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Biden’s plan to tackle supply chain bottlenecks

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US President Joe Biden has just delivered remarks addressing how his administration plans to tackle the ongoing supply chain crisis

WASHINGTON, DC – MAY 13: U.S. President Joe Biden

This follows the president meeting with senior officials and stakeholders… devising a plan as to how to collectively tackle the issue.

Port operators, truckers’ associations, labor unions and executives from large companies were all present at the talks.

The White House has pledged to make a “90-day sprint” to reduce bottlenecks… and some will start working 24/7.

Most significantly, the Port of Los Angeles will move to constant service.

White House chief of Staff Jen Psaki says the Biden administration is “using every tool at their disposal to ease the impact on the American people”.

The coronavirus pandemic has wreaked havoc on supply chains right around the world… with the vast network of ports, container vessels and trucking companies now badly congested.

The President also used his address to promote his bipartisan infrastructure bill… pushing congress to pass the legislation.

Biden says “in order to be globally competitive, America needs to improve its capacity to make things in America and that’s why he’s pushing for a an investment in infrastructure

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Why “Stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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