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Month: September 2022

President Biden says America will get inflation under control. But it won’t be easy

By Alicia Wallace, CNN Business President Joe Biden expressed optimism about the direction of the US economy Sunday, saying America will be able to rein in historically high inflation and that he’s hoping the Federal Reserve will achieve a “soft landing” by slowing economic growth without going into recession. “I’m telling the American people that

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President Biden says America will get inflation under control. But it won’t be easy

CNN By Alicia Wallace, CNN Business President Joe Biden expressed optimism about the direction of the US economy Sunday, saying America will be able to rein in historically high inflation and that he’s hoping the Federal Reserve will achieve a “soft landing” by slowing economic growth without going into recession. “I’m telling the American people

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Trading the fog for rain

GOOD MONDAY MORNING, EVERYONE… After a chilly and foggy start to the day, we will see our clouds thicken and deliver a chance of late-day showers and thunderstorms. Highs will be in the low to mid 70’s and NW winds will be gentle at 5-10 mph. Gusty conditions are possible later in the day. As

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OECD: Russia war, virus and climate hurting world’s poorest

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Russia’s war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world’s poorest, the Organization for Economic Cooperation and Development warns. The Paris-based OECD reported that 60 states, territories and locations fell last year into the category

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Iranian president’s Holocaust remarks spark outcry in Israel

JERUSALEM (AP) — The Iranian president’s comment that “there are some signs” that the Holocaust happened but that the issue required more research has sparked an outcry from Israel, a country home to tens of thousands of Holocaust survivors. Israeli officials denounced the comments on Monday as antisemitic Holocaust denial. Hard-line President Ebrahim Raisi made

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