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Tag: Biden administration


Industries, Manufacturing

Biden Plan to Combat Inflation with U.S. Manufacturing Faces Skepticism

April 8, 2022

Via: The Wall Street Journal

Economists and analysts are skeptical that a Biden administration push to increase domestic manufacturing will have the White House’s intended effect of meaningfully taming inflation. Administration officials have said that increasing domestic manufacturing would insulate the U.S. from the kinds […]


Energy, Industries

Crude Oil Price Forecast: Volatility Here to Stay – What’s Next?

March 31, 2022

Via: DailyFX

Crude oil prices are experiencing another volatile week as conflicting headlines dominate price action. Concerns over the European Union banning Russian oil imports persist. The Iran nuclear deal appears close to the goal line. Security concerns around Saudi Arabian distribution […]


Energy, Industries

U.S. residents to get $3.2 billion to lower home energy costs

March 30, 2022

Via: Investing.com

The Biden administration will make available nearly $3.2 billion from the bipartisan infrastructure law to help Americans lower home energy costs, Energy Secretary Jennifer Granholm said on Wednesday. Low-income Americans spend up to 30% of their paychecks on energy. This […]


Energy, Industries

U.S. set to unveil emergency oil release in bid to fight high prices

November 23, 2021

Via: Investing.com

The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday as part of a plan it hashed out with major Asian energy consumers to lower energy prices, a Biden administration source familiar […]


Energy, Industries, Manufacturing

Biden’s solar ambitions collide with China labor complaints

May 24, 2021

Via: ABC News

The Biden administration’s solar power ambitions are colliding with complaints the global industry depends on Chinese raw materials that might be produced by forced labor. A big hurdle is polysilicon, used to make photovoltaic cells for solar panels. The global […]


News

U.S. employers add just 49,000 jobs, underscoring COVID-19 damage

February 5, 2021

Via: NY Daily News

America’s employers barely added jobs last month, underscoring the viral pandemic’s ongoing grip on the economy and likely adding momentum to the Biden administration’s push for a bold rescue aid package. The increase of just 49,000 positions in January made […]