China slams US Senate bill supporting Taiwan’s defense
BANGKOK — China’s Foreign Ministry accused the United States of violating its commitment to the “One China” principle and interfering in internal Chinese affairs Thursday,...
Student loan forgiveness could cost $2,500 per taxpayer, research finds
Student-loan debt activists rally outside the White House a day after President Biden announced a plan that would cancel $10,000 in student loan debt for...
These are the 4 priorities for the $80 billion in IRS funding
Treasury Secretary Janet Yellen speaking at a news conference on July 14. Made Nagi | Reuters Yellen outlines 4 priorities for the $80 billion in...
US inflation slips from 40-year peak but remains high 8.5%
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still...
Why the U.S. is struggling to modernize its power grid
Blackouts are growing more frequent in the United States. The average American experienced just over eight hours of power outages in 2020, with overall duration...
IRS seeks armed accountants ready for ‘deadly force’
Even before Congress and President Joe Biden give the final OK for the IRS to hire 87,000 more agents in an $80 billion package, the...
White House Credits Biden’s Jawboning for ‘Historic Decline’ in Gas Prices That Remain 84 Cents Higher Than a Year Ago
White House Chief of Staff Ron Klain took a victory lap on behalf of President Joe Biden for what Klain described as a “historic decline”...
House Democrats push for Biden’s billionaire minimum income tax
Erik McGregor | LightRocket | Getty Images As Democrats plow forward with a slimmed-down reconciliation package, House lawmakers are separately pushing another piece of President...
$7.25 federal minimum wage is worth less than it was 60 years ago
The federal minimum wage is at its lowest value since February 1956, analysis from the Economic Policy Institute shows. The nonpartisan think tank’s recent analysis...
President Joe Biden job approval rating hits new low in public poll
U.S. President Joe Biden arrives aboard Air Force One at T.F. Green International Airport in Warwick, Rhode Island, U.S. July 20, 2022. Jonathan Ernst |...