President Joe Biden will press G-7 leaders to take concrete steps to counter China’s rising global influence on Saturday, the second day of the annual summit.
— Read on www.cnbc.com/2021/06/12/biden-to-rally-g-7-leaders-around-a-unified-approach-to-counter-china.html
Tag: United States
Visualizing the State of Household Debt in America
Since 2003, U.S. household debt has doubled to over $14.5 trillion. We break down the components of this colossal figure.
— Read on www.visualcapitalist.com/the-state-of-household-debt-in-america/
Average Net Worth by State: Highest and Lowest Rankings
Select looks at Americans’ net worth by state from Personal Capital’s user data.
— Read on www.cnbc.com/select/average-net-worth-by-state/
J&J, other drugmakers go to trial in California in $50 bln case over ‘deadly legacy’ of opioids | Reuters
Four drugmakers helped cause the deadly U.S. opioid epidemic by deceptively marketing their drugs and downplaying their addictive risks, a lawyer for several California counties argued on Monday at the start of a multibillion-dollar trial.
— Read on www.reuters.com/business/healthcare-pharmaceuticals/jj-other-drugmakers-face-trial-california-over-claims-they-fueled-opioid-2021-04-19/
U.S. House of Representatives approves cannabis banking bill | Reuters
The U.S. House of Representatives on Monday passed legislation that would allow banks to provide services to cannabis companies in states where it is legal, a step towards removing what analysts say is a barrier to development of a national industry.
— Read on www.reuters.com/business/us-house-representatives-approves-cannabis-banking-bill-2021-04-19/
Here’s how legal weed will play out in America
It’s quite likely national marijuana laws will be reformed sometime this year. Fortunes will be made and lost here no doubt. But more importantly, lives won’t be ruined over smoking something that through capricious historical precedents became verboten.
— Read on ca.finance.yahoo.com/news/heres-how-legal-weed-will-play-out-in-america-120705327.html
China joins U.S. as engine of global recovery with record growth – BNN Bloomberg
China joins U.S. as engine of global recovery with record growth – BNN Bloomberg
— Read on www.bnnbloomberg.ca/china-joins-u-s-as-engine-of-global-recovery-with-record-growth-1.1591000
The Inflation Debate That’s Roiling U.S. Markets Faces 2021 Test – Bloomberg
They’re still in the minority, but investors and economists who think America is in for a bout of inflation — perhaps a serious one — start the year with some fresh ammunition for their arguments.Vaccines hold out the prospect of an end to pandemic restrictions that could bring consumers roaring back. It’s what economists call pent-up demand –- a label that applies quite literally right now. The incoming Biden administration will likely prop up household spending with more financial aid, after
— Read on www.bloomberg.com/news/articles/2021-01-09/the-inflation-debate-that-s-roiling-u-s-markets-faces-2021-test
Legalizing marijuana, once a pipe dream on Capitol Hill, takes an important step forward | London Free Press
The initial success of the MORE Act is an important sign that sentiment in Washington is changing, guided by increasing public backing for cannabis reform
— Read on lfpress.com/cannabis-news/legalizing-marijuana-once-a-pipe-dream-on-capitol-hill-takes-an-important-step-forward
House Democrats try to pass $2,000 stimulus checks after Trump supports them
House Democrats will move to pass $2,000 direct payments after President Donald Trump said he supports larger stimulus checks.
— Read on www.cnbc.com/2020/12/24/house-votes-on-2000-stimulus-checks-after-trump-supports-them.html