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Tag: Economic

Harris unveils economic plan in North Carolina

Vice President Harris outlined her economic plan at a campaign rally in North Carolina on Friday, calling her policies a way to create an “opportunity economy.” “Together, we will build what I call an opportunity economy,” Harris said at a rally in Raleigh, “an economy where everyone can compete and have a real chance to […]

Harris to propose expanded child tax credits as part of economic agenda

Harris’ campaign announced plans to restore and expand the child tax credit on Friday as part of an economic package that she will detail in a policy speech in North Carolina. Vice President Harris will stick with President Biden’s promise not to raise taxes on people making less than $400,000 a year, and on the […]

Harris to lay out economic plan in campaign speech and more top headlines

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Oil Prices on Course for a Weekly Gain as Economic Optimism Returns – OilPrice.com

Crude oil prices are on track to post a weekly gain early today as optimism returned to the oil market following several better-than-expected reports on the US economy. One of them was a report of retail sales in July, which rose 1% compared to the expected 0.3% increase, Reuters reported. ReportedThe increase was more notable […]

Retail Sales Snuff Out Economic Disaster Fears

Retail therapy for an anxious market Someone appears to have forgotten to tell American consumers that interest rates are so restrictive that they risk plunging the U.S. economy into recession. The Commerce Department said Thursday Retail sales increased 1% in July.That was the biggest monthly increase since January 2023. It was well above the 0.3% […]

Biden says Harris ‘not going to’ distance herself from his economic policies

President Biden has insisted that Vice President Kamala Harris will not distance herself from his economic policy agenda. There have been reports circulating that Democratic presidential candidates are trying to distance themselves from the Biden administration’s policies, which officials say are so unpopular that it could backfire. “How troubled are you that Vice President Harris […]

Republicans, Economist slam Harris plan to lower food prices: ‘Economic lunacy’

Vice President Kamala Harris’ plan to give the federal government broad powers to control food and grocery prices was roundly criticized Thursday by Republican lawmakers and economists, who called it “big government on steroids” and “economic madness.” The 59-year-old Democratic presidential nominee’s economic platform calls for “the first federal ban on price gouging on food […]