How It Started… How It’s Going: Energy prices soar as Biden pursues green agenda
The Morning with Maria panel examines March core CPI, expected Fed rate cuts, and the overall market outlook. Energy prices have soared by more than a third since President Biden took office in 2021 as stubborn inflation continues to burden Americans. Gasoline and housing costs were the biggest contributors to the 0.4% increase in March, […]
China pursues aggressive growth to prevent devastating slowdown: government aims to ‘transform’ economy
China has launched a series of ambitious economic reforms to boost growth amid the economic crisis. Downturn in the housing market and slump in spending –Mainly, this year’s economic growth rate is “approximately 5%.” “Achieving 5% growth is going to be difficult,” Elaine Dezensky, senior director of the Foundation for Defense of Democracies and director […]