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The 2022 United States elections were held on November 8, 2022, with the exception of absentee balloting.During this U.S. midterm election, which occurred during the term of incumbent president Joe Biden of the Democratic Party, all 435 seats in the U.S. House of Representatives and 35 of the 100 seats in the U.S. Senate were contested to determine the 118th United States Congress.
Allan Jay Lichtman (/ ˈ l ɪ k t m ən /; born April 4, 1947) is an American historian.He has taught at American University in Washington, D.C. since 1973.. Lichtman created The Keys to the White House system with Soviet seismologist Vladimir Keilis-Borok in 1981.
Annual inflation increased to 8.3% in August 2022, in part due to rising grocery prices. [154] In September, the Fed increased the interest for a fifth time in the year reaching a 14-year high. [155] In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156]
Unemployment Will Fall To 5.3%. Just like Goldman Sachs predicted U.S. GDP to rise to 5.3% in 2021, it also expects unemployment to fall to the same 5.3% rate.
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The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022.
The 2022 Atlantic hurricane season was a destructive and deadly Atlantic hurricane season.Despite having an average number of named storms and below average amount of major hurricanes, [nb 1] it became the fourth-costliest Atlantic hurricane season on record, behind only 2017, 2024, and 2005, mostly due to Hurricane Ian.