The New York Times A Desperate India Falls Prey to COVID Scammers NEW DELHI — Within the world’s worst coronavirus outbreak, few treasures are more coveted than an empty oxygen canister. India’s hospitals desperately need the metal cylinders to store and transport the lifesaving gas as patients across the country gasp for breath. So a local charity reacted with outrage when one supplier more than doubled the price, to nearly $200 each. The charity called the police, who discovered what… Source link
Read More »How stocks performed during Biden’s first 100 days
President Biden is wrapping up a historic first 100 days as president of the United States. With the Dow up 3375 points, or 11%, it would be the second best 100 days’ performance in 100 years — handily beating the median Dow return of 2% and the average of 5%. Only former President Franklin D. Roosevelt’s sky-high return of 75% in the 1930s fared better. “Love him or hate him, stocks have voted and they love him… Considering stocks also had their best rally ever from Election Day until… Source link
Read More »Biden’s climate plan depends on one huge change
When most people flip on a light, they don’t think about where the power comes from before it illuminates the room. But for President Biden’s climate plan to succeed, the United States is going to have to move a lot more electricity across much greater distances—and catch up with China in the process. Biden’s plan calls for eliminating greenhouse-gas emissions from the power sector by 2035, and from the entire economy by 2050. To encourage other nations to aggressively combat global… Source link
Read More »4 things that could sink Biden’s climate plan
President Biden’s climate plan is ambitious, but achievable, many experts believe. On April 22, Earth Day, Biden announced a national goal of cutting greenhouse gas emissions by up to 52% by 2030, compared with 2005 levels. That’s nearly twice the reduction President Obama aimed for, and the most aggressive American effort yet to address global warming. Biden has also set goals of eliminating greenhouse gas emissions in the power sector by 2035 and in the overall economy by 2050…. Source link
Read More »Google Asks For Biden’s Help In Europe; Pandemic-Related Discrepancies In Nielsen Measurement
Biden’s budget proposal is ‘the most reckless fiscal policy in the last half-century’: economist
President Joe Biden’s first 100 days in office have been dominated by government spending proposals. On Friday, Biden unveiled his $1.5 trillion “skinny budget” – a precursor to the full annual budget. It comes on top of his $1.9 trillion COVID-relief package and his $2.3 trillion infrastructure proposal. Tyler Goodspeed, former acting chairman of the Council of Economic Advisers under former President Trump, told Yahoo Finance Live all that spending is not prudent at a time when the… Source link
Read More »Americans favor every key aspect of Biden’s infrastructure plan
Despite Republican opposition in Congress, majorities of Americans favor every key aspect of President Biden’s infrastructure plan, according to a new Yahoo News/YouGov poll. The survey of 1,649 U.S. adults, which was conducted from April 6 to April 8, found that most (51 percent) say they would support “another big legislative package to invest in America’s infrastructure and combat climate change”; far fewer (30 percent) say they would oppose it. Both Democrats (80 percent to 8… Source link
Read More »Biden’s electric vehicle ambitions may send Tesla stock skyrocketing beyond $1,300: analyst
Tesla shares (TSLA) are getting a nice pop on Monday following much better than expected first quarter delivery numbers, but the real upside to shares in the medium-term will be in part due to efforts out of the Biden administration to get people into electric cars. Or so says Wedbush tech analyst Dan Ives, who lifted his rating on Monday to Outperform with a $1,000 price target. Ives’ bull case price target is $1,300, reflecting optimism on Biden’s EV ambitions. “We are hearing from our… Source link
Read More »Stimulus checks and COVID optimism raise Biden’s approval rating to highest level yet
When Joe Biden took office, he bet voters would judge his presidency on one thing and one thing only: how well he handled the COVID-19 pandemic and its economic fallout. Now, with vaccination accelerating, optimism rising and another round of relief checks arriving in the mail, a new Yahoo News/YouGov poll shows that a clear and growing majority of Americans approve of Biden’s policies and leadership, providing the president with momentum that could bolster his next major legislative push… Source link
Read More »Stimulus checks and COVID optimism raise Biden’s approval rating to highest level yet
When Joe Biden took office, he bet voters would judge his presidency on one thing and one thing only: how well he handled the COVID-19 pandemic and its economic fallout. Now, with vaccination accelerating, optimism rising and another round of relief checks arriving in the mail, a new Yahoo News/YouGov poll shows that a clear and growing majority of Americans approve of Biden’s policies and leadership, providing the president with momentum that could bolster his next major legislative push,… Source link
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