“The demand is higher now than it ever was during the pandemic,” said Claire Babineaux-Fontenot, head of Feeding America, which works with a network of 200 food banks. “This is not just one group’s issue, it’s an American issue. Hunger is an issue in America across every demographic group, and now, growingly, across more and […]
Hong Kong CNN — China’s economy got off to a solid start in 2023, as consumers went on a spending spree after three years of strict pandemic restrictions ended. Gross domestic product grew by 4.5% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the […]
CNN — Millions of Americans could face massive consequences unless Speaker Kevin McCarthy can navigate out of a debt trap he has set for President Joe Biden that is instead threatening to capture his House Republicans. The California Republican traveled to Wall Street on Monday to deliver a fresh warning that the House GOP majority […]
Wall Street’s most powerful banking executives warned Congress that new regulations on the industry proposed by the Biden administration risk hurting the US economy. On the eve of an election year, with the threat of recession looming large, the bosses of JPMorgan Chase, Citigroup, Goldman Sachs and five other large firms urged policymakers to “be […]