The Dow Jones Industrial Average rallied on comments by President Joe Biden, with Apple (AAPL) one of the top performers. JPMorgan Chase (JPM) led bank stocks higher after the firm gave bullish guidan...
Tag: biden
Geopolitics Takes A Back Seat As Biden Drops Sanctions On Venezuela
When Biden sent a delegation to Caracas in early March, rumors began to circulate that the U.S. was considering reopening relations with Venezuela as oil prices soared. Now, after a period of silence ...
Exposed By Putin, The Energy Know-Nothings Must Now Go Away
US Secretary of State John Kerry (L) speaks with Russia’s President Vladimir Putin during a meeting … [+] at the Kremlin in Moscow on December 15, 2015. / AFP / POOL / MANDEL NGAN (Photo c...
Biden Adviser Says US Economy Can Withstand Fed Inflation Fight
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg White House economic adviser Brian Deese stopped short of ...
Judge Blocks Biden Administration From Ending Title 42 Migrant Policy
Topline A federal judge on Friday afternoon blocked the Biden Administration from letting the controversial Title 42 migrant policy expire on Monday as planned, amid concerns it would accelerate a gro...
Biden imposes stricter rules on crypto
The ups and downs in the value of major crypto, including of course Bitcoin, combined with the debacle of the Terra (LUNA) ecosystem, has instilled worries in the Biden leadership. Biden’s US returns...
In 2011, Venezuela Was No. 4 For U.S. Oil Imports; In 2021, It Was Russia
Venezuelan President Nicolas Maduro called a demonstration in the summer of 2019, complete with a … [+] hand-held sign in English, after former U.S. President Donald Trump imposed an economic em...
Fox News Hosts Take A Victory Lap Over The Fate Of Biden Administration Disinformation Board
Fox News host Sean Hannity, shown speaking during a taping of his show, “Hannity,” in New York. (AP … [+] Photo/Frank Franklin II, File) ASSOCIATED PRESS After weeks of blasting it a...
Biden Invokes Defense Production Act To Require Manufacture Of Baby Formula Ingredients
Topline President Joe Biden is invoking the 1950 Defense Production Act (DPA) to make companies produce vital baby formula ingredients as part of a raft of new measures to lessen the ongoing national ...
Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds
“Instead of focusing on the lack of client asset segregation at digital asset exchanges, which is also true with securities held in ‘street name’ at DTCC, legislators should work on a Digital Asset In...
Biden invokes Defense Production Act to boost baby formula manufacturing to ease shortage
President Joe Biden on Wednesday invoked the Defense Production Act to increase baby formula manufacturing to ease a nationwide shortage caused by the closure of a key plant in Michigan. Biden is requ...
Jeff Bezos Accuses Joe Biden of ‘Misdirection’ on Inflation
Billionaire businessman Jeff Bezos has accused Joe Biden of “misdirection” after the U.S. President argued that increasing corporation taxes could ease inflation. The argument arose with U.S. inflatio...
Hyundai’s Inaugural Move Into Healthcare: Enabling Prescription Drug Delivery
Hyundai Motor Group is a world renowned automobile company, known for pushing the bounds of technology and innovation. The company has diversified into a variety of different service lines, including ...
Biden Administration Eases Trump-Era Cuba Restrictions
Topline The Biden Administration will add flights from the United States to Cuba, let U.S. residents send more money to Cubans and restore a program designed to help Cuban relatives of U.S. citizens d...
Biden Administration And Jeff Bezos Square Off Over Inflation
Topline A spat between the White House and Amazon founder Jeff Bezos over President Joe Biden’s fiscal policies intensified Monday, with Bezos accusing Biden of disregarding inflation while the White ...
Biden ‘Endorsed’ Fed ‘Shock Therapy’—Why The $1 Trillion Bitcoin, Ethereum And Crypto Price Crash Could Be Just Getting Started
Bitcoin BTC and cryptocurrency prices have been hit by an almighty sell-off this month, wiping around $1 trillion from the crypto market since early April—though Elon Musk surprised some by signaling ...
The Price Of Bitcoin Is Plummeting The Biden Administration Is Working To Keep Him Out Of Your 401(k) Plan (k)
The Department of Labor did not put bitcoin on a no-fly list, it does have severe concerns about the appropriateness of investing in digital assets. This means that if an employee’s 401(k) bitcoin ass...
Here’s How The Biden Administration Plans To Tackle The Baby Formula Shortage
Topline The White House announced new actions Thursday to make baby formula more available, as a major shortage leaves parents struggling to find food for their infants due to inflation, supply chain ...
Biden Reportedly Tells National Archives To Give 8th Batch Of Trump Records To Jan. 6 Panel
Topline President Joe Biden has declined to assert executive privilege over an eighth batch of Trump Administration documents requested by lawmakers investigating the Capitol riot, the Washington Post...
Republicans Are Warming To Biden’s Handling Of Ukraine Crisis, Poll Finds
Topline Though public opinion on the Biden Administration’s response to the war in Ukraine remains divided along party lines, Republican disapproval has fallen by 12 percentage points in the past two ...
What To Do After The Stock Market Plunge; Biden Inflation Speech Next| Investor’s Business Daily
Dow Jones futures moved higher late after today’s stock market plunge, as the major stock indexes sold off with heavy losses to hit new correction lows. Up next, President Joe Biden’s spee...
Biden Signs Bill To Accelerate Military Aid To Ukraine Using WWII-Era Lend-Lease Program
Topline President Joe Biden on Monday signed into law a bill making it easier for the U.S. to provide weapons to Ukraine, by reviving a process previously used by the U.S. to support the Allies during...
Biden calls Congress to pass major Ukraine aid package before new Covid funding
U.S. President Joe Biden delivers remarks during a Rose Garden event at the White House in Washington, May 9, 2022. Kevin Lamarque | Reuters President Joe Biden urged Congress on Monday to quickly app...
Biden Reaps Record Tax Haul on Meme Stocks’ Once-and-Done Frenzy
(Bloomberg) — The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring — shrinking the budget deficit and surpri...
White House Announces Cost Cutting-Deal With Internet Companies
Topline The White House on Monday announced plans to boost access to high-speed internet for low-income families, building on existing federal subsidies and effectively giving millions of Americans fr...
To counter China, Biden launches 3D printing initiative with GE Aviation and other large firms
US President Joe Biden’s administration announced on Friday a new initiative that would boost manufacturing of 3D printed products by domestic small- and medium-enterprises (SMEs), an effort tha...