Oct 19 Watch 8:47 Biden releases more oil from strategic reserve to help lower gas prices By Geoff Bennett President Biden announced the release of an additional 15 million barrels of oil from the U.S. strategic reserve. The president insisted the move is not politically motivated ahead of the midterms and criticized oil companies for not doing more to… Continue watching
Oct 19 Investigation finds lower internet speeds for higher prices in poor, less white U.S. neighborhoods By Leon Yin, Aaron Sankin, The Markup Residents of neighborhoods offered the worst deals aren’t just being ripped off; they’re denied the ability to participate in remote learning, well-paying remote jobs, and even family connection and recreation. Continue reading
Oct 19 What is the Strategic Petroleum Reserve? By David Koenig, Cathy Bussewitz, Associated Press Tapping the reserve is among the few things a president can do alone to try to control inflation, which makes Americans poorer and often creates a political liability for the party in control of the White House. Continue reading
Oct 19 U.S. awards $2.8 billion in grants for electric vehicle batteries in 12 states By Matthew Daly, Associated Press The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. Continue reading
Oct 19 WATCH: White House press secretary Karine Jean-Pierre holds news briefing By Associated Press White House press secretary Karine Jean-Pierre held a news briefing Wednesday afternoon, before President Joe Biden announced the of release 15 million more barrels of oil from the nation's strategic reserve. Continue reading
Oct 19 U.K. inflation at 10.1 percent, 40-year high as food prices rise By Danica Kirka, Jill Lawless, Associated Press British food prices rose at the fastest pace since 1980 last month, driving inflation back to a 40-year high and heaping pressure on the embattled government to balance the books without gutting help for the nation's poorest residents. Continue reading
Oct 18 USDA announces $1 billion in debt relief for 36,000 farmers By David Pitt, Associated Press The federal government has announced a program to provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure. Continue reading
Oct 18 Everything you need to know when applying for student loan forgiveness By Cora Lewis, Adriana Morga, Associated Press Borrowers who apply before mid-November should see forgiveness before Jan. 1, when payments on loans are scheduled to restart after a pause during the pandemic. Continue reading
Oct 18 Watch 4:46 News Wrap: Workers on strike in France demand pay hike to keep up with inflation In our news wrap Tuesday, tens of thousands walked off their jobs in France striking for pay hikes to keep up with inflation, ongoing protests led by women and girls in Iran spread to a rock climber who did not… Continue watching
Oct 18 What is quiet firing, and how do you know if it's happening to you? By Casey Kuhn, Nicole Ellis “The Great Resignation really sparked a lot of these conversations around what is causing employees to be burnt out and disengaged." With employees feeling very empowered right now, “I think there's pushback from leadership where there's almost like this loss… Continue reading