Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images) Getty Images The Bureau of Labor Statistics released its monthly inflation report this week showing ...
Tag: biden
Biden administration extends transportation mask mandate for 15 more days
Travelers wait in line at a Transportation Security Administration (TSA) screening checkpoint at Orlando International Airport on the Friday before Memorial Day. As more and more people have received ...
Biden Accuses Russia Of Committing ‘Genocide’ In Ukraine For First Time
Topline President Joe Biden called Russia’s actions in Ukraine a “genocide” during a speech in Iowa on Tuesday, an allegation he reiterated while speaking to the media later that day, marking the firs...
Who should address Stablecoin Regulations, Biden Administration or Congress?
Stablecoins have encountered 500% development since October 2021 Many are confused as to whether the dollar-pegged asset should fall under the umbrella of existing rules Liberals are separated on whe...
Canada, Not Russia, Now Leading U.S. Importer Of Refined Petroleum Products
After two years with Russia on top in the value of U.S. imports of refined petroleum products, … [+] Canada is running ahead of Russia through February. ustradenumbers.com Canada now leads Russi...
Biden and Musk to bury hatchet, now they are on same team?
The Biden administration have announced that senior officials held a meeting Wednesday to discuss electric vehicles and charging infrastructure. Amongst the attendees were General Motors CEO Mary Barr...
It’s ‘very unfair to blame President Biden,’ says oil analyst
Oil executives on Capitol Hill defended their companies as Democratic lawmakers launched accusations of price gauging at the pump during a hearing hosted by the House Committee on Energy & Commerc...
Cathie Wood And Michael Saylor Take A Victory Lap Over Bitcoin Skeptics Coming Around
MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood Bitcoin 2022 Taking the stage at the Bitcoin 2022 conference in Miami, MicroStategy CEO Michael Saylor and Ark Invest CEO Cathie Wood ar...
President Biden is preparing to announce picks for SEC commissioners: Report
United States President Joe Biden is reportedly planning to nominate two commissioners with different political party affiliations to the Securities and Exchange Commission. According to a Wednesday r...
Mocked as ‘Rubble’ by Biden, Russia’s Ruble Comes Roaring Back
(Bloomberg) — In the days after the Ukraine war began, the ruble’s collapse was a potent symbol of Russia’s newfound financial isolation. Most Read from Bloomberg International sanctions on Vlad...
Biden Signs Postal Service Reform Bill Into Law—Here’s What It Means For Your Mail
Topline After years of revenue losses and widely criticized mail delays, President Joe Biden signed a bill into law Wednesday that will combat the U.S. Postal Service’s ailing financial condition and ...
Most Republicans Okay With Trump Asking Putin For Dirt On Hunter Biden, Poll Suggests
Topline A new poll released Wednesday found more than two thirds of Republican respondents didn’t have a problem with former President Donald Trump asking Russian President Vladimir Putin for disparag...
Biden Extends Pause On Student Loan Payments Through August 31
Topline President Joe Biden on Wednesday announced the nationwide moratorium on federal student loan repayments will be extended again, from May 1 to August 31. Federal student loan payments havenR...
Biden Will Reportedly Ban New Russian Investments In Latest Round Of Sanctions
Topline The United States and its allies are planning to ban all new investment in Russia on Wednesday, several news outlets reported, part of a broader package of sanctions set to be issued just days...
Biden administration to launch long Covid research plan
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditor...
Cancellation Of Keystone XL Comes Back To Haunt America
“keystone pipeline protestors in silhouette with man holding ‘NO XL’ sign, panoramic frame (XXXL)” getty The Wall Street Journal carried a report on Tuesday detailing meetings ...
EU Chief Von Der Leyen Will Visit Zelensky In Kyiv As More Countries Expel Russian Diplomats Over Bucha
Topline European Commission president Ursula von der Leyen will travel to meet Ukrainian President Volodymyr Zelensky in Kyiv this week, according to the chief spokesperson for the Commission on Tuesd...
Biden’s Wasteful SPR Release
Gasoline price increases typically lead to decreased approval ratings for incumbents no matter the … [+] political party. getty President Biden’s release of 180 million barrels, one million per ...
Biden Wants Oil Companies to Pay Penalties on Unused Drilling Leases
(Bloomberg) — U.S. President Joe Biden wants oil drillers to pay penalties when federal leases go unused in an effort to prod the industry into pumping more. Most Read from Bloomberg The White H...
Restarting Keystone XL construction ‘wouldn’t actually increase supply’ of oil: top Biden adviser
“‘Any action on Keystone wouldn’t actually increase supply, and it would transmit oil years in the future.’” — National Economic Council Director Brian Deese That’s the White House’s top economic advi...
The Fall And Rise Of The U.S. 1% [Infographic]
The Biden administration is in the process of proposing a minimum income tax rate of 20% on households worth $100 million and more. The proposal, which is expected to be released Monday, will also tar...
Biden Administration Wants New Vehicles To Average 49 MPG By 2026
A customer pumps gasoline into his car at a station in Mill Valley, California. Getty Images The Biden Administration, which is pushing automakers to get more electric vehicles on the road, is setting...
Opinion: Is the Biden Crypto Executive Order All It’s Cracked Up to Be?
Joe Biden – despite being a perpetual screw up since his first day in the White House (or the White House studio set) – has managed to grease the wheels somewhat with crypto analysts and traders in th...
Biden Administration’s 2023 Tax Policy Includes Many Key Changes For Crypto Traders And Investors
President Joe Biden speaks about the March jobs report in the State Dining Room of the White House, Friday, April 1, 2022, in Washington. (AP Photo/Patrick Semansky) ASSOCIATED PRESS What Happened On ...
Dow Jones Dives As Biden Taps Emergency Oil, Inflation Gauge Hits 39 Year High
The Dow Jones Industrial Average fell as President Joe Biden tapped the nation’s emergency oil reserves amid spiraling prices. The Fed’s favorite inflation gauge also spiked to the highest...
Amid Spiking Gas Prices, Biden & California Democrats Propose Tax Hikes On Energy Suppliers
U.S. US President Joe Biden speaks at Long Beach City College. (Wally Skalij / Los Angeles Times via … [+] Getty Images) Los Angeles Times via Getty Images High gas prices have prompted governor...
Biden says latest Strategic Petroleum Reserve release could cut gas prices 10 to 35 cents per gallon — but some experts worry about long-term costs
President Joe Biden announced Thursday the daily release of 1 million barrels of oil from the country’s reserves for the next six months as a way to bring down gas prices that have been breaking recor...
Biden to invoke Defense Production Act for EV battery materials
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...
Biden Administration Orders Record Oil Release From Strategic Reserve
Topline President Joe Biden will release 1 million barrels of oil per day from the Strategic Petroleum Reserve over six months, in the largest use yet of the federal emergency stockpile, the White Hou...
What President Biden releasing oil from reserves may mean for gas prices
President Biden signing off on an oil release from the Strategic Petroleum Reserve (SPR) to cool elevated prices may have some effect, but not a ton, warns Goldman Sachs. “Conceptually, such a r...