The Latest Breaking News from Lael Brainard

US President Joe Biden is expected to raise pressure Thursday on major corporations and wealthy individuals, calling for them to pay more in taxes in his State of the Union speech.

Amid recession fears in Japan and the UK, the US economy stands resilient, buoyed by strong consumer spending and pandemic relief measures.

The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips

A proposed deal that would see US Steel Corp bought by Japan's Nippon Steel should be closely investigated by American authorities, the White House said Thursday, warning it could have national security implications.

US central bank holds interest rates at 22-year high, but expects to cut rates three times next year as inflation continues to fade

The latest numbers show a strong picture for the U.S. economy. Yet many Americans have a pessimistic view. Here's how an adviser to Joe Biden says they're addressing that.

President Joe Biden will convene the first meeting of his supply chain resilience council

Senior aide Bharat Ramamurti established himself as one of the top economic voices in the Biden administration.

Federal Reserve Chair Jerome Powell swore in three members of the central bank’s governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank’s first Latina governor

The White House embraced “Bidenomics” to describe its economic agenda last month, reclaiming a term that President Joe Biden’s detractors have frequently used as a pejorative. Various administration officials have since talked up its ambitions. I have no doubt that they're sincere about the importance of the middle-class, infrastructure investments…

Cindy Leonard took a break from the summer heat earlier this month to cool off on the water steps on Pittsburgh’s North Shore. The price was right, she said — free. “With the price of groceries going up, gas, electrical bills, you have to watch what you buy,” she said.