Latest in Charting Biden Economy
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Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - Jan. 8 -
Mark Cuban: I'd rather own bitcoin than gold if something bad happens to the economy—'I think it has more value'
Billionaire investor Mark Cuban says bitcoin can function as a store of value and a currency in case of economic turmoil. It even has some advantages over gold.CNBC - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
Isak transfer fee would be off the charts - Shearer
Alan Shearer and Shay Given discuss the importance of striker Alexander Isak as well as Newcastle United's recent form.BBC News - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
Biden monitoring severe winter storm
President Biden is keeping a close eye on the major winter storm making its way through much of the central and eastern United States, the White House said on Monday. Biden and his team are ...The Hill - Jan. 6 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Joe Biden prepares to bow out
Plus, UK retail earnings, South Korea’s Yoon summoned to parliamentary hearing and Venezuela’s Maduro sworn inFinancial Times - Jan. 5 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
Biden plans to send $8bn arms shipment to Israel
The weapons consignment, which needs approval from House and Senate committees, includes air-to-air missiles.BBC News - Jan. 4 -
Biden finalizes contentious hydrogen guidance
{beacon} Energy & Environment Energy & Environment The Big Story Biden loosens rules for hydrogen credits The Biden administration on Friday finalized fairly strict climate rules for the nascent ...The Hill - Jan. 3 -
Watch live: Biden hosts Medal of Honor ceremony
President Biden is set to award the Medal of Honor to seven U.S. Army soldiers in a ceremony Friday evening, with about two weeks left in his presidency. The Medal of Honor is given to members of ...The Hill - Jan. 3 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
Biden hosts Medal of Honor ceremony at White House
Watch live as President Joe Biden delivers remarks at a Medal of Honor ceremony for seven U.S. Army veterans of the Korean and Vietnam Wars.NBC News - Jan. 3 -
Biden to travel to New Orleans on Monday
President Biden will travel to New Orleans on Monday following the New Years attack that killed 15 people, including the attacker, and injured at least 35 others. Biden will be joined on the trip ...The Hill - Jan. 3 -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Biden to designate environmental national monuments in California
In the closing days of his administration, Biden plans to travel to California to dedicate the Chuckwalla National Monument, sources said.CBS News - Jan. 2 -
To Understand Trump and Biden, Look to Reagan and Carter
Forty-four years ago, Ronald Reagan took aim at Jimmy Carter’s environmental legacy. President Biden’s climate initiatives could face a similar fate.The New York Times - Jan. 2 -
Trump comments on New Orleans attack, slams Biden
President-elect Donald Trump slammed the Biden administration and its immigration policies before more details emerged about the identity of the man who rammed his truck into a crowd in New ...CBS News - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Biden to award Presidential Citizens Medal to Cheney, Thompson
Rep. Bennie Thompson, a Mississippi Democrat, and former Rep. Liz Cheney, a Wyoming Republican, served as chair and vice chair of the House Jan. 6 select committee.CBS News - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
Biden delivers remarks on securing 235 judicial confirmations
Watch live coverage as President Biden delivers remarks on securing 235 judicial confirmations during his term in office.NBC News - Jan. 2 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
Biden reacts to New Orleans attack with 'anger and frustration'
President Biden said Wednesday that his reaction to the New Orleans attack that killed 10 people and injured dozens of others was “one of anger and frustration.” Speaking to reporters on the ...The Hill - Jan. 1 -
Biden response to New Orleans truck attack
President Biden has spoken with the mayor of New Orleans and offered federal resources in the wake of a deadly New Year's Day truck attack on the city's Bourbon Street. CBS News congressional ...CBS News - Jan. 1 -
In charts: has the ‘India trade’ run out of steam?
Slowing growth and high inflation hit household incomes and raise questions about economic fundamentalsFinancial Times - Jan. 1 -
Gaza Cease-Fire Deal Likely to Elude Biden
Talks between Hamas and Israel have hit an impasse in recent days, Arab mediators said.The Wall Street Journal - Dec. 31
