President Joe Biden speaks before signing H.J.Res.100, a bill that aims to avert a freight rail strike, in the Roosevelt Room at the White House, Friday in Washington. The measure passed Thursday by the Senate and Wednesday by the House binds rail companies and workers to a proposed settlement that was reached between the rail companies and union leaders in September. / MANUEL BAICE / ASSOCIATED PRESS
WASHINGTON (AP) – President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very strength of a new jobs report showed that high inflation remains a recession threat. At the White House, the president signed an emergency bill to avert a rail strike that he…