Tag: President Joe Biden
U.S. inflation slips from 40-year peak but remains high 8.5%
WASHINGTON (AP) – Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall...
U.S. employers added 528,000 jobs; unemployment falls to 3.5%
WASHINGTON (AP) – America's hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a...
Biden tests positive for COVID-19, has ‘very mild symptoms’
WASHINGTON (AP) – President Joe Biden tested positive for COVID-19 on Thursday and is experiencing "very mild symptoms," underscoring the persistence of the highly...
Biden announces modest climate actions; pledges more to come
SOMERSET, Mass. (AP) – President Joe Biden on Wednesday announced modest new steps to combat climate change and promised more robust action to come,...
Biden to discuss climate change in Somerset on Wednesday
WASHINGTON (AP) – President Joe Biden will travel to Somerset, Mass., on Wednesday to promote his efforts to combat climate change but will stop...
U.S. inflation reached a new 40-year high in June of 9.1%
WASHINGTON (AP) – Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and...
Key inflation gauge tracked by the Fed remains a high 6.3%
WASHINGTON (AP) – A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged...
Biden calls for 3-month suspension of gas and diesel taxes
WASHINGTON (AP) – President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year...
Gas prices dip in R.I., Mass.; Biden considers tax holiday
PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island fell to $4.93 per gallon, nine cents less than last week...
U.S. producer prices soar 10.8% in May as energy costs spike
WASHINGTON (AP) – U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that...
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