Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.
Category: Biden, Joseph R Jr
U.A.W. Starts Strike Small, but Repercussions Could Prove Far-Reaching
The union targeted three factories: one run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.
Electric Vehicle Charging Can Be Confusing. Here’s What to Know.
Many carmakers and charging companies are switching to the Tesla plug for electric vehicles. Why are they doing that and what will it mean?
Strong Economic Data Buoys Biden, but Many Voters Are Still Sour
Voters continue to rate the president poorly on economic issues, but there are signs the national mood is beginning to improve.
Federal Judge Limits Biden Officials’ Contacts With Social Media Sites
The order came in a lawsuit filed by the attorneys general of Missouri and Louisiana, who claim the administration is trying to silence its critics.
Immigration Rebound Eases Shortage of Workers, Up to a Point
While the Biden administration has accelerated processing after Trump-era restrictions and a pandemic slowdown, visa backlogs remain large.
Wall St. Is Counting on a Debt Limit Trick That Could Entail Trouble
If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
How the U.S. Government Amassed $31 Trillion in Debt
Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.
What to Know About Biden’s Student Loan Repayment Proposal
Proposed changes to federal student-loan repayment plans tied to income could cut some borrowers’ monthly payments by more than half.
US Added 223,000 Jobs in December, a Slight Easing in Pace
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.