U.S. President Joe Biden in the Oval Office at the White House in Washington on April 15, 2024. Elizabeth Frantz | Reuters As President Joe Biden isolated at his beach house in Rehoboth, Delaware, on Thursday after testing positive for Covid, he faced renewed pressure from leading Democrats to drop out of the 2024 election … Read more
Former United States president Barack Obama has privately expressed concerns to Democrats about President Joe Biden’s candidacy, the Associated Press reported on Thursday. And Democratic Speaker Nancy Pelosi privately warned Biden that Democrats could lose the ability to seize control in the House if he didn’t step away from the race. Pelosi also showed Biden … Read more
President Joe Biden tested positive for COVID-19 while traveling Wednesday in Las Vegas and is experiencing “mild symptoms” including “general malaise” from the infection, the White House said. Press secretary Karine Jean-Pierre said Biden will fly to his home in Delaware, where he will “self-isolate and will continue to carry out all of his duties … Read more
Maskot | Maskot | Getty Images Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may also be able to get the money by leasing a car. The Inflation Reduction Act, which President Joe Biden signed in 2022, contained various rules related to consumer tax … Read more
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty Images The Biden administration announced it will cancel $1.2 billion in student debt for 35,000 workers, as a result of its recent fixes to a popular debt relief program for … Read more
The moves from the U.S. came after Bloomberg on Wednesday reported that the Biden administration is thinking about clamping down on firms exporting their critical chipmaking equipment to China. Wong Yu Liang | Moment | Getty Images Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. … Read more
WASHINGTON ― Top House and Senate Democratic leaders privately met with President Joe Biden in recent days to raise concerns about his ability to defeat Donald Trump in the November election and his continued candidacy, fearing it could lead Republicans taking full control of Congress. Senate Majority Leader Chuck Schumer (D-N.Y.) and House Minority Leader … Read more
While Joe Biden’s symptoms are mild, the diagnosis removes him from the campaign trail. President Joe Biden can’t catch a break. The president’s hopes of counter-programming the Republican National Convention were dashed Wednesday after he learned he had contracted COVID-19, forcing him to cancel an appearance before a key Latino advocacy group. While Biden’s symptoms … Read more
As President Joe Biden flies back to Delaware from Las Vegas on Wednesday night, cutting his trip short after testing positive for COVID-19, he faces one of the most momentous decisions of his long political life: Should he heed the rising calls from his fellow Democrats to extinguish his bid for reelection? For Biden, is … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
