Washington Insider

The Hill is reporting that Fed chair Jerome Powell will offer testimony this week in what will likely be his last chance to try to push Congress toward another coronavirus relief bill before Election Day.

China's war rhetoric is pushing Taiwan to boost its U.S. economic ties. A Bloomberg report reflects the emergence of Taiwan once again as the center of dangerous military tensions.

Bloomberg says that after four years of relentless effort by the President to push back against China, questions remain about that policy's effectiveness. It calls efforts to ban new downloads of WeChat and the wildly popular video-sharing app TikTok as merely diversions.

The Hill is reporting this week that Fed Chair Jerome Powell warned that a “lack of further fiscal support from Congress could scar and damage the U.S. economy.” During a Wednesday press conference, Powell expressed optimism that Democrats and Republicans “would find a...

The New York Times and other news organizations are reporting this week that a World Trade Organization panel found Tuesday that the U.S. violated its rules by imposing tariffs on China in 2018. The Times said the finding drew an “angry response from the administration.”

Yet another dust-up is surrounding USDA's ag aid program, and that still another Government Accountability Office report has found wide differences among states and regions and crops in government aid.

The coronavirus has shifted many economic new approaches into “more routine” policies, Bloomberg is reporting this week. The report concludes that global central bankers are discovering that “monetary policies they once viewed as unconventional and temporary are now proving...

Seasonal change in the weather is increasingly in the scientific cross hairs these days because variations in patterns that help forecasting local weather and the likelihood of floods, drought and other events. New data are being reported and receiving unusual intense interest by the New York...

Bloomberg is reporting this week that the United States is pushing Southeast Asian countries to review ties with Chinese state-owned enterprises and it is stepping up pressure on Beijing over territorial disputes in the South China Sea.

For the first time in a generation, Americans began spending more money at the supermarket than at places where someone else cooked. Grocers saw eight years of projected sales growth packed into one month. Shopping trends that were in their infancy were turbocharged.

Bloomberg is reporting this week that the President is staking out a much more punitive position on future trade relationships with China. He is threatening to punish any American company that creates jobs overseas.

Federal Reserve Chairman Jerome Powell sees the U.S. unemployment data for August as positive but cautions that the economy's recovery from the pandemic has a long road ahead.

Negotiations for additional virus relief continue amid reports from the nonpartisan Congressional Budget Office that emphasize an increasingly gloomy outlook for large deficits.

In a development that is mostly under the press radar, Bloomberg is reporting that a campaign to lead the World Trade Organization during the most turbulent period of its 25-year existence is now under way. The contest is playing out against the backdrop of a pandemic, a worldwide recession...

Amid the tensions involving House investigations panel threats to subpoena documents from the U.S. Postal Service, House Majority Leader Steny Hoyer, D-Md., said he expects Congress to rely on a continuing resolution to fund the government after the current fiscal year concludes at the end...

Bipartisan lawmakers in Congress, with the new U.S.-Mexico-Canada Agreement just recently taking effect, are pressuring the administration to make sure America's dairy producers are treated fairly.

POLITICO is reporting this week that the Federal Reserve has unveiled a new policy promoting broad-based and inclusive job gains, a major shift acknowledging the central bank should help disadvantaged Americans.

The EU likely will struggle to find a candidate to match the stature of departing trade chief Phil Hogan who resigned late Wednesday amid a public outcry over attending an Aug. 19 dinner in his native Ireland “that broke the country's rules to fight the coronavirus," Bloomberg reports.

Food Safety News is reporting this week that suggestions that meat alternatives such as plant-based burgers should be included in the National Dietary Guidelines would be extremely unpopular in some quarters.

Hardly any question carries greater weight in economics right now, or divides the financial world more sharply, than whether inflation is on the way back, Bloomberg explains in an article this week.