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US Economy

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US Economy

Pimco’s Tiffany Wilding warns of underpriced US recession risk

TL/DR - Tiffany Wilding, an expert on the U.S. economy at Pimco, sees a 50% chance of a recession, stating that the market is underestimating this risk. Wilding suggests that while the U.S. economy demonstrated resilience in 2023, there is a high risk of a slowdown in 2024 as savings buffers that have supported demand are expected to return to…
US Economy

Powell-Style Party

TL/DR - The article discusses Federal Reserve chair Jay Powell's hope for a positive inflation report and the…
US Economy

HHS Announces Health Climate Resilience, Emissions Cuts at COP28

TL/DR - The U.S. Department of Health and Human Services (HHS) delegation to the United Nations Climate Change Conference (COP28) has released a Climate Change and Health Equity Strategy Supplement. The supplement outlines over 50 planned actions including research programs, forecasting tools, and technical assistance supports to help public…
US Economy

Biden’s campaign faces challenge retaining young social influencers

TL/DR - Social media influencers who previously supported President Joe Biden are now expressing disappointment in his administration, due to what they perceive as a disconnect between what the government is doing and what the people want. Some influencers previously played a key role in Biden's outreach to young voters and are considering…
Arizona

Biden-Harris Deal with IID Saves 100K Acre-Feet of Colorado River Water

TL/DR - The Biden-Harris administration has announced an agreement with the Imperial Irrigation District to conserve about 100,000 acre-feet of water in Lake Mead in 2023, funded by $77.6 million from the Investing in America agenda. The investments are part of the administration's approach to improve and protect the Colorado River System. Over…