The Federal Reserve has imposed another big interest rate hike in an effort to tackle runaway inflation. Chairman Jerome Powell announced Wednesday, the Central Bank is raising rates by an additional three-quarters of a percentage point. This is the fourth rate hike in five months, further stoking fears of a recession.
The White House has continued to play off concerns of recession. Both the President and his aides insisted Monday that their administration does not believe the economy will hit a recession despite widespread inflation. Their dismissal came ahead of the GDP report to be released this week, which will show whether the US has experienced two consecutive quarters of shrinking.
Six congressional staffers were arrested after protesting in Senate Majority Leader Chuck Schumer’s (D-N.Y.) office. On Monday, the progressive staffers confronted the lawmaker to restart so-called green energy negotiations with =Sen. Joe Manchin (D-W.Va.)
A Texas police officer is expected to survive after being shot in the face. 29-year-old Missouri City Police Officer Crystal Sepulveda is expected to make a full recovery after she was shot following a car chase Saturday.
A new report revealed Joe Biden did, in fact, discuss with his son Hunter his business dealings in China, despite him denying doing so in the past.
Former First Lady Melania Trump said it’s “sad to see” what’s going on in America on President Joe Biden’s watch. In an interview Sunday, the former First Lady pointed out that a lot of people are struggling and suffering from problems both in the US as well as abroad.
As crime surges and inflation on the rise, there’s no doubt people are looking for change. However, this isn’t the first time. One America’s Natasha Sweatte explains in this report.
The Biden administration failed to explain why Joe Biden met with his son Hunter’s business partner at the White House. During a press briefing on Monday, Secretary Jen Psaki was asked about a New York Post report saying Hunter’s business partner Eric Schwerin had 19 meetings with top Obama administration officials.
The 45th president went back to Ohio and promoted his vision for the future of the country. One America’s Sam Valk has more on Donald Trump’s speech.
Osama bin Laden’s niece held up a flag emblazoned with the words “Trump won” while protesting President Joe Biden’s summit … Read more