President Joe Biden announced Thursday United States automakers set the goal of having 40-50 percent of their auto sales originate from electric cars by 2030. Only 2.2 percent of new vehicle sales were fully electric vehicles through June, according to Edmunds.com estimates. That’s up from 1.4 percent at the same time last year. The video above…

WASHINGTON (AP) — Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4% another sign that the U.S. economy continues to bounce back with surprising vigor from last year’s coronavirus shutdown. The July numbers exceeded economists’ forecast for more than 860,000 new jobs. Hotels and restaurants, reopening and doing…

President Joe Biden announced Tuesday the United States has donated more than 110 million doses of the COVID-19 vaccine to 65 countries around the world. The video above includes clips from President Biden’s announcement. “According to the United Nations, this is more than the donations of all 24 countries that have donated any vaccine to…

Attorney General Merrick Garland officially launched a Justice Department plan to send gun trafficking strike forces to five American cities Thursday. The plan was initially announced last month. The video above shows AG Garland and Deputy Attorney General Lisa Monaco speaking about the strike forces. In the announcement, the DOJ said, “the strike forces will…

A new CBS News poll shows that 58% of people surveyed say they approve of President Joe Biden’s overall job performance. While 58% may seem low, it’s not when it comes to approval ratings. Real Clear Politics calculated that President Trump’s annual approval rating capped out at about 44 percent. President Obama’s topped at about…

President Joe Biden responded to critics who predicted the end of capitalism in the the United States once Biden was elected, saying “capitalism is alive and very well”. The video above shows parts of President Biden’s speech, which he delivered at the White House Monday morning. “Before I took office, there was a lot of…

Fresh off a meeting with German Chancellor Angele Merkel Thursday, President Joe Biden is set to meet virtually with other world leaders to discuss how to recover the world economy after the pandemic. The meeting will focus on the Pacific Rim, with Chinese leader Xi Jinping, Japanese Prime Minister Yoshihide Suga and Russian President Vladimir…

According to CBS News and other media reports, those who collect social security may see a 6.1 percent bump in benefits in the near future. That would be the largest increase since 1983, according to CBS. The media reports all attributed the 6.1 percent figure to a new forecast from the nonpartisan Senior Citizens League. The…

Tokyo’s fourth state of emergency since the COVID-19 pandemic began got underway Monday, in a last-ditch effort to curb a rise in cases ahead of the previously postponed Olympic Games. The Games run from July 23 to August 8. Tokyo recorded 502 new cases Sunday. That makes the 23rd straight day of week-on-week gains. The…

President Joe Biden signed a sweeping executive order on Friday targeting tech, health care and other parts of the economy. What exactly is an executive order and can Congress or the Supreme Court do anything about it?