Biden administration to invest $1.2 billion in projects to suck carbon out of the air
The Biden administration will announce on Friday its first major investment to kickstart the US carbon removal industry -- something energy experts say is key to getting the country's planet-warming emissions under control.
2023-08-11 17:26
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:46
Fox Business to host second GOP primary debate
The second Republican presidential debate, which will be held at the Ronald Reagan Presidential Library on September 27 in California, will air on Fox Business, according to news release from the Republican National Committee. Univision and Rumble will also partner with Fox Business on the debate.
2023-08-10 06:16
Biden administration to announce new bans on investments in China meant to protect national security
President Joe Biden's administration plans to detail new rules Wednesday limiting US investments in advanced technology industries in China, according to people familiar with the plans, in an effort to protect national security at a moment of heightened tension with Beijing.
2023-08-09 21:50
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
2023-08-08 04:48
Who's on strike and who's close? Labor unions are flexing
There are multiple stories involving strikes and unions in the news recently. Here's what's going on in this moment for American unions and how it could affect everyone's life.
2023-08-05 22:23
'This isn't some random dude with a duffel bag': To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical companies, the latest step in a renewed attempt to crack down on the multibillion-dollar fentanyl trade that kills thousands of Americans each year.
2023-08-05 19:24
Economic conditions -- and perceptions -- are critical for Biden in Michigan
Michigan Gov. Gretchen Whitmer said it would be foolish for Democrats to view the presidential race with an air of overconfidence or presumed victory, despite persistent signs of economic growth under President Joe Biden and another criminal indictment facing his leading Republican challenger, former President Donald Trump.
2023-08-05 07:28
Biden is putting his name on economic progress, but will voters just drive right by?
For Biden, taking credit for an improving economy — including the jobs and growth made possible by the trillion-dollar public works law — has become a political imperative, one that will help determine whether he is reelected to a second term.
2023-08-05 00:16
Inside how Biden's frustrated advisers crafted an 'aggressive' response to Fitch's downgrade of US credit
Outreach from Fitch Ratings to the Treasury Department on Monday afternoon set off a frenzy inside the Biden administration to respond to news that would once again put President Joe Biden's handling of the economy under the microscope.
2023-08-03 19:28
Here's what's in DeSantis' economic plan
Florida Gov. Ron DeSantis is positioning himself as the economic defender of the American family, building on his claim that he is protecting them culturally. The 2024 Republican presidential candidate on Monday released a 10-point economic plan, which he describes as a "Declaration of Economic Independence."
2023-08-01 20:46
Takeaways from presidential super PACs' mid-year financial disclosures
Super PACs backing presidential candidates released their semi-annual financial disclosures on Monday, with the group supporting Florida Gov. Ron DeSantis' bid for president leading the pack with a $130 million haul.
2023-08-01 13:26