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‘Sheriff Joe’ Biden to name coordinator to oversee $1 trillion in infrastructure bill

‘Sheriff Joe’ Biden to name coordinator to oversee $1 trillion in infrastructure bill

© Reuters. U.S. President Joe Biden holds a Cabinet meeting to discuss the implementation of the $1 trillion infrastructure bill at the White House in Washington, U.S., November 12, 2021. REUTERS/Kevin Lamarque      By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden said he would appoint a coordinator next week to oversee spending under…

Inflation Fears Pose a Risk to Supercharged American Consumer

Inflation Fears Pose a Risk to Supercharged American Consumer

Inflation Fears Pose a Risk to Supercharged American Consumer (Bloomberg) — The recent spike in inflation risks denting the turbocharged spending growth that has fueled the U.S. economic recovery during the pandemic — at least in the short term. That’s the conclusion some economists drew from the unexpected slump in consumer sentiment reported Friday, driven…

‘Sheriff Joe’ Biden urges Cabinet to ensure fresh spending is used wisely

‘Sheriff Joe’ Biden urges Cabinet to ensure fresh spending is used wisely

© Reuters. U.S. President Joe Biden holds a Cabinet meeting to discuss the implementation of the $1 trillion infrastructure bill at the White House in Washington, U.S., November 12, 2021. REUTERS/Kevin Lamarque      By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden said he would appoint a coordinator next week to oversee spending under…