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Business

Joe Biden wants to avoid the Obama era’s biggest economic mistake. Congress may not let him

By rankleapnet January 27, 2021January 21, 2021

The federal government didn't act aggressively enough in 2009 to fight the Great Recession. And the economic recovery was weaker as a result. Joe Biden, as former President Obama's vice…

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Business

Shares in oil giants surge after slick move from Opec

By rankleapnet January 26, 2021March 6, 2021

Oil was the main talking point after Opec decided against ramping up production in April. The surprise decision taken by the organisation, which includes Saudi Arabia, Iran and a host…

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Business

Biden is about to become @POTUS: How the social media transition of power will unfold

By rankleapnet January 25, 2021January 21, 2021

As Joe Biden was sworn in as the president of the United States, another transition of power took place on social media. On Wednesday, Biden and his team gained access…

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Business

Joe Biden’s proposed stimulus checks are a lousy way to fix the economy

By rankleapnet January 24, 2021January 21, 2021

The most expensive provision in Joe Biden's $1.9 trillion economic recovery plan is his proposal to send an additional $1,400 to most Americans. According to many economists, that's the least…

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Business

4 ways Joe Biden plans to fix the economy

By rankleapnet January 23, 2021January 21, 2021

Joe Biden will be sworn in as president at noon Wednesday. During his campaign, he made sweeping promises to restore the economy and speed up the recovery from the pandemic.…

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Business

Janet Yellen says Treasury should focus on workers, women and minorities

By rankleapnet January 22, 2021January 21, 2021

Janet Yellen, President-elect Joe Biden's pick for Treasury secretary, urged Congress during her confirmation hearing Tuesday to move swiftly on bold stimulus spending to relieve the economic suffering that the…

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Business

The Biden post-election market surge is the best for a new president in modern history

By rankleapnet January 21, 2021January 21, 2021

Stocks have gained about 13% since Election Day as of Tuesday, a day before Joe Biden's inauguration — marking the the best post-election market performance for a new president in…

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