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Instead of just charging people based on how much energy they use, California's power companies want to charge them partly based on how much money they make.
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The U.S. Oil & Gas Association took a shot at President Biden after he tweeted on Saturday that 'companies running gas stations' should just 'bring down the price you are charging at the pump.' They told him to 'please make sure the WH intern who posted this tweet signs up for Econ 101 for the fall semester.'
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Jeff Bezos, the founder of Amazon, criticized President Biden for blaming gas station companies for sky-high prices at the pump. He said the president was either 'misdirecting' or showing a 'deep misunderstanding' of how the economy works.
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Since the late twentieth century, America has progressed in one direction while China has progressed in the opposite.
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What Washington Can Learn From Beijing When It Comes to Technology Investing.
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Be wary: China may be dictating what you eat and what you don't. In fact, China may begin deciding whether or not you will be able to eat at all.
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Sipping on a cool Budweiser or digging into a Whopper used to be the quintessential American pastime. However, those times are long gone.
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For several years, Chinese conglomerates have been buying stakes in American companies and real estate.
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While you may believe that the iconic American companies you see on a daily basis are wholly American, many are really owned by Chinese investors.
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Under pressure from both Beijing and Washington, Chinese enterprises are losing value.