After outgoing US President Joe Biden recently warned Americans of the threat oligarchy poses for the country, a Fortune report found that the world's richest consolidated wealth and became $1.5 trillion richer in his term.
The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an “oligarchy” and a “tech industrial complex” that threaten US democracy.
One of President Joe Biden’s signature promises was to ease the student-loan burden on millions of Americans. He’ll leave office with the debt pile slightly bigger than when he arrived.
Tech industry leads the list of the top billionaires in the US, far outpacing the richest athletes and famous celebrities. See who made the list.
A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
For all of Wall Street’s excitement about Donald Trump’s growth agenda, the biggest banks are ending the Biden years on a high note.
During its final days in office, the outgoing administration is hurrying to complete an executive order by President Joe Biden intended to bolster U.S. cybersecurity. The order incorporates takeaways from recent hacks.
President Joe Biden said he’s determined to peacefully hand over power later this month, while warning against efforts to downplay the violent mob assault on the US Capitol that sought to prevent certification of his own election four years ago.
The US is reportedly expected to tighten chip restrictions, impacting Taiwan Semiconductor Manufacturing Company (TSM), according to reports from Bloomberg. The chip restrictions would be the latest of US President Joe Biden's last actions before Donald Trump's return to the White House.
The Biden administration has distributed at least $26 billion of dollars in financing to clean-energy companies in its final days before President-elect Donald Trump takes off.
The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations at a furious pace. However, many of them could be reversed by the incoming Trump administration.