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On April 4, the Yangtze River Delta Railway ushered in the peak of passenger flow during the Qingming Festival. It is expected to send 4.1 million passengers today, 365,000 more than the same period last year, an increase of about 9.8%, and is expected to set a new record for single-day passenger volume. This years Qingming Festival railway transportation will start from April 3 to 7. The Yangtze River Delta Railway is expected to send 17.6 million passengers in 5 days, with an average daily passenger flow of 3.52 million, a year-on-year increase of 6.8%.The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."

Biden Defends His Management of Inflation in North Carolina

Aria Thomas

Apr 15, 2022 09:46

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However, Obama spent a significant portion of his address on his economic management, which contributed to a decline in his job approval rating, which might bode problems for Democrats in November's legislative midterm elections.


Biden claimed that job creation increased during his first year in office, with 365,000 new manufacturing jobs added, and the unemployment rate fell significantly.


However, consistent price rises across the board are a drag on Biden.


"I am aware that we continue to face the problem of rising costs and inflation," Biden said. "Putin's invasion of Ukraine has resulted in an increase in global gas prices." He said that food costs had been influenced as well by a decline in Ukraine wheat shipments.


Biden urged Congress to finalize the Bipartisan Innovation Act, which aims to increase investment in new technology and American manufacturing in order to compete with China.


Biden, according to White House sources, wants Congress to adopt the measure as quickly as possible and is encouraged that members in both the House of Representatives and the Senate have started ironing out discrepancies between their chambers' versions of the legislation.


"Congress must expeditiously deliver this measure to my desk. Our economic prosperity is at stake, as is our national security "As Biden said.


Biden said after witnessing a four-legged robot called Spot march across a university room, demonstrating the school's research. According to reports, the robotic dog was capable of maneuvering across complicated situations in order to undertake distant missions.


Biden's visit to a historically Black institution in a crucial election state comes as a November Senate battle in that state is anticipated to determine whether Biden's Democratic Party holds its small congressional majority.


The president's popularity has dwindled, with his approval rating approaching an all-time low of 41%, according to a Reuters survey released this week.

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