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Biden applauds efforts to alleviate supply chain delays

Published

3 years ago

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US President Joe Biden has credited the work of his administration when it comes to aiding the nation’s supply chain crunch, during a meeting with supply chain execs

This comes as many shelves throughout America remain stocked over this busy holiday period, despite predictions gifts would be delayed in the mail.

Biden says his administration was very aware of supply chain problems leading into the holiday period and acted.

The president met with members of his supply chain task force, as well as executives from Fed-Ex, Yellow Corp and other delivery partners.

As part of its efforts to alleviate delays, the administration moved all major ports to a 24/7 operation.

Major retailers like Walmart, FedEx and UPS also agreed to round the clock operations.

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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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Fed’s signal a “No landing” scenario for the U.S. economy

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11 hours ago

on

October 7, 2024

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A “No landing” scenario for the US economy has become more plausible following a significant jobs surge in September.

U.S. job market surged in September with over 254,000 jobs added, surpassing the 150,000 forecasts July and August job numbers revised upward by a combined 72,000 positions.

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Biden is “discussing” support for Israel over Iran oil strike

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3 days ago

on

October 4, 2024

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The Biden administration believes it’s still “appropriate” for Israel to continue its ground and air attacks on Hezbollah.

The Middle East is a tinder box as Israel retaliates to Iran’s bombing earlier this week as well as fighting Hamas, Hezbollah and the Houthis in Gaza, Lebanon and Yemen. But what are the economic and geo-political implications? #featured #trending

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Defence shares rise to record high following Middle East attacks

Published

5 days ago

on

October 2, 2024

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Stocks retreated Tuesday, with rising tensions in the Middle East cooling investor momentum after a strong quarter.

Oil prices eased and stocks recovered some ground after initial reports, as hopes grew that damage from the attack and any Israeli response would remain limited.

This market drop underscores the delicate balance between geopolitical risk and economic optimism. #featured #trending

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