Joe Biden
Biden authorizes largest yet weapons package for Ukraine, bringing U.S. commitment to $9.8 billion
Ukraine was already stocking up on U.S.-made Javelins before Russia invaded. Here a group of Ukrainian servicemen take a shipment of Javelins in early February, as Russia positioned troops on Ukraine’s border. Sergei Supinsky | AFP | Getty Images WASHINGTON – The Biden administration announced a $1 billion security assistance package for Ukraine on Monday, […]
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Biden says he’s ‘not worried’ about China’s increased aggression toward Taiwan following Pelosi’s visit
U.S. President Joe Biden talks to reporters while boarding Air Force One on travel to Eastern Kentucky to visit families affected by devastation from recent flooding, as he departs from Delaware Air National Guard Base in New Castle, Delaware, U.S., August 8, 2022. Kevin Lamarque | Reuters WASHINGTON — President Joe Biden said Monday that […]
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5 things to know before the stock market opens Monday
A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks look for momentum U.S. equities markets were on track to open higher Monday morning after three […]
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Senate passes sweeping climate, health and tax package, putting Democrats on cusp of historic win
U.S. Senate Majority Leader Chuck Schumer (D-NY) holds a news conference to tout the $430 billion drug pricing, energy and tax bill championed by Democrats at the U.S. Capitol in Washington, U.S. August 5, 2022. Jonathan Ernst | Reuters WASHINGTON — Senate Democrats narrowly passed a sweeping climate and economic package on Sunday, putting President […]
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Eli Lilly says Indiana’s abortion law will lead the drugmaker to grow in other states
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest employers in Indiana, said that the state’s newly passed law restricting abortions will cause the company to grow away from its home turf. […]
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‘Stressed out’ STD clinics struggle to handle surge in monkeypox patients as U.S. outbreak grows
Dr. Emily Drwiega from the University of Illinois Health and Maggie Butler, a registered nurse, prepare monkeypox vaccines at the Test Positive Aware Network nonprofit clinic in Chicago, Illinois, July 25, 2022. Eric Cox | Reuters Dr. Ward Carpenter, co-director of health services at the Los Angeles LGBT Center, said the monkeypox outbreak across the […]
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Schumer says Sinema left ‘no choice’ but to cut carried interest provision from tax and climate bill
U.S. Senate Majority Leader Chuck Schumer (D-NY) holds his weekly news conference after the Democratic caucus party luncheon at the U.S. Capitol in Washington, August 2, 2022. Jonathan Ernst | Reuters Senate Majority Leader Chuck Schumer said Friday that Democrats had “no choice” but to drop a key tax provision from their major spending bill […]
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Watch live: Schumer takes questions on massive climate, tax bill after securing Democratic support
[The stream is slated to start at noon ET. Please refresh the page if you do not see a player above at that time.] Senate Majority Leader Chuck Schumer, D-N.Y., is set to hold a press conference Friday on Democrats’ marquee legislation to tackle tax reform, health care and climate change. Schumer will speak after […]
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Tech industry’s critical policy issues likely tabled as Congress heads for recess
U.S. House Speaker Nancy Pelosi shakes hands with Senate Majority Leader Chuck Schumer at the start of a discussion with historians on how to “establish and preserve the narrative of January 6th” on the one-year anniversary of the attack on the Capitol in Washington, January 6, 2022. Al Drago | Pool | Reuters Congress is […]
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Does the Inflation Reduction Act violate Biden’s $400,000 tax pledge? Expect ‘a different answer depending on who you ask,’ says analyst
Jim Watson | Afp | Getty Images Senate Democrats’ package of climate change, health-care, drug pricing and tax measures unveiled last week has proponents and opponents debating whether the legislation violates a pledge President Joe Biden has made since his presidential campaign, to not raise taxes on households with incomes below $400,000 a year. The answer isn’t […]
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