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FAI defends season ticket price hikes and highlights value for money and loyal fanbaseBy JOSH BOAK WASHINGTON (AP) — President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple, effective act of branding. Biden did the second-guessing as he delivered a speech at the Brookings Institution defending his economic record and challenging Trump to preserve Democratic policy ideas when he returns to the White House next month. Related Articles National Politics | Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan National Politics | Donald Trump is returning to the world stage. So is his trolling National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television As Biden focused on his legacy with his term ending, he suggested Trump should keep the Democrats’ momentum going and ignore the policies of his allies. The president laid out favorable recent economic data but acknowledged his rare public regret that he had not been more self-promotional in advertising the financial support provided by his administration as the country emerged from the pandemic. “I signed the American Rescue Plan, the most significant economic recovery package in our history, and also learned something from Donald Trump,” Biden said at the Washington-based think tank. “He signed checks for people for 7,400 bucks ... and I didn’t. Stupid.” The decision by the former reality TV star and real estate developer to add his name to the checks sent by the U.S. Treasury to millions of Americans struggling during the coronavirus marked the first time a president’s name appeared on any IRS payments. Biden and Vice President Kamala Harris , who replaced him as the Democratic nominee , largely failed to convince the American public of the strength of the economy. The addition of 16 million jobs, funding for infrastructure, new factories and investments in renewable energy were not enough to overcome public exhaustion over inflation, which spiked in 2022 and left many households coping with elevated grocery, gasoline and housing costs. More than 6 in 10 voters in November’s election described the economy as “poor” or “not so good,” according to AP VoteCast, an extensive survey of the electorate. Trump won nearly 7 in 10 of the voters who felt the economy was in bad shape, paving the way for a second term as president after his 2020 loss to Biden. Biden used his speech to argue that Trump was inheriting a strong economy that is the envy of the world. The inflation rate fell without a recession that many economists had viewed as inevitable, while the unemployment rate is a healthy 4.2% and applications to start new businesses are at record levels. Biden called the numbers under his watch “a new set of benchmarks to measure against the next four years.” “President-elect Trump is receiving the strongest economy in modern history,” said Biden, who warned that Trump’s planned tax cuts could lead to massive deficits or deep spending cuts. He also said that Trump’s promise of broad tariffs on foreign imports would be a mistake, part of a broader push Tuesday by the administration to warn against Trump’s threatened action. Treasury Secretary Janet Yellen also issued a word of caution about them at a summit of The Wall Street Journal’s CEO Council. “I think the imposition of broad based tariffs, at least of the type that have been discussed, almost all economists agree this would raise prices on American consumers,” she said. Biden was also critical of Trump allies who have pushed Project 2025 , a policy blueprint from the Heritage Foundation that calls for a complete overhaul of the federal government. Trump has disavowed participation in it, though parts were written by his allies and overlap with his stated views on economics, immigration, education policy and civil rights. “I pray to God the president-elect throws away Project 2025,” Biden said. “I think it would be an economic disaster.” Associated Press writer Fatima Hussein in Washington contributed to this report.
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Enel Chile S.A. ( NYSE:ENIC – Get Free Report )’s stock price gapped down prior to trading on Friday . The stock had previously closed at $2.80, but opened at $2.72. Enel Chile shares last traded at $2.74, with a volume of 19,952 shares traded. Wall Street Analysts Forecast Growth Several research firms have issued reports on ENIC. Scotiabank lowered shares of Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 price target for the company. in a research report on Friday. StockNews.com upgraded Enel Chile from a “hold” rating to a “buy” rating in a report on Friday, August 9th. View Our Latest Research Report on Enel Chile Enel Chile Trading Down 3.6 % Institutional Trading of Enel Chile Institutional investors have recently modified their holdings of the company. Wealthstream Advisors Inc. bought a new position in Enel Chile during the 2nd quarter valued at approximately $29,000. Cubist Systematic Strategies LLC raised its holdings in shares of Enel Chile by 1,114,700.0% during the second quarter. Cubist Systematic Strategies LLC now owns 11,148 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 11,147 shares in the last quarter. Savvy Advisors Inc. purchased a new stake in Enel Chile in the third quarter worth $52,000. Townsquare Capital LLC purchased a new position in Enel Chile during the 3rd quarter valued at $65,000. Finally, International Assets Investment Management LLC raised its holdings in Enel Chile by 179.0% in the 3rd quarter. International Assets Investment Management LLC now owns 33,832 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 21,706 shares in the last quarter. 3.20% of the stock is currently owned by hedge funds and other institutional investors. About Enel Chile ( Get Free Report ) Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants. Further Reading Receive News & Ratings for Enel Chile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enel Chile and related companies with MarketBeat.com's FREE daily email newsletter .
Former Stanley Cup champion and New York Rangers defenseman officially announces retirement
The National Council of Negro Women, Staten Island Section, honors beloved founderWallenius Marine is conducting advanced wind tunnel tests aimed at realising the world’s first wind-powered PCTC (Pure Car and Truck Carrier) vessel. The tests are being carried out in Gothenburg, at one of Europe’s most advanced wind tunnels, with wind speeds of up to 250 km/h. As a leader in ship design and innovation, Wallenius Marine is gathered with experts from RISE, KTH, and Oceanbird in Gothenburg for a series of crucial tests to validate the latest design for wind-powered PCTC vessels, a groundbreaking innovation in maritime transport. These tests will not only confirm the design but also contribute to the development of new data simulation models for wind-powered ships. The test areas include: The tests are being conducted by RISE Maritime Department (former SSPA), which has also constructed a 5 x 2 meter model using advanced technology. The model weighs 1.2 tons and is used to simulate the full aerodynamic performance of the ship in the wind tunnel. Previously, wing sails have been tested independently without a hull, but this combination of hull and multiple wings in a large tunnel with a full-scale model makes this test unique. “We are currently at a central stage in the design process where we want to ensure that our design meets all technical and operational requirements before we finalise the tender design,” says Carl Fagergren, Senior Project Manager at Wallenius Marine. Also present in Gothenburg are representatives from KTH, RISE SSPA, and Oceanbird, who are contributing expertise and technical knowledge to the project. Source: Wallenius Marine