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President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the ...
General Motors Co's "Factory Zero" in Detroit is on the front line of a battle for the U.S. electric vehicle market between ageing, unionized factories, and new, non-union plants run by young ...
That means $100 went much further in 2021 than it would today. ... “Families have been hammered by a 20 percent spike in prices under President Biden that has made the cost of living ...
The yearslong trend of modest inflation was well-established when Donald Trump took office in January 2017, and many of the pandemic-driven building blocks for soaring prices were already in place ...
Biden’s team claims that lower inflation rates are proof that his policies are working, AP News reported, but Republicans say Biden is still to blame for the cost of groceries, utilities, gas ...
Biden’s big play to attract foreign chip and EV investments could be stumbling as Samsung, TSMC and others reportedly balk at high costs Lionel Lim March 14, 2024 at 5:27 AM
Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report finds By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. manufacturing of semiconductors and reduce the country’s reliance on foreign-made computer chips, will “sharply ...
Today’s inflation report shows that real weekly wages are now down 4.4% and prices are up 19.9% since Biden took office. That’s Bidenomics! — GOP (@GOP) May 15, 2024