A single copy of Vice President Kamala Harris’ children’s book was one of many titles donated to a shelter for immigrant children in Long Beach, California. But a debunked New York Post article – which led to the reporter's resignation incorrectly claimed every child was given a copy of her book, starting a deluge of false claims in social media posts.
The Biden Administration views the current chip shortages plaguing the global economy as a national security issue ahead of a White House Summit focused on addressing the problem.
Back in February, President Joe Biden signed an executive order aimed at mitigating problems with the semiconductor supply chain. Part of the initiative to address the ongoing issues include a White House Summit on Monday.
When asked about whether the Biden Administration sees the chip shortage as a national security issue, White House Press Secretary Jan Psaki said we certainly do.
As far as specific solutions to the chip issue, Psaki said the administration is looking at a holistic, long-term, across-government approach. She also held off on announcing specific short-term solutions ahead of the summit Monday.
Oil prices under pressure following large gasoline build (SPY -0.1%). Biggest midday movers: Carnival, Dell, AMC Entertainment.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Optimism Returns To Canada s Oil Industry Optimism is returning to the Canadian oil industry as demand rebounds and production follows, Bloomberg has reported, citing the chief of the Canadian Association of Petroleum Producers. There s no denying that we ve been beaten, battered and wounded and industry was faced with some of the biggest challenges last year we ve ever seen, Tim McMillan said at the Scotiabank CAPP Energy Symposium. Our industry still has its best days ahead of it. In fact, over the past year, our industry has rallied and w
The White House is not the only outfit struggling to explain the false statements repeatedly made by President Joe Biden about Georgia’s election law.
Biden’s false claims have been widely refuted, including by the Washington Post. Yet, CNN’s host Don Lemon mocked those raising the false statements and insisted that Biden merely misspoke. The problem is that he repeated the false claims after they were refuted and
White House Press Secretary Jan Psaki has insisted that Biden was speaking truthfully in the Biden version of “alternative facts.”
What was also not explained on CNN was how the Georgia law is “Jim Crow on steroids” if these two objections are untrue and states like
Biden Taps Ex-Economic Council Chief to Oversee COVID-19 Relief Rollout Tue 16th March 2021 | 12:30 AM
WASHINGTON (UrduPoint News / Sputnik - 16th March, 2021) US President Joe Biden on Monday said he tapped former White House Economic Council Director Gene Sperling to oversee the rollout of the recently-passed $1.9 trillion COVID-19 relief package. I spoke with Gene earlier today alongside [the White House] economic team, Biden told a media briefing. He s ready to get to work. In fact, he s already hit the ground running and, together, we re going to make sure that the benefits of the American Rescue Plan go out quickly and directly to the American people where they . in real and tangible ways.