Biden has battled inflation from the start, but critics say he helped fuel it with trillions of dollars in deficit spending during his four years in office.
President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.
However, the U.S. Postal Service does have a $2.98 billion contract with a company reportedly far behind on delivering vehicles.
He had just a single term to try to transform the nation's approach to energy, climate change, technology and jobs. What does he leave behind?
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.
The president is observing the traditions of a peaceful transfer of power, but his regrets and misgivings are evident
WASHINGTON – Reports of Joe Biden’s disappearing act have been ... I think it would be an economic disaster.” Inflation was the economic disaster that helped end Biden’s reelection bid ...
Before giving way to Donald Trump, President Biden is daring the GOP to eliminate his biggest wins and trying to take actions to preserve his agenda.
The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis, the Bureau of Economic Analysis said in a statement Friday.
The Biden administration announced on Thursday it has formally submitted new goals as part of the United Nations as part of the Paris Agreement to cut emissions by up to 66% by 2035.
It also created $2.9 billion in loans and grants for hybrid, electric and hydrogen cars. Trump advisers are recommending redirecting money now flowing to building charging stations and making EVs affordable into national-defense priorities.
Joe Biden’s legacy is disgraceful. May his last memory be one of realizing the American people rejected him and what he’d done, overwhelmingly favoring his opponent from 2020 over his protégé.