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October 22, 2021

Transportation infrastructure

His economic agenda on the line, Biden prepares to fight for tax increases on the wealthy

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CNBC – For more and to sign up click here WASHINGTON — After a rough summer, President Joe Biden is getting ready to spend the autumn fighting for tax increases on the wealthy and corporations. The surge of the Covid-19 delta variant, the U.S. withdrawal from Afghanistan, hurricanes, wildfires, evictions......

Hurricane Ida damage boosts calls to rebuild with the infrastructure bill: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC’s Ylan Mui reports on how lawmakers want to invest in states repeatedly hit by hurricanes using the infrastructure bill. Plus, Apple unveils which states will......

Deadly flash floods show how vulnerable New York’s infrastructure is to climate change

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CNBC – For more and to sign up click here Hurricane Ida’s remnants, which triggered flash floods that killed at least 22 people in New York and New Jersey on Wednesday night, exposed vulnerabilities in New York City’s infrastructure to the kind of extreme weather being generated by climate change.......

These charts show which states will get the most money from Biden’s infrastructure bill

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CNBC – For more and to sign up click here California, Texas and New York will likely cash in big on the trillion-dollar infrastructure package if the bill makes its way to President Joe Biden’s desk. But far less populous states — such as Montana and Alaska — will get......

House Democrats clear path toward passing $3.5 trillion budget bill and infrastructure plan after breaking stalemate

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CNBC – For more and to sign up click here U.S. House Speaker Nancy Pelosi (D-CA) arrives for a House Democratic caucus meeting amidst ongoing negotiations over budget and infrastructure legislation at the U.S. Capitol in Washington, U.S. August 24, 2021. Jonathan Ernst | Reuters House Democrats forged ahead with......

Wall Street calls moderates’ bluff, urges investors to prepare for infrastructure and budget reconciliation bills

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CNBC – For more and to sign up click here People exercise on the National Mall as temperatures are expected to reach near 100 degrees Fahrenheit on August 13, 2021 in Washington, DC. Kevin Dietsch | Getty Images Major Wall Street brokerages are urging clients to look past Democratic infighting......

Concrete and cement industries brace for demand boom from $1 trillion infrastructure plan

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CNBC – For more and to sign up click here Concrete is the foundation of just about everything. It’s used to construct buildings, highways, bridges, roads and more. During the Covid-19 pandemic, concrete fell victim to the same phenomena impacting other essential materials and goods: snarled supply chains and labor......

House returns to Washington next week to forge ahead with infrastructure bill, budget plan

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CNBC – For more and to sign up click here Speaker of the House Nancy Pelosi (D-CA) holds a news conference in the U.S. Capitol Visitors Center on March 19, 2021 in Washington, DC. Chip Somodevilla | Getty Images The House of Representatives will return to Washington next week, setting......

How Biden’s trillion-dollar spending plans address the UN’s dire climate warning: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC.com’s Pippa Stevens breaks down the UN’s climate warning and how the bipartisan infrastructure bill could mitigate carbon emissions. Plus, the hacker behind the $600 million......

Senate passes infrastructure bill and budget framework — here’s what happens next

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CNBC – For more and to sign up click here Senate Majority Leader Chuck Schumer (D-NY) speaking at a press conference of the Democratic Senate Caucus. Michael Brochstein | Sipa USA | Sipa via AP Images After months of wrangling, the Senate just passed a $1 trillion bipartisan infrastructure bill......

Biden’s personal touch and GOP retirements: How the bipartisan infrastructure bill beat the odds

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CNBC – For more and to sign up click here U.S. President Joe Biden answers questions from reporters as Vice President Kamala Harris looks on in the East Room of the White House in Washington, U.S., August 10, 2021. Evelyn Hockstein | Reuters WASHINGTON — President Joe Biden’s decades of......

Here’s what’s next for the $1 trillion bipartisan infrastructure bill

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CNBC – For more and to sign up click here The Senate on Tuesday passed a $1 trillion infrastructure package, sending the provision to improve the nation’s roads, bridges and broadband to the House for approval. But progressive Democrats in the House, eager to make good on campaign promises ahead......

SPAC deals face mounting lawsuits and regulation risks: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, CNBC.com markets reporter Yun Li explains the surge in lawsuits involving SPACs. Plus, the U.S. Senate passes the long-awaited infrastructure bill. SPAC lawsuits jump in another......

Investors are pouring money into infrastructure and electric vehicles this year, Global X says

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CNBC – For more and to sign up click here The next hot theme in tech may just be transportation. As senators work to pass the Biden administration’s $579 billion infrastructure bill — a sweeping plan to put new money into the transportation, telecommunications and utilities industries — investors are......

Schumer defends tight infrastructure deadline as GOP threatens to tank key vote

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CNBC – For more and to sign up click here Senate Majority Leader Chuck Schumer(R) (D-NY)speaks to the media during a weekly news briefing on Capitol Hill on May 18, 2021 in Washington, DC. Mandel Ngan | AFP | Getty Images Senate Majority Leader Chuck Schumer on Tuesday rejected Republican......

2021’s most-improved state for business is Maryland. New infrastructure thinking is the reason

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CNBC – For more and to sign up click here Baltimore Ravens employees wave Maryland flags in the stands at M&T Bank Stadium on November 01, 2020 in Baltimore, Maryland. Patrick Smith | Getty Images As an old state with aging roads and bridges, Maryland has struggled for years to......

Biden’s infrastructure plan would cut U.S. debt and slightly increase economic growth, Wharton study finds

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CNBC – For more and to sign up click here U.S. President Joe Biden delivers remarks highlighting the benefits of Bipartisan Infrastructure Framework, at La Crosse Municipal Transit Utility, in La Crosse, Wisconsin, U.S., June 29, 2021. Kevin Lemarque | Reuters A bipartisan infrastructure deal reached by President Joe Biden......

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