News

PRESENTING: Meet Joe Biden, America’s imperfect leader

Joe Biden will begin leading the US on Wednesday amid a pandemic, an opioid crisis, and massive political instability. The president-elect presents himself as a conventional leader with a moderate stance toward policy. Yet deep grief, empathy, adversity, and controversy have all informed his leadership. Visit Insider’s homepage for more […]
PRESENTING: Meet Joe Biden, America’s imperfect leader
Strategy

Joe Biden’s plan to increase the minimum wage to $15 won’t just help workers: A new study finds that lower wages cost taxpayers over $100 billion a year

President-elect Joe Biden has called for a $US15 per hour federal minimum wage as part of his new $US1.9 trillion stimulus package. That increase could materially impact millions of workers, and provide relief for public safety net programs. While President Donald Trump has argued raising the minimum wage could harm […]
Joe Biden’s plan to increase the minimum wage to $15 won’t just help workers: A new study finds that lower wages cost taxpayers over $100 billion a year
Tech

The Biden administration will continue to scrutinize big tech companies including Google, Apple, and Facebook, according to the DOJ’s antitrust chief

The Department of Justice’s antitrust boss said Biden’s team will continue to investigate tech firms. Makan Delrahim said the scrutiny of tech firms is crucial for protecting competition. Biden will take on antitrust cases from Google, Apple, and Facebook once he takes office. Visit Business Insider’s homepage for more stories. […]
The Biden administration will continue to scrutinize big tech companies including Google, Apple, and Facebook, according to the DOJ’s antitrust chief
Tech

A newly elected West Virginia GOP lawmaker live-streamed himself on Facebook storming the US Capitol, shouting: ‘We’re in baby!’

Derrick Evans, a newly-elected lawmaker from West Virginia, filmed himself storming the US Capitol Wednesday, posting the live video on Facebook and later deleting it. Evans, a West Virginia state delegate, chanted “Trump! Trump! Trump!” and forced himself through the doors of the Capitol wearing a motorcycle helmet. “We’re in! […]
A newly elected West Virginia GOP lawmaker live-streamed himself on Facebook storming the US Capitol, shouting: ‘We’re in baby!’
News

More than 170 leaders from top US firms including Goldman Sachs and Microsoft urge Congress to certify Biden’s Electoral College win

More than 170 American business executives signed a letter urging Congress to certify the electoral vote on Wednesday and confirm President-elect Joe Biden’s victory. Goldman Sachs Chairman and CEO David Solomon, Microsoft President Brad Smith, BlackRock CEO Laurence Fink, and Pfizer CEO Albert Bourla were among the signatories. “Attempts to […]
More than 170 leaders from top US firms including Goldman Sachs and Microsoft urge Congress to certify Biden’s Electoral College win
News

Hunter Biden says federal prosecutors are investigating his taxes

Hunter Biden, President-elect Joe Biden’s 43-year-old son, announced Wednesday that federal prosecutors in Delaware are investigating his taxes. “I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately,” he said in […]
Hunter Biden says federal prosecutors are investigating his taxes
News

Americans may have to wait 4 days to get Pfizer’s COVID-19 vaccine after FDA authorization, longer than previously thought, the head of US vaccine rollout said

The head of vaccine rollout in the US said Tuesday that Pfizer’s COVID-19 vaccine may take longer to distribute than previously expected once the Food and Drug Administration (FDA) authorizes it. Gustave Perna, the chief operations officer for Operation Warp Speed, said Americans will be vaccinated four days after the […]
Americans may have to wait 4 days to get Pfizer’s COVID-19 vaccine after FDA authorization, longer than previously thought, the head of US vaccine rollout said
News

Dr. Fauci will meet with Biden’s transition team for the first time on Thursday and will stay on at the National Institutes of Health under the next administration

Dr. Anthony Fauci will meet with President-elect Joe Biden’s transition team on Thursday and will stay on under Biden at the National Institutes of Health. Fauci said on Thursday morning that he has spoken several times with Biden’s soon-to-be White House chief of staff, Ron Klain, and plans to meet […]
Dr. Fauci will meet with Biden’s transition team for the first time on Thursday and will stay on at the National Institutes of Health under the next administration
News

Obama compares his younger self to Alexandria Ocasio-Cortez and says she should have been given more time to speak at the Democratic convention

Former President Barack Obama said in a Monday night interview that Rep. Alexandria Ocasio-Cortez should have gotten more time to speak at the Democratic National Convention in August. Obama said the freshman congresswoman “speaks to a broad section of young people” and that “new blood is always good,” adding that […]
Obama compares his younger self to Alexandria Ocasio-Cortez and says she should have been given more time to speak at the Democratic convention
News

Biden is reportedly considering Roger Ferguson, Gary Gensler, and former American Express CEO Kenneth Chenault for top economic policy positions

President-elect Joe Biden is considering Roger Ferguson, former vice-chair of the Federal Reserve Board of Governors, for National Economic Council director, sources close to the matter told CNBC. Biden is considering regulatory veteran Gary Gensler, who worked for both the Obama and Clinton administrations, for Deputy Treasury Secretary, they said. […]
Biden is reportedly considering Roger Ferguson, Gary Gensler, and former American Express CEO Kenneth Chenault for top economic policy positions
Markets

Dow closes above 30,000 for the first time ever on Biden-transition rally

US equities jumped on Tuesday after the General Services Administration’s ascertainment of President-elect Joe Biden’s victory lifted investor sentiments. The Dow Jones industrial average climbed above 30,000 for the first time, marking a rapid comeback after the index sank as low as 18,213 in March. The GSA announced Monday afternoon […]
Dow closes above 30,000 for the first time ever on Biden-transition rally
Markets

Dow climbs 310 points as investors cheer transition to Biden administration

US equities gained on Tuesday as the General Services Administration’s ascertainment of a Biden victory lifted investor sentiments. The GSA announced Monday afternoon it will provide President-elect Biden with the “resources and services” needed to start his transition to the White House. The move is the clearest sign yet that […]
Dow climbs 310 points as investors cheer transition to Biden administration
News

Trump claims he directed his administration to start Biden’s transition process even as he continues to say he won the election

President Donald Trump took a significant step toward conceding the presidential election on Monday evening after his General Services Administration chief recognised President-elect Joe Biden as the apparent winner. Trump said he recommended that GSA Administrator Emily Murphy and his aides move forward with “initial protocols” for the presidential transition. […]
Trump claims he directed his administration to start Biden’s transition process even as he continues to say he won the election
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