WASHINGTON: President Joe Biden in his Wednesday farewell speech to the nation warned that American democracy was sliding into an “oligarchy” of tech billionaires. But what exactly is an oligarchy? What is an oligarchy? In short, an oligarchy is an elite few who control the government’s actions. By using the pointedly negative term “oligarchy,” Biden…
In his poignant farewell speech, President Joe Biden issued a dire warning: “Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead.” Aimed squarely at figures like President-elect Donald Trump and…
Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that makes buying such cars and trucks more affordable. But understanding which cars it applies to and under what circumstances can be confusing. And all of those rules could change…
Outgoing US President Joe Biden, set to leave the White House in less than five days, has issued a stark warning about the rise of an “oligarchy in America” and the “dangerous concentration of power” among a small group of ultra-wealthy individuals, which he says threatens the nations democracy and the promise of equal opportunity…
The long-sought, tortuously negotiated Gaza cease-fire deal announced on Wednesday came about in part through a remarkable collaboration between President Biden and President-elect Donald J. Trump, who temporarily put aside mutual animosity to achieve a mutual goal. The two presidents directed their advisers to work together to push Israel and Hamas over the finish line…
Outgoing US President Joe Biden, who is set to exit the White House in less than five days, warned against “oligarchy taking shape in America” and a “dangerous concentration of power” among a very few ultra wealthy people that threatens the country’s democracy and a fair shot for everyone to get ahead. He made the…
The long-sought, tortuously negotiated Gaza cease-fire deal announced on Wednesday came about in part through a remarkable collaboration between President Biden and President-elect Donald J. Trump, who temporarily put aside mutual animosity to achieve a mutual goal. The two presidents directed their advisers to work together to push Israel and Hamas over the finish line…
When President-elect Donald J. Trump’s Middle East envoy, Steve Witkoff, met with Prime Minister Benjamin Netanyahu of Israel on Saturday to pressure him on a cease-fire deal in Gaza, there was someone on the speakerphone: Brett H. McGurk, President Biden’s longtime Mideast negotiator. It was a vivid example of cooperation between two men representing bitter…
At their confirmation hearings on Wednesday, the two men in line to oversee the United States’ global energy policies, Senator Marco Rubio and the fossil fuel executive Chris Wright, are expected to assail President Biden as overly concerned with climate change. According to a spokeswoman, Mr. Wright, who was picked to lead the Department of…
The Biden administration unveiled a proposal on Wednesday to cut the level of nicotine in cigarettes, a last-minute push on a plan that could meaningfully cut cancer rates nationwide and extend the lives of millions of cigarette smokers. If finalized, the proposal would require cigarette makers to significantly reduce the levels of nicotine in their…