The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
If public opinion polls are the guide, Joe Biden has been the worst president since Richard Nixon. Here's why that may be true.
President Joe Biden had good news to deliver in the final jobs report of his administration, which saw jobs growth that defied expectations. Speaking from the Roosevelt Room in the White House on Friday evening, Biden touted the "transformational progress" the economy has made under his watch.
On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.
President Joe Biden's tenure in the White House is ending with a gulf between his policy record and his public reputation.
President Joe Biden lauded his administration’s record on the economy after the labor department reported Friday a surge in job growth and decline in unemployment last month.
The 100 wealthiest Americans got more than $1.5 trillion richer over the last four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way, according to the Bloomberg Billionaires Index. The top 0.1% gained more than $6 trillion, Federal Reserve estimates through September show.
President Joe Biden recently made several false and inaccurate claims to defend his controversial decision to pardon his son, Hunter Biden.
A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next economic downturn.
Presidents get too much credit or too much blame for the economy, it’s often said, but the public never fails to render its own judgment. They gave Joe Biden and Kamala Harris a failing grade and put Donald Trump back in the White House.
U.S. stocks finished higher on Friday, the final trading day of Biden's term in office. All three major benchmarks posted weekly gains amid a retreat in Treasury yields. Investors were also looking ahead to next week, when Trump is set to be inaugurated as president of the United States for the second time.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.