Business > Economy

Biden Pitches ‘Buy American' Covid Economic Recovery Plan, Challenging Trump's Strength On Economy

1 month ago   |   By Forbes

The plan promises to bring back the jobs lost to the pandemic this year and to create at least 5 million new jobs.
Read more ...

 

Not a ‘racist' plan anymore? Democrats rejoice over Biden's $700bn ‘Buy American' promise

Not a ‘racist' plan anymore? Democrats rejoice over Biden's $700bn ‘Buy American' promise

1 month ago   |   By RT

Joe Biden unveiled a $700 billion 'Buy American' initiative, drawing praise from both liberals and conservatives on social media, but some noted that similar plans by the Trump administration were previously framed as 'racist.'
Biden's economic pitch includes plans for a $400 billion, four-year increase in government spending on US-made goods and services - topped by a $300 billion investment in research and development for US technology.
“ This will be the largest mobilization of public investments in procurement, infrastructure and since World War II ,” Biden's senior adviser Jake...
Read more ...

 

Biden releases $700 billion 'Buy American' plan that echoes Trump's economic nationalism

1 month ago   |   By Business Insider

Joe Biden rolled out a $700 billion "Buy American" plan that mirrors Trump's economic nationalism with a renewed focus on domestic manufacturing and job creation in the US.
The two main components anchoring the proposal are a purchasing initiative to bolster demand for US-made goods and services, and investments in research and breakthrough technologies.
Trump campaigned in 2016 to bring back jobs from overseas and repeatedly blasted China's trade relationship with the US, and he sparked a trade war.
Democrats are pushing to restore supply chains in the US with tax incentives due to...
Read more ...

 


Search by Tags

   Economy      Business      Business      Breaking      Breaking-news      World      Technology      Democrats      Donald Trump  


Former VP pick Sarah Palin offers advice to Democratic VP nominee Kamala...

Former VP pick Sarah Palin offers advice to Democratic VP nominee Kamala Harris: 'Trust no one new'

On Tuesday, Sarah Palin, the 2008 Republican vice presidential candidate, took to Instagram to congratulate Kamala Harris and share six pieces of advice. Presumptive Democratic... Read more ...

4 books on race, immigration, and the American dream Kamala Harris thinks...

4 books on race, immigration, and the American dream Kamala Harris thinks everyone should read

Presumptive Democratic presidential nominee Joe Biden announced on Tuesday that Sen. Kamala Harris would be his vice-presidential running mate. Harris will be the first Black... Read more ...

Moderna surges 11% after Trump says US government reached deal for 100...

Moderna surges 11% after Trump says US government reached deal for 100 million doses of its coronavirus vaccine

President Donald Trump on Tuesday announced that the US government reached a deal with Moderna for 100 million doses of its coronavirus vaccine candidate. Shares of Moderna... Read more ...

Uber CEO threatens to temporarily shut down the app in California over labor...

Uber CEO threatens to temporarily shut down the app in California over labor disputes

Uber's CEO said the company could temporarily shut down in California if forced to consider its drivers employees. On Monday, a court ruled in favor of labor activists in... Read more ...

Microsoft's long awaited Surface Duo foldable smartphone costs $1,400 and...

Microsoft's long awaited Surface Duo foldable smartphone costs $1,400 and can be preordered right now

Microsoft's long-awaited Surface Duo foldable smartphone is now available for preorder. Its price starts at $1,400. The Surface Duo has two screens and a 360-degree hinge that... Read more ...

21 biotech startups that are set to take off, according to top VCs

21 biotech startups that are set to take off, according to top VCs

It's a critical time to be in the biotech business, as companies race to find new ways to treat and prevent the novel coronavirus. With all eyes on the industry, Business... Read more ...

Sumner Redstone, the mogul who built the ViacomCBS media empire, is dead at 97

Sumner Redstone, the mogul who built the ViacomCBS media empire, is dead at 97

Media magnate Sumner Redstone, who forged an empire of entertainment companies encompassing CBS, Viacom, and Paramount Pictures, died on August 11 at the age of 97. Redstone... Read more ...

Owner of Aeropostale, Forever 21, Juicy Couture set to buy Brooks Brothers...

Owner of Aeropostale, Forever 21, Juicy Couture set to buy Brooks Brothers for $325 million

Brooks Brothers announced that Authentic Brands Group and SPARC Group LLC were the winning bidders for the suiting company, which filed for Chapter 11 bankruptcy last... Read more ...

A train derailed in Scotland, sending plumes of smoke into the air and...

A train derailed in Scotland, sending plumes of smoke into the air and injuring an unknown number of people

A train derailed in Scotland on Wednesday morning, promoting a huge emergency response and injuring an unknown amount of people. The train derailed near near Stonehaven in... Read more ...

Tesla leaps 7% after 5-for-1 stock split makes shares more affordable

Tesla leaps 7% after 5-for-1 stock split makes shares more affordable

Tesla stock rallied as much as 7% in early Wednesday trading after the company revealed a five-for-one stock split scheduled for August 28. Every Tesla shareholder will receive... Read more ...