Category: Biden
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A final look at how the U.S. stock market performed under Joe Biden
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Joe Biden’s time in the White House has been positive for US stocks. -Illustration by MarketWatch/Getty Images, iStockphoto US stocks ended the Joe Biden era on a high note as the president bid farewell to the White House. The 46th President of the United States ended his time in the…
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Biden includes Israel in graphics processor export restrictions
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Outgoing US President Joe Biden dealt a severe blow to Israel, by including it in the restricted category for exporting advanced graphics processors, just a week before he left the White House. Under the new regulations, Israel will be included in a category subject to restrictions on the export of…
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Biden includes Israel in graphics processor export restrictions
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Outgoing US President Joe Biden dealt a severe blow to Israel, by including it in the restricted category for exporting advanced graphics processors, just a week before he left the White House. Under the new regulations, Israel will be included in a category subject to restrictions on the export of…
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Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh
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Nvidia (NVDA) stock fell on Friday along with other chipmakers after a December jobs report pushed expectations of additional interest rate cuts from the Federal Reserve and ahead of expected restrictions on chip exports from the Biden administration. Nvidia stock fell 3%, while AMD (AMD) fell 4.8% and PHLX Semiconductor…
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Biden administration withdraws old-growth forest plan after getting pushback from industry and GOP
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Breadcrumb links PMN BMN Business Article writer: Associated Press Matthew Brown Published on January 7, 2025 • Last updated 1 minute ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Peter Bidlo, an EPA…
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Biden gov’t plans $8b military aid package for Israel
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The administration of US President Joe Biden has informed Congress that it intends to approve an $8 billion military aid package for Israel, Reuters reported yesterday. An aid package of this size requires approval by the House of Representatives and the Senate. It will include air-to-ground munitions and artillery shells.…
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Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters
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Breadcrumb links PMN works President Joe Biden is set to order a ban on new offshore oil and gas development across about 625 million acres of U.S. coastal land, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico. Article…
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Consumer protection agency closes the Biden era taking big swings
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For the Consumer Financial Protection Bureau, the holiday season has been quite quiet. On Friday, the federal watchdog The organization that runs Zelle and three of the largest US banks have been charged over their handling of fraud on the popular payment platform. Monday brought two other major enforcement issues.…
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Biden Mulls Tariff Break for Solar Modules From Mexico
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Breadcrumb links BMN Business The Biden administration is considering exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd. Article writer: Bloomberg News Jennifer A. My bucket Posted on December 21, 2024 • 3 minutes read You can save this article…
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Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian
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Vivek Ramaswamy, a government efficiency aide appointed by Donald Trump, has signaled his intention to scrutinize the loan the Biden administration granted to electric vehicle manufacturer Rivian, a Tesla competitor. Ramaswamy, founder of several biotechnology companies known collectively as “Vans“, is set to take charge of the quasi-official Department of…
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Trump Pitches Detroit Renaissance While Biden Courts Labor Vote
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Breadcrumb links BMN Business Donald Trump and Kamala Harris are moving through “blue wall” states expected to decide the outcome of the US election, and are betting on high-profile events over the weekend to help push voters to the polls on November 5. Article writer: Bloomberg News Riley Griffin, Jenny…
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Trump Pitches Detroit Renaissance While Biden Courts Labor Vote
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Breadcrumb links BMN Business Donald Trump and Kamala Harris are moving through “blue wall” states expected to decide the outcome of the US election, and are betting on high-profile events over the weekend to help push voters to the polls on November 5. Article writer: Bloomberg News Riley Griffin, Jenny…
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US Attorney Generals Ask Biden To Act On Binance Exec’s Detention In Nigeria
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US prosecutors in several states have asked US President Joe Biden to intervene in the detention by Nigerian authorities of Binance CEO Tigran Gembrayan. This development comes months after a similar approach was taken by some US lawmakers who cited concerns about the deteriorating health of the former IRS officer.…
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US Attorney Generals Ask Biden To Act On Binance Exec’s Detention In Nigeria
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US prosecutors in several states have asked US President Joe Biden to intervene in the detention by Nigerian authorities of Binance CEO Tigran Gembrayan. This development comes months after a similar approach was taken by some US lawmakers who cited concerns about the deteriorating health of the former IRS officer.…
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Crypto Industry May Benefit from Kamala Harris Being ‘More Supportive’ Than Joe Biden – Details
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The US cryptocurrency industry may see more support under Kamala Harris’ leadership than the current Joe Biden administration. Harris is more supportive than Biden, and Trump is “undoubtedly” more favorable Alex Thorn, Head of Research at Galaxy Research, recently shared a detailed policy Scorecard On Thorne noted that while a…
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Crypto Industry May Benefit from Kamala Harris Being ‘More Supportive’ Than Joe Biden – Details
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The US cryptocurrency industry may see more support under Kamala Harris’ leadership than the current Joe Biden administration. Harris is more supportive than Biden, and Trump is “undoubtedly” more favorable Alex Thorn, Head of Research at Galaxy Research, recently shared a detailed policy Scorecard On Thorne noted that while a…
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Biden and Netanyahu ‘made significant progress’ on limiting strike on Iran
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A a report In Walla News weighs heavily on oil. It is said that: Prime Minister Benjamin Netanyahu and US President Joe Biden made significant progress during their phone call on Wednesday in reaching an understanding on the scope of Israel’s planned retaliatory action against Iran, according to three senior…
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How Biden could use a 1947 law to suspend the dockworkers’ strike
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Some manufacturers and retailers are urging President Joe Biden to invoke the 1947 law as a way to suspend a strike by 45,000 dock workers that has led to… Closing 36 American ports From Maine to Texas. At issue is Section 206 of the Labor-Management Relations Act of 1947, commonly…
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US says Iran emailed stolen Trump campaign material to Biden camp By Reuters
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Written by Costas Pitas and Kanishka Singh Iranian hackers sent emails containing stolen material from former Republican President Donald Trump’s campaign to people involved in then-Democratic President Joe Biden’s re-election campaign, U.S. agencies said on Wednesday, part of an alleged broader effort by Tehran to influence the U.S. election. “Furthermore,…