Latest Joe Biden News
Virus aid package tests whether Biden, Congress can deliver
WASHINGTON (AP) — More than a sweeping national rescue plan, President Joe Biden’s $1.9 trillion COVID-19 relief package presents a first political test — of his new administration, of Democratic control of Congress and of the role of Republicans in a post-Trump political landscape. For...
US jobless claims drop; still at 847,000 as pandemic rages
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to rage. Last week’s claims dropped by 67,000, from 914,000 the week before, the Labor...
U.S. whiskey bolstered by liquor store sales in 2020
LOUISVILLE, Ky. (AP) — American whiskey absorbed some setbacks but showed resilience in the face of pandemic-related clampdowns on bars and restaurants as liquor sales benefited from enduring demand for a good stiff drink. Despite plunging sales from bars and restaurants, the American whiskey sector still...
3rd candidate formally announces run for Boston mayor
BOSTON (AP) — Another Boston city councilor has formally declared her candidacy for mayor. Councilor At-Large Annissa Essaibi George, 47, will announce her campaign on Thursday outside East Boston High School alongside a small group of family and friends, she said in a statement. She becomes the third...
GOP tested anew by Georgia congresswoman's Facebook activity
WASHINGTON (AP) — Republicans have a Marjorie Taylor Greene problem. Again. Before she joined the House this month, Greene supported Facebook posts that advocated violence against Democrats and the FBI. One suggested shooting House Speaker Nancy Pelosi in the head. In response to a post raising the...
Stocks open higher on Wall Street a day after a sell-off
Stocks are climbing back in the early going on Wall Street Thursday, a day after the market took its biggest one-day loss since October. The S&P 500 index added 1.2%. Some Big Tech companies were back in the winning column, including Facebook, which reported much better results for the last three months of...
New Biden health care orders begin to unspool Trump policies
WASHINGTON (AP) — President Joe Biden will act Thursday to get more people health insurance in the middle of the raging coronavirus pandemic, a down payment on his pledge to push the U.S. toward coverage for all. The White House said he would sign an executive order reopening the HealthCare.gov insurance...
US economy shrank 3.5% in 2020 after growing 4% last quarter
WASHINGTON (AP) — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. For 2020 as a whole, a year when the coronavirus inflicted the worst economic freeze since the end of World War II,...
Investors see green returns as renewable energy rises
The future looks bright for solar and other renewable energy technology. FirstSolar, Enphase and SunPower are among the renewable energy stocks that are benefiting from a much friendlier administration in the White House, whose agenda includes tackling climate change and bolstering green energy. Their stocks...
EXPLAINER: Why it's hard to make vaccines and boost supplies
With demand for COVID-19 vaccines outpacing the world’s supplies, a frustrated public and policymakers want to know: How can we get more? A lot more. Right away. The problem: “It’s not like adding more water to the soup,” said vaccine specialist Maria Elena Bottazzi of Baylor College...
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