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May 23, 2022

Joe Biden

U.S. announces major Asia economic deal in effort to boost profile, counter China

CNBC
by CNBC026
CNBC – For more and to sign up click here U.S. President Joe Biden, pictured here on Thursday, April 21, 2022, has launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with a dozen initial partners. Yuri Gripas | Abaca | Bloomberg | Getty Images In a move to raise its......
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‘The next era of humanity’s technological development’: U.S. and its Asian allies get serious about semiconductors

CNBC
by CNBC022
CNBC – For more and to sign up click here TOKYO — As U.S. President Joe Biden visits Japan and South Korea, the three countries are looking for common ground on the world stage. One place they’re finding it is semiconductors. A first stop for Biden on his first swing......
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Biden’s formula stunt, not solution and other commentary

NYPost
by NYPost00
Post Editorial Board “If you let markets work, there would be no need for a performative baby formula airlift orchestrated by the White House.” Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...
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Another baby formula shipment from Europe to arrive in the U.S. on Wednesday

CNBC
by CNBC028
CNBC – For more and to sign up click here Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, May 10, 2022. Kaylee Greenlee Beal | Reuters FedEx Express has secured a government contract to bring another shipment of infant formula to the......
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Hyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics

CNBC
by CNBC027
CNBC – For more and to sign up click here Drew Angerer | Getty Images News | Getty Images Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like autonomous driving, robotics, and A.I. The investment......
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Student loan forgiveness could be around the corner. What to do while you wait

CNBC
by CNBC035
CNBC – For more and to sign up click here Kool99 | Istock | Getty Images Contact your lender Because of the pandemic-era payment pause on student loan bills, most borrowers haven’t made a payment in more than two years. Now the bills are set to arrive in mailboxes again......
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‘We’re sorry’ for U.S. baby formula shortage, Abbott CEO Ford says in Washington Post op-ed

CNBC
by CNBC027
CNBC – For more and to sign up click here The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022. Jeff Kowalsky | AFP | Getty Images Abbott Laboratories CEO Robert Ford apologized Saturday in a new op-ed for his company’s role in a nationwide shortage of baby formula,......
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Biden tops list of Americans banned from traveling to Russia, but Trump is not on it

CNBC
by CNBC031
CNBC – For more and to sign up click here President Donald Trump and Russian President Vladimir Putin arrive for a joint news conference after their meeting in Helsinki, July 16, 2018.  Grigory Dukor | Reuters President Joe Biden made Russia’s “blacklist” but former President Donald Trump didn’t. Russia’s Foreign......
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Biden signs $40 billion aid package to Ukraine while in Seoul | CNN Politics

CNN
by CNN01
USA TODAY – For more and to sign up click here Seoul CNN  —  President Joe Biden on Saturday signed the $40 billion aid package to Ukraine, a White House official said, after the bill was flown to Seoul. The Senate passed it following Biden’s departure from Washington. The confirmation......
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$40B will head to Ukraine as Biden signs aid bill while overseas

CBS News
by CBS News01
CBS News – For more and to sign up click here President Biden on Saturday signed legislation to support Ukraine with another $40 billion in U.S. assistance as the Russian invasion approaches its fourth month. The legislation, which was passed by Congress with bipartisan support, deepens the U.S. commitment to......
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Hyundai to invest $5.5 billion to build EVs and batteries in Georgia

CNBC
by CNBC030
CNBC – For more and to sign up click here The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirmed plans to spend......
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10-year Treasury yield drops, continuing trend of falling rates this week

CNBC
by CNBC023
CNBC – For more and to sign up click here Treasury yields dropped Friday, continuing a trend of falling rates this week in the face of rising recession fears. The yield on the benchmark 10-year Treasury note fell 7 basis points to 2.788%. The yield on the 30-year Treasury bond......
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Elon Musk blasts Biden administration, Democrats on Twitter over ‘hate,’ sidelining of Tesla

CNBC
by CNBC028
CNBC – For more and to sign up click here Tesla CEO Elon Musk on Friday blasted the Biden administration and Democrats on Twitter, as the world’s richest man doubled down on his vow to vote for Republicans. Musk in a tweet accused the Biden administration of doing “everything it......
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Jan. 6 panel seeks information from GOP Rep. Loudermilk about Capitol tour he led day before Trump riot

CNBC
by CNBC027
CNBC – For more and to sign up click here Rep. Barry Loudermilk, R-Ga., attends a House Financial Services Committee hearing in Rayburn Building titled “Financial Industry Regulation: the Office of the Comptroller of the Currency,” on June 13, 2018. Tom Williams | Cq-roll Call, Inc. | Getty Images The......
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Fetterman raises $1.6 million in one day after winning Pennsylvania Democratic Senate primary, campaign says

CNBC
by CNBC01
CNBC – For more and to sign up click here John Fetterman, lieutenant governor of Pennsylvania and Democratic senate candidate, speaks in a recorded message during a primary election night event in Pittsburgh, Pennsylvania, US, on Tuesday, May 17, 2022. Justin Merriman | Bloomberg | Getty Images Pennsylvania Lt. Gov.......
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Rising fuel costs are a massive problem for business and consumers — Here’s why they’re so high

CNBC
by CNBC01
CNBC – For more and to sign up click here A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images The surge in gasoline prices is impossible to miss and at the top......
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Billionaire Elon Musk says he doesn’t plan to donate to GOP super PACs in upcoming elections — despite feud with Biden

CNBC
by CNBC025
CNBC – For more and to sign up click here Billionaire entrepreneur Elon Musk says he has no current plans to fund a Republican super PAC in the upcoming U.S. elections, including any that oppose President Joe Biden in the 2024 presidential race. The Tesla and SpaceX CEO, who is......
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Biden says Sweden and Finland have the ‘full backing’ of the United States to join NATO

CNBC
by CNBC024
CNBC – For more and to sign up click here US President Joe Biden, Swedens Prime Minister Magdalena Andersson and Finlands President Sauli Niinistö arrive to speak in the Rose Garden following a meeting at the White House in Washington, DC, on May 19, 2022. Mandel Ngan | AFP |......
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