Con Edison bills surge in January, prompting outcry from New Yorkers
By Daniella Genovese Energy bills for a swath of New Yorkers surged in January, prompting an outcry from customers who say their bills have doubled in the latest wrinkle to…
America’s National Debt Soars Past $30 Trillion Milestone
By Tom Ozimek America’s ballooning national debt has exceeded the $30 trillion mark for the first time ever, according to Treasury Department data. The Treasury Department said in a statement…
US Consumer Prices Soar 7 Percent, Biggest Spike Since 1982
U.S. consumer prices rose solidly in December, with the annual increase in inflation the largest in nearly four decades, which could bolster expectations that the Federal Reserve will start raising…
Kazakhstan leader rejects talks, tells forces to “shoot to kill”
CBS News Almaty, Kazakhstan — Kazakhstan’s president on Friday rejected calls for talks with protesters after days of unprecedented unrest, vowing to destroy “armed bandits” and authorizing his forces to…
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Biden faces series of minefields in coming year
By Amie Parnes and Morgan Chalfant; President Biden is staring down a number of minefields when he returns to Washington in the new year. Biden will have to tackle major…
Manchin’s media critics predict Build Back Better ‘no’ vote is threat to the ‘future of American democracy’
By Lindsay Kornick Some liberal media commentators predicted Sunday that West Virginia Sen. Joe Manchin’s vote against President Biden’s Build Back Better plan could very well spell the end of…
Rep. Hern: Biden, Democrats Hypocrites for Rejecting Spending Bill Reports
By Sandy Fitzgerald The Biden administration and Democrats are showing their ”hypocrisy” by pushing back on the Congressional Budget Office and the Senate parliamentarian about their reports on the cost…
Surging Inflation Could See Millions of American Households Paying $3,500 in Additional Expenses This Year: Report
By Katabella Roberts Surging inflation will cost millions of Americans more than $3,000 in additional expenses this year, according to a Penn Wharton University of Pennsylvania Budget Model (PWBM) analysis…
Senate Democrats vote to raise nation’s borrowing limit by $2.5 trillion
by Susan Ferrechio Senate Democrats voted Tuesday to lift the nation’s debt ceiling by $2.5 trillion, providing enough money to extend federal borrowing authority beyond the 2022 midterm elections. Democrats…
U.S. Congress to vote on debt-limit hike, averting default risk
By Reuters WASHINGTON (Reuters) – The U.S. Congress is expected to vote on Tuesday to raise the federal government’s $28.9 trillion debt limit, ending a months-long standoff between Republicans and…
CBO Report: ‘Build Back Better’ Could Cost $3 Trillion Over Next Decade if Permanent
By Luca Cacciatore The Congressional Budget Office (CBO) released an analysis on Friday estimating that President Joe Biden’s ‘Build Back Better’ (BBB) plan could increase the federal deficit by $3…
Vanishing Ships Underscore Supply Woe: Crisis Peak Is a Mirage
By Brendan Murray A line of more than 80 container ships waiting to dock at the ports of Los Angeles and Long Beach, California, was cut in half in late…