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Josh Boak

Josh Boak

Salon

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Biden administration agrees to provide $6.1bn for Micron Technology to produce advanced memory chips in New York and Idaho

Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately be a set of four chip factories near Syracuse...

18.04.2024 10

Fortune

Josh Boak

Biden administration will provide up to $6.4bn in direct funding for Samsung to develop Texas chip manufacturing and research cluster

The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed...

15.04.2024 7

Fortune

Josh Boak

Biden and Trump tout very different tax policies—and personal wealth—as Tax Day arrives

Biden is proud to say that he was largely without money for much of his decades-long career in public service, unlike Trump, who inherited hundreds of...

15.04.2024 7

Fortune

Josh Boak

Prices may be cooling but ‘shelter inflation’ is still causing big voter frustration with the economy: ‘The housing affordability challenge is the worst I’ve ever seen’

The United States is slogging through a housing affordability crisis that was decades in the making.

15.03.2024 7

Fortune

Josh Boak

Biden opposes plans to sell U.S. Steel to Japanese company Nippon

Donald Trump also said earlier this year after meeting with the Teamsters union that he would stop the U.S. Steel acquisition.

14.03.2024 8

Fortune

Josh Boak

Biden’s 2025 budget proposal offers tax breaks for families, health care cost cuts and higher taxes on the wealthy and corporations

It would raise tax revenues by a total of $4.9 trillion over that period and use roughly $1.9 trillion to fund various programs, with the rest going...

12.03.2024 10

Fortune

Josh Boak

Biden’s plan to cut $3 trillion from the national debt: Soak billionaires and corporations with tax increases

Billionaires would need to pay a minimum of 25% in federal taxes on their income and people earning over $400,000 would pay higher Medicare taxes.

07.03.2024 20

Fortune

Josh Boak

About 60% of U.S. adults question Biden's mental capacity to serve as president—and it's the same for Trump

Just 38% of U.S. adults approve of how Biden is handling his job as president.

04.03.2024 10

Fortune

Josh Boak

The Chip Wars bang on: GlobalFoundries scores $1.5 billion to fund expansion in New York, Vermont

The chipmaker is the latest to see a funding infusion as part of Biden's CHIPS and Science Act.

20.02.2024 3

Fortune

Josh Boak

Booming stocks and cooling inflation have convinced 35% of Americans the economy is going well

The new poll puts Biden's approval rating at 38%, which is roughly where that number has stood for most of the past two years.

01.02.2024 6

Fortune

Josh Boak

Leading semiconductor supplier receives $162M funding from Biden administration

The investments would enable Microchip Technology to triple its domestic production.

04.01.2024 10

Fortune

Josh Boak

New Hampshire military contractor becomes first plant to get CHIPS funding as U.S. steps up its manufacturing war with China

BAE Systems will get $35 million to boost production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.

12.12.2023 3

Fortune

Josh Boak

Biden’s economy looks solid but voters are still not feeling 'Bidenomics' as they head into 2024 election season

Pollsters and economists say there has never been as wide a gap between the underlying health of the economy and public perception.

11.12.2023 6

Fortune

Josh Boak

Biden touts ‘progress’ on inflation as he takes aim at ‘junk fees’ and corporate ‘price-gouging’ in first meeting of supply chain council

“We know that prices are still too high for too many things, that times are still too tough for too many families,” Biden said. “But we've made...

28.11.2023 10

Fortune

Josh Boak

Biden's new supply chain council is trying to bring down inflation—a key challenge in his 2024 presidential run

Supply chain problems fueled higher inflation as the U.S. recovered from the COVID-19 pandemic in 2021.

27.11.2023 6

Fortune

Josh Boak

Meta deliberately designed its platforms to hook children by exploiting their psychological shortcomings, court documents claim

Meta execs admitted the company designed its products to exploit children's impulsive behavior, susceptibility to peer pressure, and underestimation...

27.11.2023 6

Fortune

Josh Boak

Biden Avoids Trade Deals While Promising a Better Economic Relationship With Asia

With IPEF, the U.S. administration is hoping to sidestep domestic politics while addressing issues such as supply chains and climate change.

16.11.2023 2

The Diplomat

Josh Boak

Biden has been working since June to reopen a shuttered Jeep, Dodge, and Ram factory. The UAW made it happen—and added 1,300 jobs

As the president addressed Chicago about "Bidenomics" in June, he learned with horror that Stellantis was about to close a plant in Belvidere,...

09.11.2023 2

Fortune

Josh Boak

Joe Biden will meet with UAW's Shawn Fain, but what he really wants is the union's endorsement for the 2024 election

The UAW has yet to endorse Biden, making the union one of the major holdouts as other labor organizations have backed the Democratic president.

08.11.2023 20

Fortune

Josh Boak

Inside Joe Biden's courtship of Shawn Fain: The president congratulates the union head who's withholding an endorsement (so far)

Union households represent only 16% of voters nationwide, but Biden won the group by 56% in 2020, according to AP VoteCast. Detroit is waiting and...

04.11.2023 3

Fortune

Josh Boak

Biden signing new AI order requiring agencies and tech industry to quickly develop safety and security rules: 'We can’t move at a normal government pace'

In Biden's view, the government was late to address the risks of social media and now U.S. youth are grappling with related mental health issues.

30.10.2023 9

Fortune

Josh Boak

Hidden and bogus junk fees that can mask the total cost of concert tickets, hotel rooms and utility bills may soon be no more

President Joe Biden has made the removal of these fees a priority of his administration.

11.10.2023 7

Fortune

Josh Boak

Biden pushes to scrub medical debt from credit scores so people will be ‘better be able to invest in their future’

The federal government said that including medical debt in credit scores is problematic because “mistakes and inaccuracies in medical billing are...

22.09.2023 3

Fortune

Josh Boak

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