A viral clip of an interview with President Joe Biden’s economic adviser Jared Bernstein shows the official struggling to explain why the U.S. government chooses to borrow money when it can just print more. “The government definitely prints money, and it definitely lends that money … by selling bonds. Is that what they do? They
‘Our economy’s bad,’ President Trump said. ‘And it’ll only get worse.’ Former President Donald Trump issued a warning about the direction of the U.S. economy after Friday’s job creation numbers came in far below expectations and as more Americans were bumped onto unemployment rolls. The Bureau of Labor Statistics (BLS) reported on May 3 that
Critics have said the federal administration’s energy initiatives are ‘diminishing competition and profoundly affecting consumer choice.’ The Biden administration has mandated energy standards that effectively force electric water heater manufacturers to switch to heat pump technology, raising concerns about the high upfront cost of such heaters and viability in colder climates. On Tuesday, the U.S.
Hope Hicks, who was one of former President Donald Trump’s closest aides for years, is testifying on the stand at Trump’s criminal trial in New York, where prosecutors are asking her about some of the key events at issue in the case. Hicks was Trump’s top press aide during his 2016 presidential campaign and later
Florida details three serious medical conditions that both threaten the mother and qualify as life-saving procedures exempt from the abortion ban. Florida’s 6-week abortion ban having taken effect, state health officials are now detailing the limited set of medical exemptions to the contentious law. On May 2, Florida’s Health Care Administration released a new rule
CIA Director William Burns arrived in Cairo, Egypt, Friday for the latest round of high-stakes negotiations over a hostage and cease-fire deal between Hamas and Israel, two U.S. officials and a source familiar with the matter told CBS News. The visit follows a stretch of technical talks and a fresh proposal from Israel that U.S.
The Department of Homeland Security is winding down a controversial experts group after a lawsuit from a conservative legal group who said it was in violation of federal law.