Biden defends economic record amid growing stagnation fears

Biden defends economic record amid growing stagnation fears

WASHINGTON — Friday saw the first snag in President Biden’s economic recovery efforts, with only 266,000 jobs — less than a third of what had been expected — gained throughout the course of April. Monday had Biden arguing in a White House address that there was, in essence, nothing to worry about. Recovering from a

Biden administration announces  million for US solar manufacturing

Biden administration announces $56 million for US solar manufacturing

The US Department of Energy (DOE) has announced $56 million in funding to boost US solar manufacturing and recycling. Of those funds, $10 million will come from President Joe Biden’s Bipartisan Infrastructure Law.  That money should provide a much-needed boost to the US solar manufacturing industry as around 90% of US solar panels are currently

Biden battles economic fears, insists recession can be avoided

Biden battles economic fears, insists recession can be avoided

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Biden touts latest unemployment numbers as ‘evidence of a durable economic recovery’

Biden touts latest unemployment numbers as ‘evidence of a durable economic recovery’

President Joe Biden cited Thursday’s unemployment numbers as a signal his administration is shepherding a “durable economic recovery” following the coronavirus pandemic. The Department of Labor announced earlier that day that the number of people filing new unemployment claims fell to 310,000, the lowest mark since the beginning of the pandemic. Claims spiked in late