China’s government on Monday criticized President Joe Biden’s statement that American forces would defend Taiwan if Beijing tries to invade as a violation of U.S. commitments about the self-ruled island, but gave no indication of possible retaliation.
California Gov. Gavin Newsom wants voters to reject a new tax on rich people that would pay for more electric vehicles in the nation’s most populous state, warning in a new statewide TV ad that a measure on the ballot this November won’t help the environment but is instead “one company’s cynical scheme to grab a huge taxpayer subsidy.”
President Joe Biden said Monday said if Democrats lose Congress after the upcoming midterm elections, it’s going to be a “difficult two years,” and he’s going to be spending a lot of time “with the veto pen.”
The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control.
During the first two years of the pandemic, the number of people working from home in the United States tripled, home values grew and the percentage of people who spent more than a third of their income on rent went up, according to survey results released Thursday by the U.S. Census Bureau.