Why Biden is getting little credit for the economy, especially in California

latimes.com People shop at a grocery store in Rosemead. The psychological effects of inflation take time to overcome. As President Biden struggles to sell Bidenomics to skeptical…

Australia’s inflation rate slows less than expected to 3.6%, dimming hopes of interest rate relief

theguardian.com Australia’s inflation rate slowed less than expected in the March quarter as rents and education costs increased, dimming hopes the cost-of-living crunch was easing and…

Posthaste: These loans are raising credit risk red flags in Canada

financialpost.com The jump in the unemployment rate and loss of jobs in March “is stoking unease about the short-run outlook for loan performance,” said Moody’s Analytics. Canada lost over…

This week in Bideonomics: A Middle East breather

aol.com If there’s a single number forecasting President Joe Biden’s reelection odds, it’s the price of gasoline. After a scare, it remains in the safe zone. Financial markets have…

What If The Fed's Hikes Are Actually Sparking US Economic Boom?

zerohedge.com What If The Fed's Hikes Are Actually Sparking US Economic Boom? Authored by Ye Xie via Bloomberg, As the US economy hums along month after month, minting hundreds of…

What If Fed Rate Hikes Are Actually Sparking US Economic Boom?

finance.yahoo.com As the US economy hums along month after month, minting hundreds of thousands of new jobs and confounding experts who had warned of an imminent downturn, some on Wall Street…

China’s first quarter economic growth solid, but March data show demand still feeble

theglobeandmail.com China’s economy grew faster than expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face of…

China Sees Surprising GDP Growth, But Weak Demand in March

asiafinancial.com China’s economy expanded by a faster-than-expected 5.3% in the first quarter, according to official data released on Tuesday. But other data released by the National…

Americans are savings less these days. Here’s why and what that means

cnn.com Americans haven’t been stashing money into their savings accounts like they used to, according to government statistics. That’s part of the reason why consumer spending has…

Americans are saving less these days. Here’s why and what that means

aol.com Americans haven’t been stashing money into their savings accounts like they used to, according to government statistics. That’s part of the reason why consumer spending has…

These are the Poorest Cities in Every State

247wallst.com America is a country that is known for its stark inequality in income. The richest part of the population (top 1%) owned 32.3% of the nation’s wealth, according to a report…

As US inflation ticks back up, it could impact the presidential election

aljazeera.com The fight against inflation is far from over and could reduce the chances of interest rate cuts for this year. Wednesday’s “disappointing” inflation data in the United…