Biden Administration

The U.S. Department of Transportation (USDoT) has announced the availability of $5.4 billion in grant funding for the construction, replacement, or repair of bridges across the U.S. What Happened: The $5.4 billion funding, sanctioned under the 2021 infrastructure law, will be...

The United States has reportedly been pushing certain countries facing Trump-imposed tariffs to approve Elon Musk's Starlink service. What Happened: State Department cables reveal that U.S. embassies and the department actively urged countries facing tariffs to remove barriers for satellite...

In 2024, the cannabis landscape in the United States experienced some developments, though federal legalization or removal from the Controlled Substances Act (CSA) did not occur under the Biden administration, though that was promised to voters on a regular basis. “No one should be in jail...

The U.S. Justice Department's Antitrust Division and the Department of Transportation announced on Thursday they have opened a broad public inquiry into the state of competition in air travel on topics including previous airline mergers, aircraft manufacturing, airline ticket sales, pricing and...

Lockheed Martin Corp (NYSE:LMT) is set to report its third-quarter financial results before Tuesday's opening bell. Here's a look at what investors will be watching.  The Details: According to data from Benzinga Pro, analysts expect the company to report earnings of $6.50 per share and quarterly...

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher Monday. The Biden administration on Monday proposed a ban on the import and sale of Chinese-made vehicles due to national security concerns. What To Know: Rivian shares are recovering from Friday's steep losses, possibly aided by the...

PDD Holdings, Inc. (NASDAQ:PDD) shares are moving lower Friday after the White House announced new measures to tackle the abuse of the de minimis exemption by Chinese e-commerce platforms including Temu and Shein.  The Details:  The Biden Administration issued an official statement on...

In a significant step toward improving mental health care access, the Biden administration announced a final rule on Monday aimed at ensuring mental health and substance use disorder treatment is covered at the same level as physical health care in private insurance plans. As reported by CNN, the...

The Biden administration‘s decision to extend the ban on Kaspersky software to the private sector has left many small businesses grappling with compliance and security challenges. This move, motivated by concerns over Kaspersky’s alleged connections to the Russian government, has...

The Biden administration is working to overcome resistance from allied nations and the tech industry as it seeks to impose stricter regulations on semiconductor exports to China. The new rules aim to limit China’s access to advanced chip-making technology, potentially bolstering Beijing...

U.S. solar manufacturers are prodding the Biden administration to toughen the rules on a law that gives a 10% tax credit solar project developers who use materials made in the U.S.A. The administration sought to encourage investment in clean energy and deter reliance on Chinese goods through the...

A federal court has dismissed a lawsuit from major marijuana companies that sought to prevent the U.S. government from enforcing cannabis prohibition against their in-state activities. The U.S. District Court for the District of Massachusetts's Western Division ruled on Monday that despite...

The Joe Biden administration has reportedly sent a substantial amount of munitions to Israel, including over 10,000 highly-destructive 2,000-pound bombs and thousands of Hellfire missiles, since the commencement of the Gaza war in October. What Happened: The list of munitions sent to...

Editor's Note: This article has been updated with additional details. Julian Assange, the founder of WikiLeaks, has been freed from the Belmarsh maximum security prison in the UK and he is now on his way to Australia. What Happened: Assange, 52, is set to admit to a single criminal charge of...

The Biden administration aims to leverage the $280 billion CHIPS and Science Act to attract semiconductor companies focusing on digital twins, virtual representations of physical chips. According to The Verge, this initiative includes the establishment of the CHIPS Manufacturing USA institute,...