The Biden Administration is invoking the Defense Production Act (DPA) to increase manufacturing of existing vaccines, a move that could help expand limited supplies and get more vaccinations sites up and running. But the idea that any company, even another pharmaceutical company, can simply start producing the vaccines is easier than it sounds, according to some experts. “One of the delusions I think people have is the idea that the Defense Production Act … you can’t do that with… Source link
Read More »Biden has an alternative to Trump’s “America First”
President Joe Biden used an odd phrase in a Feb. 4 speech when he outlined a “foreign policy for the middle class.” With Washington focused on a kooky Republican Congresswoman and the introduction of Biden’s huge relief bill, the media barely mentioned this concept that sounds like an oxymoron. Biden might need a pithier slogan, but “foreign policy for the middle class” is his rejoinder to President Trump’s “America First” program—and the Democrats’ first-ever effort to… Source link
Read More »More than two-thirds of Americans side with Biden on COVID relief — and most support the rest of his agenda
When asked about the 20 policies that define President Biden’s agenda, more Americans support than oppose all 20 of them, according to a new Yahoo News/YouGov poll. The margins are decisive. The majority of Biden’s proposals garner at least twice as much support as opposition. Nearly half are favored by more than 60 percent of Americans. The survey of 1,516 U.S. adults, which was conducted from Jan. 20 to Jan. 21, comes at a time when partisan divisions in Washington are driving a fierce… Source link
Read More »More than two-thirds of Americans side with Biden on COVID relief — and most support the rest of his agenda
When asked about the 20 policies that define President Biden’s agenda, more Americans support than oppose all 20 of them, according to a new Yahoo News/YouGov poll. The margins are decisive. The majority of Biden’s proposals garner at least twice as much support as opposition. Nearly half are favored by more than 60 percent of Americans. The survey of 1,516 U.S. adults, which was conducted from Jan. 20 to Jan. 21, comes at a time when partisan divisions in Washington are driving a fierce… Source link
Read More »Biden Aides Say Market Oversight of GameStop Frenzy Is Working
TipRanks 3 Monster Growth Stocks That Could Weather the Volatility Volatility is back on the menu. Last week brought January’s trading to a close in what amounted to the stock market’s worst month since October. The GameStop saga hogged the headlines as the retail buying frenzy for names with high short interest raised the possibility the market might be exhibiting bubble behavior. Add into the mix the slow rollout of Covid-19 vaccines and the fear of a delayed return to normalcy, and once… Source link
Read More »Biden, and automakers, bet on going green
Automakers and pure play electric vehicle makers got a boost this week by President Joe Biden’s “Buy American” plan. His “Made in America” executive directs the federal government to spend taxpayer funds on American made goods and products, including a plan for fleet vehicle purchases to go green. “The federal government … owns an enormous fleet of vehicles, which we’re going to replace with clean, electric vehicles made right here in America by American workers, creating… Source link
Read More »Coronavirus update: Biden announces changes to vaccine rollout – Yahoo Finance
Bloomberg Reddit Crowd Bludgeons Melvin Capital in Warning to Industry (Bloomberg) — The first sign of trouble for hedge fund wunderkind Gabe Plotkin came in late October: A poster on Reddit’s popular wallstreetbets forum was taking aim at his wildly successful investment firm.“GME Squeeze and the demise of Melvin Capital,” wrote the user, Stonksflyingup, referring to stock ticker of GameStop Corp. and Plotkin’s $12.5 billion firm. Before long, veryforestgreen weighed in: “Melvin… Source link
Read More »The Biden Boom Is Coming And These Stocks Could Soar
The world’s first trillionaire will be a green-tech entrepreneur. New York Times veteran tech journalist Kara Swisher boldly declared this a year ago–right before the outbreak of a pandemic that would hasten our transition to clean energy … and that would exponentially increase the mountains of money piling into stocks that are in any way tied to a cleaner, better future. Governments the world over are pushing a green industrial revolution … and even giant oil traders are scrambling… Source link
Read More »What Biden should do about Trump
One of the trickiest challenges for incoming President Joe Biden is what do to about his predecessor, Donald Trump: investigate him for possible crimes, or leave him alone? There’s a case for each route. Investigating whether Trump violated election law, obstructed justice during the Robert Mueller probe, or committed campaign-finance felonies would show no president is above the law and possibly deter future presidents from abusing their power. But it could interfere with Biden’s policy… Source link
Read More »The Biden Presidency: What Lies Ahead
TipRanks 2 Big Dividend Stocks Yielding at Least 10%; Here’s What You Need to Know Stock markets are up and holding near record high levels, a condition that would usually make life difficult for dividend investors. High market values normally lead to lower dividend yields – but even in today’s climate, it’s still possible to find a high-yielding dividend payer. You need to look carefully, however. The market story of the past year has been unusual, to say the least. Last winter saw… Source link
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