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President Biden Live: The Latest News - The New York Times

Biden Promotes His $2.3 Trillion Infrastructure Package and His Love of Train Travel
Last Updated
May 1, 2021, 6:01 p.m. ETMay 1, 2021, 6:01 p.m. ET
The president is asking for an $80 billion increase in funding for rail projects. A group of Biden supporters launch a multimillion-dollar ad campaign trumpeting the White House coronavirus recovery package and infrastructure proposal.
Here’s what you need to know:
Video
President Biden visited Philadelphia on Friday to mark Amtrak’s anniversary and used the occasion to promote his $2.3 trillion infrastructure proposal, which includes $80 billion for mass transit.CreditCredit.Stefani Reynolds for The New York Times
For a majority of his political career, President Biden was a commuter, making the 90-minute Amtrak Metroliner trip between Washington and his home in Wilmington, Del., when the Senate was in session. There were even a few trips thrown in when he was vice president. ....

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Decades After Police Bombing, Philadelphians 'Sickened' by Handling of Victim's Bones

Decades After Police Bombing, Philadelphians âSickenedâ by Handling of Victimâs Bones
The disclosure that anthropologists at two Ivy League universities had kept bones from a victim of the 1985 MOVE bombing infuriated its members as well as city leaders.
The police, firefighters and workers searching the rubble on Osage Avenue after the police bombing that killed 11 people and destroyed dozens of homes.Credit.George Widman/Associated Press
April 24, 2021, 9:06 a.m. ET
In the early evening of May 13, 1985, the police flew a helicopter over a crowded West Philadelphia neighborhood and dropped a bomb on the rowhouse where members of the communal, anti-government group MOVE lived. ....

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The Fed Meets Against a Revamped Economic Backdrop: Live Updates

Stocks Rebound After Fed Signals Interest Rates Will Remain Low
Last Updated
This briefing has ended. Follow our latest coverage of
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Federal Reserve Will Keep Rates Near Zero
The Federal Reserve Chair, Jerome H. Powell, said on Wednesday that he expects the economy to continue improving this year but plans to keep interest rates near zero until employment increases.
Today, the FOMC kept interest rates near zero and maintained our sizable asset purchases. These measures, along with our strong guidance on interest rates, and on our balance sheet, will ensure that monetary policy will continue to deliver powerful support to the economy until the recovery is complete. Indicators of economic activity and employment have turned up recently. Although the sectors of the economy most adversely affected by the resurgence of the virus and by greater social distancing, remain weak. The unemployment rate remains elevated at 6.2 percent in February. This figure und ....

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A dispute about splitting a $1,400 stimulus check led to the fatal shooting of four people, family says

A dispute about splitting a $1,400 stimulus check led to the fatal shooting of four people, family says
Timothy Bella
© Matt Rourke/AP
Officials at the Treasury Department and Internal Revenue Service said Friday that processing the new round of stimulus payments has already begun. (Matt Rourke/Associated Press)
As new coronavirus stimulus checks were sent out over the weekend, an Indianapolis man allegedly confronted the mother of their infant, believing she owed him half of the $1,400 given to her to help her through the pandemic.
But Jeanettrius Moore did not back down from Malik Halfacre’s purported demand last week for $700 of her stimulus money, her family claims. ....

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A dispute about splitting a $1,400 stimulus check led to the fatal shooting of four people, family says

A dispute about splitting a $1,400 stimulus check led to the fatal shooting of four people, family says
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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