Inflation Sets Off Alarms Around the World

Inflation Sets Off Alarms Around the World

This post was originally published on this siteMore than a dozen central banks have raised interest rates but two that haven’t are those that loom largest over the global economy: the Federal Reserve and the European Central Bank.

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Indivisible launches project to protect Democratic incumbents in 2022

Indivisible launches project to protect Democratic incumbents in 2022

This post was originally published on this siteIndivisible, one of the country’s largest and most influential progressive groups, announced on Friday a new program dedicated to protecting a select slate of endangered Democratic congressional incumbents — seven House members and Georgia’s Sen. Raphael Warnock — ahead of next year’s midterm...

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Fishing industry worries Biden offshore wind effort will cost jobs

Fishing industry worries Biden offshore wind effort will cost jobs

This post was originally published on this siteThe Biden administration’s push to expand offshore wind development is pitting advocates for commercial fishing against the renewable energy industry. The former is concerned about potential disruptions to their business, while the latter is…

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Why is Virginia so important to Democrats? Heated governor’s race tests party, Biden before 2022 midterms

Why is Virginia so important to Democrats? Heated governor’s race tests party, Biden before 2022 midterms

This post was originally published on this siteThe outcome could determine whether McAuliffe’s campaign is a blueprint for vulnerable Democrats or a warning sign for what’s to come.     

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Consumer Spending Seems Steady Amid Supply Crunch

Consumer Spending Seems Steady Amid Supply Crunch

This post was originally published on this siteEconomists estimate that retail sales rose 0.5% last month, as U.S. consumers continue to spend despite supply constraints causing a shortage of vehicles and other goods.

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White House puts together climate finance strategy

White House puts together climate finance strategy

This post was originally published on this siteThe White House on Friday laid out a roadmap for how it will protect the economy from climate risks. In its “Roadmap to Build a Climate-Resilient Economy”, the Biden administration characterized climate-related risks as balling into two…

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Massive migrant caravans are on their way. Democrats must move on migration alternatives.

Massive migrant caravans are on their way. Democrats must move on migration alternatives.

This post was originally published on this siteMigrant caravans are still coming because of climate crisis and instability. Dems must work with Canada and Mexico on humane migration solutions.     

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Tight Labor Market Keeping Jobless Claims in Check

Tight Labor Market Keeping Jobless Claims in Check

This post was originally published on this siteEconomists estimate unemployment applications fell to near a pandemic low.

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The Fossil Fuel Industry Is Holding Up the Democratic Agenda

The Fossil Fuel Industry Is Holding Up the Democratic Agenda

This post was originally published on this siteAída Chávez Party leaders are caving to corporate pressure and ceding ground on an already dangerously low budget proposal. The post The Fossil Fuel Industry Is Holding Up the Democratic Agenda appeared first on The Nation.

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Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

This post was originally published on this siteSocial Security payments are set to rise 5.9% in 2022 for 68 million retirees, disabled people and others. That’s the most since 1982.     

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