S&P 500   3,776.79 (-0.37%)
DOW   30,241.48 (-0.25%)
QQQ   280.85 (-0.45%)
AAPL   145.76 (-0.23%)
MSFT   248.11 (-0.31%)
META   137.70 (-1.84%)
GOOGL   100.77 (-0.86%)
AMZN   120.35 (-0.61%)
TSLA   238.91 (-4.22%)
NVDA   130.98 (-0.52%)
NIO   15.89 (-5.02%)
BABA   84.06 (-0.06%)
AMD   67.47 (-0.63%)
T   15.90 (-1.18%)
MU   54.61 (+1.20%)
CGC   3.03 (-3.50%)
F   12.43 (+0.57%)
GE   67.57 (+0.04%)
DIS   100.13 (-1.29%)
AMC   7.41 (-5.36%)
PYPL   93.84 (+1.13%)
PFE   44.00 (-1.03%)
NFLX   233.72 (-2.92%)
S&P 500   3,776.79 (-0.37%)
DOW   30,241.48 (-0.25%)
QQQ   280.85 (-0.45%)
AAPL   145.76 (-0.23%)
MSFT   248.11 (-0.31%)
META   137.70 (-1.84%)
GOOGL   100.77 (-0.86%)
AMZN   120.35 (-0.61%)
TSLA   238.91 (-4.22%)
NVDA   130.98 (-0.52%)
NIO   15.89 (-5.02%)
BABA   84.06 (-0.06%)
AMD   67.47 (-0.63%)
T   15.90 (-1.18%)
MU   54.61 (+1.20%)
CGC   3.03 (-3.50%)
F   12.43 (+0.57%)
GE   67.57 (+0.04%)
DIS   100.13 (-1.29%)
AMC   7.41 (-5.36%)
PYPL   93.84 (+1.13%)
PFE   44.00 (-1.03%)
NFLX   233.72 (-2.92%)
S&P 500   3,776.79 (-0.37%)
DOW   30,241.48 (-0.25%)
QQQ   280.85 (-0.45%)
AAPL   145.76 (-0.23%)
MSFT   248.11 (-0.31%)
META   137.70 (-1.84%)
GOOGL   100.77 (-0.86%)
AMZN   120.35 (-0.61%)
TSLA   238.91 (-4.22%)
NVDA   130.98 (-0.52%)
NIO   15.89 (-5.02%)
BABA   84.06 (-0.06%)
AMD   67.47 (-0.63%)
T   15.90 (-1.18%)
MU   54.61 (+1.20%)
CGC   3.03 (-3.50%)
F   12.43 (+0.57%)
GE   67.57 (+0.04%)
DIS   100.13 (-1.29%)
AMC   7.41 (-5.36%)
PYPL   93.84 (+1.13%)
PFE   44.00 (-1.03%)
NFLX   233.72 (-2.92%)
S&P 500   3,776.79 (-0.37%)
DOW   30,241.48 (-0.25%)
QQQ   280.85 (-0.45%)
AAPL   145.76 (-0.23%)
MSFT   248.11 (-0.31%)
META   137.70 (-1.84%)
GOOGL   100.77 (-0.86%)
AMZN   120.35 (-0.61%)
TSLA   238.91 (-4.22%)
NVDA   130.98 (-0.52%)
NIO   15.89 (-5.02%)
BABA   84.06 (-0.06%)
AMD   67.47 (-0.63%)
T   15.90 (-1.18%)
MU   54.61 (+1.20%)
CGC   3.03 (-3.50%)
F   12.43 (+0.57%)
GE   67.57 (+0.04%)
DIS   100.13 (-1.29%)
AMC   7.41 (-5.36%)
PYPL   93.84 (+1.13%)
PFE   44.00 (-1.03%)
NFLX   233.72 (-2.92%)

White House hosts local officials, touts impact of policies

Joe Biden
President Joe Biden smiles in the Oval Office of the White House, Sept. 16, 2022, in Washington. The White House is reaching out to local governments. It's hosting officials from North Carolina on Thursday to highlight funding opportunities and hear firsthand how coronavirus relief, infrastructure dollars and other policies are faring in communities. (AP Photo/Alex Brandon, File)

WASHINGTON (AP) — The White House on Thursday launched a new effort to show local governments what it can do for their communities, hosting North Carolina officials to highlight funding opportunities and hear firsthand how coronavirus relief, infrastructure dollars and other policies are faring locally.

