Although the union did not explicitly back former President Donald Trump, he viewed the decision to not endorse the Vice President as a victory.
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
The former president emphasized the words “a woman” by sitting up straight and putting both hands in front of him, lightly cupping the air.
Polls show Americans remain deeply worried about the economy and inflation, with Vice President Kamala Harris, who became the Democratic nominee when Biden bowed out of the race in July, and Republican former President Donald Trump essentially deadlocked less than seven weeks before the Nov. 5 U.S. presidential election.
Vice President Kamala Harris and President Joe Biden worked to shore up support among key constituencies during separate events Monday, an example of their strategic attempt to divide and conquer the campaign trail with the race to November heating up.
Democrats who called on Biden to exit the presidential race soon after his debate with Trump feel gratified by her candidacy so far.
President Joe Biden has voiced his opposition to Nippon Steel buying U.S. Steel, but the federal government appears to be in no hurry to block the deal
President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 meeting with Jerome Powell.
Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working remotely – to the economic problems he faced. But he also blamed Russian President Valdimir Putin’s 2023 invasion of neighboring Ukraine for driving up energy prices, adding to inflation.
Biden spoke a day after the Federal Reserve cut interest rates a half-point, an important marker that suggested a shift from fighting inflation to helping economic stability. And the president seized upon the cut — bigger than many economists predicted — as a sign the economy was moving in the right direction.