Joe Biden
Medicare’s new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says
Most Medicare patients who hit the new $2,000 cap on out-of-pocket spending for prescription drugs could see massive savings, despite changes in premiums, according to a report released Thursday by AARP. The findings suggest the cap could be a huge benefit to older adults in Medicare who struggle to afford high-cost drugs for cancer, rheumatoid […]
Read More
Biden administration looks for ways to keep TikTok available in the U.S.
A view shows the office of TikTok after the U.S. House of Representatives overwhelmingly passed a bill that would give TikTok’s Chinese owner ByteDance about six months to divest the U.S. assets of the short-video app or face a ban, in Culver City, California, March 13, 2024. Mike Blake | Reuters President Joe Biden’s administration […]
Read More
Israel-Hamas agree to ceasefire and hostage deal, NBC News says
Palestinians gather on the rubble of a house destroyed in an Israeli strike at the Nuseirat refugee camp in the central Gaza Strip on November 12, 2024, amid the ongoing war between Israel and Hamas. Majdi Fathi | Nurphoto | Getty Images A ceasefire and hostage deal between Israel and Hamas has been reached, NBC […]
Read More
There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
Key Points “There has been a meaningful shift in CEO confidence, particularly following the results of the U.S. election,” Goldman Sachs CEO David Solomon said, according to a transcript from FactSet. Donald Trump, who is set to return to the White House on Monday, is seen as broadly more business-friendly than outgoing President Joe Biden. […]
Read More
Biden administration finalizes crackdown on Chinese vehicles
Chinese made BYD passenger battery electric vehicles and plug-in hybrid electric vehicles collectively known as new energy vehicles in China in a compound in Sheerness, Kent. Issue date: Thursday April 4, 2024. Gareth Fuller | Pa Images | Getty Images President Joe Biden’s outgoing administration is finalizing rules on Tuesday that will effectively bar nearly […]
Read More
Biden opens federal land for AI data centers, sets rules for developers
U.S. President Joe Biden delivers a speech at the State Department in Washington, U.S. Jan. 13, 2025. Evelyn Hockstein | Reuters President Joe Biden issued an executive order Thursday aimed at speeding domestic construction of artificial intelligence infrastructure and shoring up the national security risk involved in the technology. The move empowers the U.S. Department […]
Read More
U.S. Justice Department releases report on Trump attempt to overturn 2020 election
Special Counsel Jack Smith makes a statement to reporters about the 37 federal charges returned by a grand jury in an indictment of former U.S. President Donald Trump on charges of unauthorized retention of classified documents and conspiracy to obstruct justice as Smith speaks at his offices in Washington, U.S. June 9, 2023. Jonathan Ernst […]
Read More
China considers selling TikTok U.S. operations to Musk, Bloomberg reports
Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to […]
Read More
Trump plans limited inauguration festivities despite massive fundraising haul
A member of the U.S. Army Herald Trumpets participates in a rehearsal for inauguration on the West Front of the U.S. Capitol on January 12, 2025 in Washington, DC. Kevin Dietsch | Getty Images Donald Trump’s presidential transition team on Monday released a schedule of official parties, gatherings and other events that will surround his […]
Read More
Watch live: Biden delivers his final foreign policy speech
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is delivering an address aimed at highlighting his foreign policy achievements in office. The Democratic president’s speech at the State Department in Washington is billed as a […]
Read More