President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
Shortly after Biden took office in January 2021, inflation began to surge. The Covid-19 pandemic and the supply-chain crisis that followed, combined with generous stimulus spending and Russia’s invasion of Ukraine in early 2022 had created a perfect storm of inflationary pressures that resulted in prices climbing faster than they had since the early 1980s.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
The Biden presidency is over and not a minute too soon. Biden‘s five decades of public life has always been one of a mediocre grifter, but he saved his worst
As President Joe Biden gets ready to leave office, we consider his accomplishments, failures, and what his legacy will be.
President Donald Trump has ordered federal agencies to “immediately pause” the spending of money from the Inflation Reduction Act, former President Joe Biden’s signature climate law that provided hundreds of billions of dollars in subsidies to clean energy and other climate initiatives.
The president can believe what he wants to believe, and at this point, there appears to be no convincing him otherwise.
U.S. stocks closed out Joe Biden’s era on a high note as the president bids farewell to the White House. The 46th president of the United States is bringing his time at the White House to a close with the S&P 500 up over 55% since he took office on Jan.
Historians say it will take years to fully assess Joe Biden's legacy, but several spoke to ABC News to offer a glimpse of their view on his presidency.
President Joe Biden will leave the White House with ... according to the Economic Policy Institute. High inflation was Biden’s (and, ultimately, presidential candidate Vice President Kamala ...
Biden kept 33 promises. He compromised on 32. And he broke 34 promises. Here's what he did and didn't accomplish.