Latest News Updates From Josh Boak

Government, Business, Logistics

Biden Puts Focus on Infrastructure Amid New Virus Concerns

President Joe Biden is visiting a Minnesota community college Nov. 30 to highlight how his $1 trillion infrastructure law will create jobs and help train workers.

November 30, 2021
Government, Business, Logistics

Biden Signs $1 Trillion Infrastructure Bill

President Joe Biden signed his $1 trillion infrastructure deal into law Nov. 15 on the White House lawn, with a smattering of Republican lawmakers on hand for what could be one of the last shows of bipartisanship ahead of the 2022 midterm elections.

November 15, 2021
Government, Business, Logistics

White House Unveils Port Funding to Ease Supply Chain Congestion

BALTIMORE — The Biden administration is relying on infrastructure dollars to help fix the clogged ports and blanket the nation with internet access — but a series of initiatives rolled out on Nov. 9 show that the urgent pace might not be fast enough to address the immediate needs of an economy coping with a supply chain squeeze and a shift to remote work.

November 9, 2021
Government, Business, Technology

Commerce Head Gina Raimondo Aims to Bring Chip Manufacturing to the US

President Joe Biden has tasked Commerce Secretary Gina Raimondo with ensuring the United States will be the world leader in computer chips.

October 18, 2021
Government, Business

White House Targets Economic Risks From Climate Change

WASHINGTON — The Biden administration is taking steps to address the economic risks from climate change, issuing a 40-page report Oct. 15 on governmentwide plans to protect the financial, insurance and housing markets and the savings of American families.

October 15, 2021
Government, Business

Biden to Launch Task Force on Bottlenecks in Supply Chains

WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

June 8, 2021
Government, Business, Fuel

Biden Warns Against Gas Price Gouging After Cyberattack

President Joe Biden warned gasoline stations not to engage in any price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline, which reopened on May 12 after falling victim to a cyberattack.

May 13, 2021
Government, Business

White House Grades States’ Infrastructure as It Pushes Bill

WASHINGTON — President Joe Biden wants Congress to know he’s sincere about cutting a deal on infrastructure, but the White House is also highlighting needed repairs and upgrades state-by-state that cost far more than what Republicans are willing to spend.

April 12, 2021
Government, Business

CBO Projects 4.6% Growth, Jobs Lag in 2021

The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Feb. 1.

February 1, 2021
Government, Business, Logistics

US Sales of Existing °®¶¹´«Ã½s Jump 20% After 3-Month Slump

Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.

July 22, 2020