President Joe Biden has tasked Commerce Secretary Gina Raimondo with ensuring the United States will be the world leader in computer chips.

WASHINGTON — The Biden administration is taking steps to address the economic risks from climate change, issuing a 40-page report Oct. 15 on governmentwide plans to protect the financial, insurance and housing markets and the savings of American families.

WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

President Joe Biden warned gasoline stations not to engage in any price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline, which reopened on May 12 after falling victim to a cyberattack.

WASHINGTON — President Joe Biden wants Congress to know he’s sincere about cutting a deal on infrastructure, but the White House is also highlighting needed repairs and upgrades state-by-state that cost far more than what Republicans are willing to spend.

The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Feb. 1.

Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.

U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.

WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.

WASHINGTON — U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors.