In a bid to slow the soaring inflation he’s given the country President Joe Biden is looking to . . . reverse another Trump policy, specifically the last president’s 2018 tariff hikes on roughly $300 billion of Chinese goods. For the full article, click here.
Economy
Biden disses Elon Musk on economy: ‘Lots of luck on his trip to the moon’ – Fox News
Joe Biden Creates ‘Office of Environmental Justice’ for ‘Communities of Color’
President Joe Biden’s administration announced Tuesday a new Office of Environmental Justice (OEJ) to preserve “communities of color” from zoning restrictions and pollution, among other objectives. For the full article, click here.
Biden praises high gas prices as part of ‘incredible transition’
Out of touch as ever, President Biden celebrated record-high gas prices Monday, gushing that the pump pain was part of “an incredible transition” of the US economy away from fossil fuels. For the full article, click here.
Boyce Watkins: The recession is coming – here’s how to make sure you’re OK.
Wallstreet Trapper: BEAR MARKET TRAPPIN
Key Inflation Rate Surges to 6.6%, Highest Since 1982
The Federal Reserve’s preferred inflation gauge showed consumer prices were up 6.6 percent in March compared with a year earlier, indicating that inflation accelerated from the 6.4 percent pace recorded in February, according to data from the Bureau of Economic...
Mayor Adams: Slow return to offices will complicate NYC’s economic recovery
The Big Apple’s road to recovery will be long — and complicated. For the full article, click here.
Amazon Plans ‘Racial-Equity Audit’ Led by Loretta Lynch
Following calls from shareholders for more transparency on the effects of company policy, Amazon will be conducting a “racial-equity audit” of its hourly workers led by former Attorney General Loretta Lynch. For the full article, click here.
Jen Psaki Annoyed by ‘Cannibalistic’ Democrats Criticizing Joe Biden on Inflation
White House Press Secretary Jen Psaki on Thursday expressed her frustrations with fellow Democrats for criticizing President Joe Biden on inflation. For the full article, click here.