United States only added about 199,000 jobs. That’s down from the 210,000 jobs added in November, which in itself was the slowest hiring pace…

The Supreme Court heard arguments Friday morning on whether to allow two separate Biden administration COVID vaccine mandates to take effect. Those mandates include a vaccine-or-testing requirement that applies to large employers and a separate mandate for most health care workers. Together, these mandates affect about 84 million people. Specifically, justices are tasked with deciding…

There is very little that Democrats and Republicans can agree on in these hyper-partisan times. But something for which there is little room to debate is how Americans view the government. To put it bluntly, most people think our government is failing the people and doing a terrible job. There is ample proof found in…

Something remarkable is happening right now in Washington — people are abandoning ship on President Joe Biden with alarming speed and right out in the open. I’m not talking about Republicans criticizing Biden’s agenda or declaring him a useless president — although that is certainly happening. And it’s not just Biden’s plummeting poll numbers, although…