Joe Biden
5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Markets looking up U.S. stock futures pointed to a rally Friday morning, a day after the three major indexes posted mixed results. On Thursday, the Dow finished […]
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Justice Department seeks to unseal Trump raid search warrant, Attorney General Garland says
Attorney General Merrick Garland said Thursday that the Justice Department has asked a federal judge to unseal a search warrant used by the FBI to raid the Florida home of former President Donald Trump three days earlier. The decision came after days of pressure by Republican lawmakers and other allies of Trump on the Justice […]
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How the EV tax credits in Democrats’ climate bill could hurt electric vehicle sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV owners. George Frey | Getty Images Proposed tax credits of up to $7,500 for electric vehicles under the Inflation […]
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Biden signs ratification documents approving NATO membership for Finland and Sweden
U.S. President Joe Biden, alongside Vice President Kamala Harris, Swedish ambassador to the U.S. Karin Olofsdotter and Finnish ambassador to the U.S. Mikko Hautala, signs documents endorsing Finland’s and Sweden’s accession to NATO, in the East Room of the White House, in Washington, August 9, 2022. Evelyn Hockstein | Reuters WASHINGTON — President Joe Biden signed ratification documents Tuesday […]
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How Wall Street wooed Sen. Kyrsten Sinema and preserved its multi-billion dollar carried interest tax break
U.S. Senator Kyrsten Sinema (D-AZ) waits for an elevator to go to the Senate floor at the U.S. Capitol in Washington, U.S. August 2, 2022. Jonathan Ernst | Reuters Long before Sen. Kyrsten Sinema, D-Ariz., held up a massive spending bill that promised to create jobs, invest in clean energy and tax the rich — […]
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Mike Pence says FBI search of Trump’s home raises ‘deep concern,’ urges Garland to explain
Former U.S. Vice President Mike Pence speaks during the Young America’s Foundation Student Conference on July 26, 2022 in Washington, DC. Pence outlined a conservative agenda and took questions about Taiwan and his relationship with former President Donald Trump. Nathan Howard | Getty Images Former Vice President Mike Pence expressed “deep concern” Tuesday about the […]
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Micron to invest $40 billion in U.S. chip manufacturing
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC Micron announced Tuesday it will invest $40 billion between now and 2030 to manufacture chips in the U.S. The investment is supported by grants and credits from the CHIPS and Science Act, which President Joe Biden will sign on Tuesday. Micron said it will create up to […]
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Biden to sign China competition bill to boost U.S. chipmakers
From left, Reps. Jan Schakowsky, D-Ill., Lizzie Fletcher, D-Texas, Speaker of the House Nancy Pelosi, D-Calif., Lisa Blunt Rochester, D-Del., and Eddie Bernice Johnson, D-Texas, are seen after a bill enrollment ceremony for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022, on the West Front of the U.S. Capitol on […]
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Taiwanese foreign minister says China drills part of a game-plan for invasion
Taiwan Foreign Minister Joseph Wu. Sam Yeh | AFP | Getty Images Taiwan’s foreign minister said on Tuesday that China was using the military drills it launched in protest against U.S. House Speaker Nancy Pelosi’s visit as a game-plan to prepare for an invasion of theself-ruled island. Joseph Wu, speaking at a press conference in […]
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Jan. 6 committee to depose Pennsylvania GOP gubernatorial nominee Doug Mastriano
Republican gubernatorial candidate Doug Mastriano gives a victory speech at his election-night party at The Orchards on May 17, 2022 in Chambersburg, Pennsylvania. Michael M. Santiago | Getty Images Doug Mastriano, the Republican nominee for governor of Pennsylvania, plans to appear Tuesday for a deposition by the House select committee investigating the Jan. 6 Capitol […]
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