The event reflects an expansion of the use of the White House campus as pandemic restrictions have eased. It's also part of a larger initiative to host municipal, county and state officials on a weekly basis from all 50 states, coinciding with campaigning for November's midterm elections as the White House tries to energize Democratic voters.

“We’re entering into a phase of our administration when we can do more in terms of convening at the White House,” said Julie Rodriguez, director of the White House Office of Intergovernmental Affairs. “It’s incredibly inspiring for us to get more proximate to the impact we’re having on Americans’ everyday lives.”

One of the key messages for the visit by North Carolina officials is the recovery in manufacturing. Steady hiring since the middle of last year has brought the U.S. manufacturing jobs total to 12.85 million, the most since late 2008 as the financial crisis triggered more than 2 million layoffs in the sector.

Officials and the group from North Carolina discussed plans by Wolfspeed to invest $5 billion in building a silicon chip factory that is forecast to create an estimated 1,800 jobs in the state.

That discussion followed the first group visit recently by officials from Ohio. President Joe Biden earlier this month spoke at the groundbreaking for a new Intel plant near Columbus. Both Ohio and North Carolina have open Senate seats this year.

Thursday’s half-day included Environmental Protection Agency Administrator Michael Regan, who's from North Carolina. Rodriguez and Keisha Lance Bottoms, a former Atlanta mayor who is now a White House senior adviser, also were to talk to the group.


In attendance were more than 50 North Carolina officials, including U.S. Rep. Kathy Manning, state lawmakers, the mayors of Charlotte, Wilmington, Fayetteville, Greensboro, Winston-Salem, Chapel Hill, Raleigh, Concord, Kinston and Durham, in addition to leaders from Wake and Guilford counties.

Just as administration officials want to hear local stories, they also want to emphasize the possible opportunities that local governments might have because of the bipartisan infrastructure law, the incentives for developing computer chips and scientific research, and the recent package to encourage climate-friendly energy sources and limit prescription drug prices.

As part of the day's events, the White House connected those officials with regional media outlets in a sign that they're trying to bring the message to the wider public. That will be crucial in terms of political messaging. Republicans seeking control of the House and Senate have blamed high inflation on Biden's $1.9 trillion coronavirus relief package, while the administration say the prices are a byproduct of global events such as the pandemic and Russia's February invasion of Ukraine.

The White House says its efforts have helped workers by swiftly bringing down unemployment rates to a low 3.7%, but the Republican drumbeat is that consumer prices are up 8.3% from a year ago and the primary reason for voter concern. Gasoline prices have eased since peaking in June, but the Federal Reserve estimated Wednesday that unemployment will likely rise to bring down inflation.

“The inflation rate plateauing above 8% does not mean that families are catching a break — it means exactly the opposite,” Senate Republican leader Mitch McConnell said in a Monday speech to the Senate. “It means that families are continuing to see prices go up and up and up all the time.”

7 Railroad Stocks to Keep Your Portfolio Chugging Along

Railroad stocks aren't the most glamorous of choices. Moving items from point A to point B is not supposed to be. In fact, it's something that most of us take for granted. That predictability, however, is why there's room for these stocks in every portfolio.

You can say the world has become smaller. And there's no question that airplanes and last-mile delivery play a significant role in the global economy. But there's still a significant role for railroads. To begin with, they can transport some things that other forms of transport cannot. Second, there will always be demand for rail freight.

And railroad stocks pay you to own them because of the dividend. Like utility stocks, many of these companies offer stable dividends which, in some cases have increased over time.

In this presentation, we're looking at seven railroad stocks that can help provide your portfolio with consistent income and a little growth when the economy is strong.

View the Stocks Here .

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