Latest Brian Deese News

White House: New rule will show 'true cost' of plane tickets

Sep. 26, 2022 13:27 PM EDT

WASHINGTON (AP) — President Joe Biden will announce a new initiative Monday that would eventually allow consumers to see a more complete price on airline tickets — including baggage and change fees — before they buy, as the White House continues to search for ways to lower costs for Americans...

Treasury recommends exploring creation of a digital dollar

Sep. 16, 2022 12:29 PM EDT

WASHINGTON (AP) — The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world financial system. The White House said on Friday that after...

Over-the-counter hearing aids expected this fall in US

Aug. 16, 2022 19:21 PM EDT

WASHINGTON (AP) — Millions of Americans will be able to buy hearing aids without a prescription later this fall, under a long-awaited rule finalized Tuesday. The regulation creates a new class of hearing aids that don't require a medical exam, a prescription and other specialty...

Learning from failures: How Biden scored win on climate plan

Aug. 09, 2022 13:02 PM EDT

WASHINGTON (AP) — Over the last year, President Joe Biden watched pieces of his domestic agenda get thrown overboard in an effort to keep it afloat. Free community college, child care funding, expanded preschool — all left behind. But there was at least one critical piece that...

Bumps, bipartisanship in long fight for semiconductor bill

Aug. 01, 2022 12:21 PM EDT

WASHINGTON (AP) — Five weeks ago, senior Biden administration aides gathered for their regular Thursday morning meeting about passing a bill to revive the U.S. computer chip sector, worried that it could be in peril. After 18 months, the bipartisan effort to provide $52 billion for...

Biden shrugs off recession talk, talks up fighting inflation

Jul. 28, 2022 17:52 PM EDT

WASHINGTON (AP) — President Joe Biden and his administration went all out Thursday to play down a troubling new economic report that added to the evidence of a recession, trying to pull focus instead to major legislative progress on measures to tame inflation, reduce debt and preserve America's...

Biden fights talk of recession as key economic report looms

Jul. 26, 2022 17:25 PM EDT

Facing a potentially grim report this week on the economy's overall health, President Joe Biden wants to convince a skeptical public that the U.S. is not, in fact, heading into a recession. The Commerce Department on Thursday will release new gross domestic product figures. Top...

Panasonic selects Kansas for vehicle battery mega-factory

Jul. 14, 2022 12:08 PM EDT

TOPEKA, Kan. (AP) — Japan’s Panasonic Corp. selected Kansas as the location for a multibillion-dollar mega-factory to produce electric vehicle batteries for Tesla and other carmakers, lured by the largest package of taxpayer-funded incentives that the state has offered a private business. ...