S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
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EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Trade With Artificial Intelligence for Happiness (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Trade With Artificial Intelligence for Happiness (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Trade With Artificial Intelligence for Happiness (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Trade With Artificial Intelligence for Happiness (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Trade With Artificial Intelligence for Happiness (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Trade With Artificial Intelligence for Happiness (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Trade With Artificial Intelligence for Happiness (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Trade With Artificial Intelligence for Happiness (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears

Army Corps of Engineers gets $14B to help ease supply chains

Joe Biden
President Joe Biden pauses as he signs his first executive orders in the Oval Office of the White House in Washington, Jan. 20, 2021. Biden’s long arc in public life has always had one final ambition: to sit behind the Resolute Desk of the Oval Office. He achieved it, albeit at 78 the oldest person to assume the presidency.(AP Photo/Evan Vucci, File)

The Biden administration on Wednesday announced the release of $14 billion to the Army Corps of Engineers to fund 500 projects, with a focus on easing supply chain problems and addressing climate change.

The spending stems largely from President Joe Biden's $1 trillion infrastructure deal, and the administration is trying to show how the projects will improve supply chain backlogs.

There are three specific projects tied to reducing supply bottlenecks by making it easier to transport goods, according to a White House fact sheet. U.S. ports have struggled to manage the inflow of container ships and move containers onto trucks as the economy recovered from the pandemic, resulting in delays in sending goods to consumers and higher prices.

Among the projects being funded for the Army Corps of Engineers is $858 million to replace locks on the Ohio River so that water levels are high enough for large cargo ships. Locks are enclosures that help to raise and lower water levels and make it easier to navigate waterways on uneven terrain.

Wednesday's announcement includes $470 million for a new lock in Michigan that is key for shipping iron ore. There are also investments at the Port of Long Beach in California and Norfolk Harbor in Virginia to accommodate more shipping.

On the climate front, the Army Corps of Engineers will spend $1.1 billion to preserve the Everglades in Florida with projects to capture and store surface water runoff. There will also be $645 million to reduce coastal flood risks and $1.7 billion for inland flood risks.

7 Stocks with the Pricing Power to Push Through High Inflation

When inflation rises, it's not difficult to notice higher prices. But you don't have to be very old to understand the expression that a dollar doesn't buy as much as it used to. The Happy Meal was introduced in 1979 for a price of $1.10. Today, that same meal costs $2.99. Yet, it remains one of the restaurant chain's most popular items. It's also a barometer for the economy because of its convenience for parents.

And consider the iPhone which costs 81% more in 2022 than the initial model that launched in 2007. Yet despite the increase in price, consumers are willing to pay whatever is required.

The key to both of these examples, and others like them, is pricing power. A company that has the ability to raise its prices can maintain its profit margins. That means it delivers consistent results regardless of what's happening in the broader economy. In good times, this may be taken for granted. But when the economy slows down, that consistency stands out.

In this special presentation, we're looking at seven companies with significant pricing power at all times, particularly with inflation currently running at 40-year highs.

View the "7 Stocks with the Pricing Power to Push Through High Inflation".

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