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Will Joe Biden sign a bipartisan infrastructure package?

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US President Joe Biden on jobs

The White House is working hard to sell the bipartisan infrastructure deal that was announced by President Joe Biden and senators last week

Uncertainty still remains over whether US President Joe Biden will sign a bipartisan infrastructure package into law if it doesn’t tick a number of boxes.

Speaking in Wisconsin, Biden says the $1.2 trillion package is proof that America’s democracy can function and the deal will accelerate the nation.

But the bipartisan agreement has come under criticism by both Republican and Democrat lawmakers.

Democrats are concerned the two-party agreement will make it more difficult to pass the larger spending bill on climate change, health care and education

Biden says he knows that neither party got everything they wanted in the infrastructure deal, but this is what it means to compromise and reach consensus…

In yesterday’s briefing, the White House referred to last week’s press conference when Biden said he will not sign the bill if it doesn’t arrive with the American Families Plan and other priorities attached.

The Press Secretary admits these comments upset some Republicans who do not see the two plans as linked and are hoping to defeat the Families Plan when it goes to vote.

Biden redacts his veto threat

Biden later corrected himself, saying he left an impression that he was issuing a veto threat on the very plan he has agreed to – which is not his intent.

It follows news last week that Republicans and Democrats had agreed to work together to pass a wide-ranging national infrastructure package.

The White House Press Secretary says Biden expects to sign the infrastructure bill and the families bill into law, it’s just unclear whether this will be done separately or together…

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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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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