Bidens

"Not the way you treat your friends."  Biden's climate plan strains trade ties with Europe |  CNN Business

“Not the way you treat your friends.” Biden’s climate plan strains trade ties with Europe | CNN Business

London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …

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A new senior Fed official criticized Biden's agenda: “Stop.  Seriously'

A new senior Fed official criticized Biden’s agenda: “Stop. Seriously’

Arkansas Rep. Bruce Westerman and former U.S. Treasury official Michael Faulkender discuss the U.S. economy and labor market in “The Evening Edit.” Austan Goolsbee, who was named the new president of the Federal Reserve Bank of Chicago on Thursday, has regularly taken part in a poll of University of Chicago economists, often siding with the …

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Biden's meeting with Macron comes amid rising transatlantic tensions

Biden’s meeting with Macron comes amid rising transatlantic tensions

Follow our live coverage of Biden receives Macron at the White House. WASHINGTON — In a meeting with Treasury Secretary Janet L. Yellen in Bali, Indonesia last month, French Finance Minister Bruno Le Maire raised objections to the Biden administration’s plan to bolster the US clean energy industry through subsidies and other preferential treatment for …

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Ukraine is Biden's defining problem and biggest economic challenge

Ukraine is Biden’s defining problem and biggest economic challenge

Russia’s war in Ukraine has become the biggest economic challenge of President Biden’s term, threatening to plunge the world into a recession that could endanger an already fragile US recovery. The combination of punitive sanctions, championed by Mr. Biden and his allies, and retaliation from Russia have ricocheted off global food and energy markets, exacerbating …

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Biden's antitrust adviser warns of 'profusion of junk fees' in US economy

Biden’s antitrust adviser warns of ‘profusion of junk fees’ in US economy

Joe Biden’s antitrust adviser has warned of a ‘profusion of junk fees’ in the US economy, as he pushes to expand the war on hidden costs to include those affecting investors in the securities market . In an interview with the Financial Times, Tim Wu, the Biden administration’s competition policy adviser, said there was a …

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