President Biden assured the American public that despite the collapse of two major banks over the weekend, taxpayers and depositors should not be worried. One America’s Chief White House correspondent Chanel Rion has more.
Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest rate hike next week despite recent banking industry turmoil. The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. […]