Joe Biden
Op-ed: A new world order is emerging — and the world is not ready for it
DUBAI – “Are we ready for the new world order?” The provocative title of the panel that lead off the ambitiously named World Government Summit here last week was framed to suggest that a new global order is emerging — and the world is not ready for it. There has been a proliferation of writing […]
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Empty canals, dead cotton fields: Arizona farmers are getting slammed by water cuts in the West
Farmer Nancy Caywood stands in what once was an alfalfa field. The land is now fallow after her farm was cut off from accessing water from the San Carlos reservoir. Emma Newburger | CNBC CASA GRANDE, Ariz. — On the drought-stricken land where Pinal County farmers have irrigated crops for thousands of years, Nancy Caywood stopped […]
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Oil reserve release could actually boost prices long-term, analysts say
President Joe Biden announced the largest release of emergency oil reserves on record. Wall Street firms said this could raise crude prices in the long term. Source
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Biden’s top economic advisor says restarting the Keystone XL pipeline now won’t lower oil prices
President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline in response to elevated crude and gasoline prices. National Economic Council Director Brian Deese told CNBC the Biden administration is instead concentrating on policies and strategies that can deliver lower fuel […]
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White House press secretary Jen Psaki plans to leave for an on-air role at MSNBC
U.S. White House press secretary Jen Psaki speaks during a press briefing at the White House in Washington, December 20, 2021. Kevin Lamarque | Reuters President Joe Biden’s press secretary, Jen Psaki, is planning to leave the White House to take an on-air role at MSNBC, a source familiar with the matter told CNBC on […]
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Biden to invoke Defense Production Act for electric vehicle 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 gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 31, […]
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Why Biden’s billionaire minimum income tax may be a tough sell
Josh Gottheimer, D-N.J., talks to reporters in Washington, Nov. 4, 2021. Elizabeth Frantz | Reuters President Joe Biden has proposed a new tax on the ultra-wealthy as part of his 2023 federal budget, aiming to reduce the deficit by about $360 billion. Some experts say it’s unlikely to gain traction in Congress. The “billionaire minimum income tax” calls […]
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U.S. sanctions global network of firms helping the Russian military evade export controls
Armored vehicles of pro-Russian troops drive along a road in the course of Ukraine-Russia conflict near Dokuchaievsk in the Donetsk region, Ukraine March 25, 2022. Alexander Ermochenko | Reuters WASHINGTON — The Treasury Department on Thursday announced sanctions on a global network of individuals and shell companies it says are helping the Russian military to […]
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U.S. to release 1 million barrels of oil per day from reserves to help cut gas prices
U.S. President Joe Biden announces new actions against Russia for its war in Ukraine, during remarks in the Roosevelt Room at the White House in Washington, U.S., March 8, 2022. Kevin Lemarque | Reuters The U.S. will release 1 million barrels of oil per day from its strategic reserves to help cut gas prices and […]
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Amazon hired an influential Democratic pollster to fight Staten Island union drive
Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Amazon tapped an influential consulting and polling firm with close ties to Democratic political groups to help the company thwart a critical unionization effort at a Staten Island, New York, warehouse, CNBC has […]
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