Biden – The United State Media

Oil Companies Wanted Trump to Lower Costs. Tariffs Are Raising Them.

Reporter USFebruary 28, 2025

President Trump’s promise during last year’s election to make it far easier to drill for oil and gas thrilled energy executives who believed his policies would lower their costs and help them make a lot more money. Those hopes are now fading. Thanks to Mr. Trump’s tariffs, the oil and gas industry is contending with […]

How Consumers Can Protect Themselves With the CFPB on Pause

Reporter USFebruary 28, 2025

With the government seemingly stepping back from regulatory duties, consumers may have to act as their own financial watchdogs. The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis to shield people from fraud and abuse by lenders and financial firms, has been muzzled, at least temporarily. “Everything is on […]

U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts

Reporter USFebruary 27, 2025

The United States economy is starting to show signs of strain as President Trump’s abrupt moves to shrink federal spending, lay off government workers and impose tariffs on America’s largest trading partners rattle businesses and reverberate across states and cities. Funding freezes and firings of federal workers combined with the prospect of costly trade wars […]

Trump to Revoke an Oil License in Venezuela

Reporter USFebruary 27, 2025

President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela and exported, dealing a blow to the country’s government and Chevron, which produces oil there. Mr. Trump did not mention Chevron in his post on Truth Social, saying only that he would reverse concessions […]

Dockworkers Vote to Accept New Labor Contract

Reporter USFebruary 26, 2025

Dockworkers on the East and Gulf Coasts voted in favor of a new contract on Tuesday, ending labor turbulence at ports that handle a large share of U.S. trade with the rest of the world. The dockworkers’ union, the International Longshoremen’s Association, said nearly 99 percent of its members had supported the contract, which raises […]

Clean Energy Was Lifting Manufacturing. Now Investment Is in Jeopardy.

Reporter USFebruary 20, 2025

American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less competitive. But there has been a bright spot: billions of dollars flowing into factory construction, signifying that a potential rebound in production and employment is around the corner. The flood of investment has […]