Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says that the Biden administration's focus on lowering gas prices by urging more oil production is misguided. He joins David Westin on "Bloomberg Wall Street Week. (Source: Bloomberg)
(Bloomberg) -- Former Treasury Secretary Lawrence Summers criticized President Joe Biden’s efforts to lower the price of gasoline, saying it should be allowed to rise because fossil fuel consumption warms the planet.Summers said in an interview Friday on Bloomberg Television’s “Wall Street Week” that the Biden administration should instead adjust its trade and economic policies to help lower the price of other goods.“There’s no more important price to increase in the American economy than the pr
The Biden administration must resume the "remain in Mexico" border policy first authorized under former President Donald Trump, a federal judge in Texas ruled Friday.
The Justice Department has admitted it possesses at least some images of police officers taking pictures with and fist-bumping Capitol rioters on Jan. 6 but has not given it to the defense due to the volume of evidence it needs to wade through in hundreds of criminal cases.
The Chicago Board of Education recently approved a $9.3 billion budget using emergency COVID-19 funds from the federal government to hire 2,000 new employees, increase staff size, and distribute raises.
As we’ve seen time and time again in recent years, it’s apparently almost impossible to put up a monument or memorial to a Black person in this country without it being vandalized by racists.
It’s not Bill Clinton’s Democratic Party anymore.
An investigation is underway in Chicago after a man who appeared to be a city employee pulled a North Side family’s Black Lives Matter yard sign out of the ground and turned it face down.
‘People not only use roads for business purposes but also for pleasure.’
Kevin Costner’s 1989 Field Of Dreams is an American sports classic, an iconic tale of a small businessman harnessing the terrible secret that life persists beyond death in order to sell concession stand popcorn to rubes. Major League Baseball fully embraced that heartwarming message this past week, organizing a game between the Chicago White Sox and the New York Yankees in an Iowa cornfield that paid homage to Phil Alden Robinson’s film, in the spirit of community, ratings, and selling many copi
Republican Party leadership in one Michigan county censured three GOP lawmakers on the state Senate Oversight Committee after the panel recommended investigations of individuals suspected of using the fraud claims for personal gain.
Speaker Nancy Pelosi isn’t swayed after a group of centrist Democrats demanded the House take up a Senate-passed infrastructure measure when they return later this month to consider a much broader social spending bill.
As right-wing politicians across the country are waging an ideological war against Critical Race Theory, most Americans think discussing racism and discrimination is actually a good thing, according to a recent survey.
All 16 and 17-year-olds will be offered a Covid vaccine in the next week in a bid to boost immunity before the return of schools.
Social media’s currency of likes, shares and comments has led to users becoming increasingly angry because expressing outrage elicits more interactions, according to a new study.
You must get your application in by Aug. 15, when special enrollment ends.
MSNBC host Rachel Maddow reported a source who said revelations about former President Donald Trump's efforts to overturn the 2020 election results in Georgia are "useful" to a criminal inquiry in Fulton County.
The child tax credit payments are already showing why they should be made permanent
Ryan Reynolds finagled cameos from the late Alex Trebek and fellow A-list friends for 'Free Guy,' which features a couple fun Disney tie-ins.
The Taliban’s successful military operations this week may have come because the United States “underestimated” the group’s “planning capabilities,” according to one former CENTCOM commander.
A city councilman in suburban Los Angeles and five other people were charged for securing fraudulent votes in a runoff election that was ultimately decided by a single vote, the Los Angeles County District Attorney’s Office announced Friday.
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