Inflation and Economic Uncertainty Weigh On U.S.

On Tuesday, the U.S. stock market stumbled with the Nasdaq dropping to a new low for the year and the Dow sliding more than 800 points. The turbulent market is a result of rising inflation and so far, the Biden administration’s Fed has signaled its solution may be to raise interest rates once more. The economy continues to be a main concern for American voters, like Ohioans who are heading to the polls for a Senate primary on May 3rd. Democrat Congressman Tim Ryan is running for Senate in Ohio, and he joins the podcast to break down why the prosperity of the U.S. economy relies on taking on China, his goal to rebuild the middle class, and his strategy for running against Republicans in a red state.

This Wednesday, Russia halted its supply of gas to Poland and Bulgaria in an act the two countries describe as blackmail for refusing to pay for the resource in rubles. Despite all the sanctions the U.S. and other countries have imposed on Russia for their attacks on Ukraine, President Vladimir Putin claims the country’s economy is still strong. Senator Steve Daines (R-MT) was the first U.S. Senator to visit Ukraine since Russia’s invasion. He joins the Rundown to discuss the horrific sights he witnessed on his trip, the investigation into Russian war crimes, and the long-term impact the war in Ukraine could have on the oil and gas industry.

Plus, commentary by Jimmy Failla, host of “Fox Across America with Jimmy Failla.”