Joe Biden
Russia was Pepsi’s second-largest international market. What happens next now that it’s pulled out?
Following Moscow’s invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers. As of April 22, more than 700 U.S. companies have scaled back, suspended or exited their Russian businesses, including Starbucks, McDonald’s and Pepsi, according to the Yale School of Management. Russia is Pepsi’s second-largest international market, after Mexico. The company generated […]
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Ghost drones, helicopters and howitzers: Here’s a look at the weapons the U.S. is sending Ukraine
A Soldier conducts registration and calibration for the M777A2 howitzer weapon system in Syria, Sept. 30, 2021. U.S. Army Spc. Isaiah Scott | U.S. Army WASHINGTON — From heavy artillery to tactical drones to armored vehicles, the U.S. has provided $3.4 billion in weapons to Ukraine since Russia’s invasion two months ago. The latest military aid […]
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5-year Treasury yield hits 3% following Powell’s comments on rate hikes
The 5-year U.S. Treasury yield topped 3% on Friday, after Federal Reserve Chairman Jerome Powell’s suggestion that a 50-basis-point rate hike could be in the cards in May. The yield on the 5-year Treasury note was last down 4 basis points at 2.937%. Earlier in the day it climbed as high as 3.05% and was […]
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Why the U.S. is going after yachts and mansions of Russian billionaire oligarchs
From chasing down yachts to seizing Italian villas, the global effort to punish Russian oligarchs for their financial ties to Vladimir Putin’s invasion of Ukraine has been unprecedented. For its part, the U.S. has arranged its own special task force — known as Task Force “KleptoCapture” — within the Department of Justice to seize the […]
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Obama calls for tech regulation to combat disinformation on social media
Former US President Barack Obama gestures as he speaks at the 2021 climate summit in Glasgow on November 08, 2021. NBC News reports Obama will return to the White House on Tuesday for the first time since he left office to promote the Affordable Care Act in an event alongside President Joe Biden. Jeff J […]
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White House sees strong GDP growth in 2022 despite inflation risks
The White House sees more risks to U.S. economic activity in the months ahead thanks to rising prices and Russia’s invasion of Ukraine, but still expects healthy GDP growth in 2022. A senior administration official told CNBC that the recent rise in energy and food prices — caused in large part by Moscow’s attack on […]
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Biden announces a new program to help Ukrainian refugees enter the U.S.
President Joe Biden delivers remarks on the Russian invasion of Ukraine, in the Roosevelt Room of the White House, Thursday, April 21, 2022, in Washington. Evan Vucci | AP WASHINGTON — President Joe Biden announced a new program Thursday that will expedite the U.S. asylum process for Ukrainian refugees fleeing Russia’s invasion. The “Unite for […]
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Biden says U.S. will send $1.3 billion in additional military and economic support to Ukraine
Ukrainian servicemen taking part in the armed conflict with Russia-backed separatists in Donetsk region of the country attend the handover ceremony of military heavy weapons and equipment in Kiev on November 15, 2018. Sergei Supinsky | AFP | Getty Images WASHINGTON — The United States will send another $800 million security package and an additional $500 […]
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Watch live: Biden announces massive new aid package for Ukraine
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden will announce a new military aid package to Ukraine, which is expected to look similar to the $800 aid million package the U.S. released a week ago. […]
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What we learned from the Biden, Harris tax returns, according to experts
President Joe Biden and Vice President Kamala Harris after Biden signed H.R. 55, the “Emmett Till Antilynching Act,” in Washingtonon March 29, 2022. Samuel Corum | Bloomberg | Getty Images President Joe Biden and Vice President Kamala Harris have released their 2021 tax returns, and there are a few key takeaways for the average American, experts […]
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