Jul 28 WATCH: Biden downplays troubling economic report, focuses on measures to tame inflation By Josh Boak, Zeke Miller, Associated Press Republicans say Thursday's report showing the economy shrank for the second consecutive quarter is evidence of a "Biden recession." Biden pointed to near-record-low unemployment and signs of continued business investment in the economy. Continue reading
Jul 28 Watch 9:19 Senate agreement on climate change, health care revives Biden's legislative agenda Senate Democrats are lauding a deal on a spending package to reduce the deficit, lower health care costs, raise corporate taxes and combat climate change. It's a stunning development after more than a year of negotiations had failed to win… Continue watching
Jul 28 Watch 9:02 U.S. economy shrank for the second straight quarter, stoking fears of a recession New data out Thursday shows the U.S. economy shrank for the second straight quarter, raising concerns that the nation might be nearing, if not already in, a recession. The White House pushed back against that idea, pointing to strong job… Continue watching
Jul 28 Watch 5:37 What the Senate deal could mean for the fight against climate change A deal formed late Thursday among Senate Democrats would bring substantial new money to boost the expansion of renewable energy and provide more incentives for people to buy electric vehicles. But it also expands more fossil fuel development projects. David… Continue watching
Jul 28 House approves bill to boost computer chip industry By Kevin Freking, Associated Press The House has passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China. Continue reading
Jul 28 WATCH: White House press secretary Karine Jean-Pierre holds briefing By Associated Press White House press secretary Karine Jean-Pierre held a news briefing on Thursday as Democrats rally around a massive, inflation-fighting package that aims to lower health care costs and tackle climate change. Continue reading
Jul 28 Biden and Xi meet virtually amid rising tensions between U.S. and China By Chris Megerian, Zeke Miller, Associated Press President Joe Biden and China’s Xi Jinping spent more than two hours Thursday talking through the future of their complicated relationship, with the flashpoint of Taiwan once again emerging as a key point of tension. Continue reading
Jul 27 Watch 6:46 News Wrap: Manchin, Schumer reach deal to address health care, climate change, the deficit In our news wrap Wednesday, West Virginia Sen. Joe Manchin announced an agreement with Senate Majority Leader Chuck Schumer on legislation for health care costs, climate change, deficit reduction and more. Also, President Biden left isolation after testing negative for… Continue watching
Jul 27 WATCH: John Kirby speaks on Russia prisoner proposal during White House briefing By Associated Press The statements from Blinken and Kirby marked the first time the U.S. government has publicly revealed any concrete action it has taken to secure the release of Griner. It is unclear what the deal is, or whether it will be… Continue reading
Jul 27 Senate passes bill to boost computer chip production in U.S. By Kevin Freking, Associated Press A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration. Continue reading