Tag: biden
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Opinion: Fed officials were slow to fight inflation. Now they may be too easy on it.
[ad_1] Political pressures on the U.S. Federal Reserve and President Joe Biden’s economic agenda have delivered a painful blow — inflation still above the Fed’s 2% target, high interest rates and declining living standards. COVID-induced supply chain disruptions can be blamed for about half of the surge in inflation that began in early 2021. Most of the…
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Are we still going to have a recession? Maybe next year.
[ad_1] A U.S. recession is still possible, economists say. They’re just not entirely sure when. “I think that a gradual slowdown will still result in a recession,” said senior economist Ben Ayers of Nationwide. “The timing of this is highly difficult to pin down.” Ayers is far from alone. Many Wall Street economists think a…
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Opinion: Ukraine’s membership in NATO is needed to keep critical technology from China
[ad_1] The future of Ukraine in the NATO alliance will prove critical to the balance of power in the Pacific and U.S. economic leadership around the world. Tensions within NATO on the embattled nation’s status were on full display at the Vilnius Summit last week. On the agenda was Ukrainian membership, an issue sidestepped by the United States,…
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AI will require ‘some new laws,’ Biden says, even as tech giants agree to safeguards
[ad_1] Realizing the promise of artificial intelligence by managing its risks will require “some new laws, regulations and oversight,” President Joe Biden said Friday, even as several tech companies agreed to new AI safeguards. Amazon AMZN, +0.34%, Google GOOG, +0.55% GOOGL, +0.52%, Meta META, -2.73%, Microsoft MSFT, -0.66% and other companies voluntarily agreed to steps…
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Biden would beat Trump even if a third-party candidate joins White House race: poll
[ad_1] Voters are more interested in another Joe Biden administration than any third-party option or Donald Trump in 2024, according to polling data from Monmouth University. In another Biden vs. Trump election, a combined 47% of voters say they would definitely or probably vote for President Biden and 40% of voters would definitely or probably…
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Biden touts sale of Gulf of Mexico wind-power leases and jabs at Trump in Philadelphia speech
[ad_1] President Joe Biden on Thursday touted the first sale of offshore-wind-power leases in the Gulf of Mexico as he spoke to workers in the key battleground state of Pennsylvania. Speaking at the Philly Shipyard about his economic agenda, Biden discussed the Interior Department’s Thursday announcement that the sale will be held Aug. 29. It’s…
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Here are the Biden campaign donors who have become U.S. ambassadors — in one chart
[ad_1] A Republican Senate duo is trying to block President Joe Biden’s ambassador nominations, but new research suggests the concern with Biden’s ambassador appointments could run deeper than the duo’s ideological issues. Some appointees might be making up for a shortage of diplomatic experience with a history of campaign donations, according a Campaign Legal Center…