Josh Boak

Stay informed with Josh Boak’s coverage and analysis for Fortune.

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Speaker of the House Kevin McCarthy, R-Calif., joined at far left by House Majority Leader Steve Scalise, R-La., holds an event to mark 100 days of the Republican majority in the House, at the Capitol in Washington, Monday, April 17, 2023. In a speech Monday at the New York Stock Exchange, the Republican leader accused President Joe Biden of refusing to engage in budget-cutting negotiations to prevent a debt crisis. (AP Photo/J. Scott Applewhite)

Biden slams House Speaker McCarthy’s debt plan as ‘huge cuts to important programs’ used by millions of Americans

By Lisa Mascaro, Kevin Freking, and others

FILE – President Joe Biden speaks about jobs during a visit to semiconductor manufacturer Wolfspeed Inc., in Durham, N.C., Tuesday, March 28, 2023. Biden keeps seeing good economic news and bad public approval ratings. The unemployment rate fell to 3.5% in March. More than 236,000 jobs were added. But there has been no political payoff for the president. (AP Photo/Carolyn Kaster, File)

Pessimism on economy and fears of unemployment hurt Biden in polls despite low jobless rate

By Josh Boak and The Associated Press

FILE – In this image taken from video, Managing Director Kristalina Georgieva of the International Monetary Fund speaks at the opening ceremony of the Boao Forum for Asia in Boao in southern China’s Hainan Province, March 30, 2023. The International Monetary Fund chief is warning the world economy is expected to grow less than 3% in 2023, down from 3.4% last year, increasing the risk of hunger and poverty globally. Kristalina Georgieva said Thursday growth is expected to remain around 3% for the next five years, calling it “our lowest medium-term growth forecast since 1990.” (AP Photo/Dake Kang, File)

The IMF warns that the next 5 years will have the slowest growth since 1990 and it could be a ‘severe blow’ to the world economy

By Fatima Hussein, Josh Boak, and others

BRUSSELS, BELGIUM – JANUARY 17: United States Trade Representative Katherine Chi Tai talks to the media following a bilateral meeting in the Berlaymont, the EU Commission headquarters on January 17, 2022 in Brussels, Belgium. (Photo by Thierry Monasse/Getty Images)

Top U.S trade negotiator says allies annoyed about Washington’s policy should stop complaining and propose their own ideas

By Paul Wiseman, Josh Boak, and others

FILE – President Joe Biden speaks about his administration’s plans to protect Social Security and Medicare and lower healthcare costs, Feb. 9, 2023, at the University of Tampa in Tampa, Fla. In the federal budget standoff, the majority of U.S. adults are asking lawmakers to pull off the impossible: Cut the overall size of government, but also devote more money to the most popular and expensive programs. (AP Photo/Patrick Semansky, File)

Americans want it all—less government spending, but more funds for their favorite expensive programs, poll shows

By Josh Boak, Hannah Fingerhut, and others

FILE – President Joe Biden speaks at the White House Conservation in Action Summit at the Department of the Interior, March 21, 2023, in Washington. Approval of Biden has dipped slightly since a month ago, nearing the lowest point of his presidency as his administration tries to project a sense of stability while confronting a pair of bank failures and inflation that remains stubbornly high. That’s according to a new poll by The Associated Press-NORC Center for Public Affairs Research, which shows there have been modest fluctuations in support for Biden over the past several months. (AP Photo/Evan Vucci, File)

President Biden’s approval rating has sunk near record lows as Americans worry about bank failures and inflation

By Josh Boak, Emily Swanson, and others

Council of Economic Advisers Chair Cecilia Rouse, right, accompanied by White House press secretary Karine Jean-Pierre, left, and Office of Management and Budget Director Shalanda Young, center, speaks at a press briefing at the White House in Washington, Friday, March 10, 2023. (AP Photo/Andrew Harnik)

Investment in child care creates a ‘robust labor force,’ reduces crime and delivers outsized returns, according to a new White House report

By Josh Boak and The Associated Press

President Joe Biden speaks about his 2024 proposed budget at the Finishing Trades Institute, Thursday, March 9, 2023, in Philadelphia. Biden’s federal budget is a statement of his values. It’s a governing philosophy that believes the wealthy and large corporations should pay more taxes to help stem deficits and lift Americans toward middle class stability. (AP Photo/Matt Rourke)

Biden’s budget battle with House Republicans is blueprint for debt ceiling fight

By Lisa Mascaro, Josh Boak, and others

FILE – President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., listen. Biden’s upcoming budget proposal aims to trim deficits by nearly $3 trillion over the next decade. That’s according to an administration official who insisted on anonymity to discuss the figures being released Thursday. The level of deficit reduction is significantly higher than the $2 trillion worth of deficit reduction that Biden had promised in his State of the Union address last month. (Jacquelyn Martin, Pool, File)

Biden to propose budget that aims to cut deficits by $3tn in challenge to Republicans

By Josh Boak and The Associated Press

President Joe Biden delivers remarks to the 2023 International Association of Fire Fighters Legislative Conference, Monday, March 6, 2023, in Washington. (AP Photo/Evan Vucci)

Biden hints at billionaire tax and ‘making people pay a fair share’ as he gets ready to unveil his new budget

By Josh Boak and The Associated Press

Joe Biden

Biden’s chips incentives attacked as ‘woke’ by Republican senators

By Josh Boak, Kevin Freking, and others

Train derailment in East Palestine, Ohio.

White House complains that rail companies can be fined no more than $225,000 for safety violations involving hazardous materials

By Josh Boak and The Associated Press

The Georgia-Pacific pulp and paper mill.

Forget about the economy improving this year. Higher unemployment and stagnation are likely, Congressional Budget Office says

By Fatima Hussein, Josh Boak, and others

Lael Brainard

Biden names Fed Vice Chair Lael Brainard as new head of National Economic Council

By Christopher Rugaber, Josh Boak, and others

US President Joe Biden speaks during a State of the Union address

6 key takeaways from Biden’s State of the Union speech: Including calling out billionaires and a potential new reelection campaign slogan

By Josh Boak, Aamer Madhani, and others