PlayStation Growth Boosts Sony Shares to Record Closing HighIn a lengthy speech at the Brookings Institution, a Washington, D.C. think tank, on Tuesday, President Joe Biden forcefully defended his economic legacy and harshly criticized his successor. “Most economists agree the new administration is going to inherit a fairly strong economy, at least at the moment, an economy going through fundamental transformation,” Biden said. “It is my profound hope that the new administration will preserve and build on this progress. Like most great economic developments, this one is neither red nor blue, and America's progress is everyone's progress.” RELATED STORY | What impacts will a Trump presidency have on the economy? The president pointed specifically to record job growth during his tenure and an historically-low unemployment rate, as well as solid GDP performance, major investments in infrastructure and a soaring stock market. Most economists agree Biden’s term in office has coincided with a strong jobs market, and note the economic forecast remains bright – especially when contrasted to that of other peer nations, many of which have struggled to rebound from the COVID-19 pandemic. And yet, Americans by and large disapprove of Biden’s economic tenure, particularly the high costs of goods and services. Though inflation has fallen some, it remains higher than when the president took office and has become a frequent point of attack for Republicans critical of the Biden administration. RELATED STORY | Wealthier Americans are driving retail spending and powering US economy President-elect Donald Trump’s victory last month served in some was as a repudiation of the president’s so-called “Bidenomics” policies, with most voters telling pollsters they were dissatisfied with the state of the U.S. economy and Biden’s handling of the issue. Since Trump’s election, attitudes towards the economy have improved slightly, particularly among Republicans; according to research from Gallup, just eight percent of Republicans in October viewed economic conditions as getting better, compared to 30% last month. Biden himself seemed to acknowledge some missteps in selling his economic vision to Americans. “I also learned something from Donald Trump,” Biden said. “He signed checks for people for $7,400 bucks,” the president noted of the pandemic-era relief measures. Even though Biden approved similar relief efforts during his term, his name never appeared on American’s checks. “I didn't – stupid,” Biden conceded. RELATED STORY | Powell says Fed will likely cut rates cautiously given persistent inflation pressures Seeking to bolster Biden’s economic legacy, the White House on Tuesday launched a new website hailing the “Biden Economy,” featuring statistics about economic performance during his term and complimentary videos from his supporters. Biden’s speach, meanwhile, also served as a warning of sorts to his successor, with the president arguing against tax cuts for the wealthy and the notion that such benefits would “trickle down” to middle class Americans. “You can make as much money as you can, good for you, but everybody's got to be they pay their fair share,” Biden said. Trump has pledged to extend the tax cuts he signed into law in 2017, telling NBC News he intends to submit a tax package to Congress within his first 100 days in office. “They’re coming due and they’re very substantial for people,” Trump said of his 2017 cuts. “That’s what led us to one of the greatest economies ever.” RELATED STORY | Amid corporate layoffs, 36% of workforce turns to gig economy for alternative employment A report by the nonpartisan Congressional Budget Office in December found that failing to extend those tax incentives would have a negligible impact on the economy, though Republicans are expected to pursue them and other business tax breaks after they retake both chambers of Congress next year. Trump has also promised to impose significant tariffs on the import of foreign goods from Mexico, Canada and China – despite economists’ and retailers’ warnings that will drive up consumer prices. Trump in the NBC interview said he couldn’t guarantee the move wouldn’t increase consumer costs, something Biden harshly refuted. “I believe we've proven that approach is a mistake over the past four years,” Biden said. “But we all know in time, we all know in time what will happen.”( MENAFN - GetNews) In Huai'an, Jiangsu Province, Professor Amir from the UK has spent the past ten years forging a deep connection with this city. As a professor at Huaiyin Institute of technology and the chief expert of the Foreign Experts Studio in Jiangsu Province, he has not only excelled in teaching and scientific research but also developed a profound affection for this vibrant region. Since arriving in Huai'an in 2015, Amir has become a key figure in the city's scientific and technological landscape.. He owns 12 innovative patents, has guided over 1,500 students, and developed more than 60 robots. Behind these achievements lies strong support from the local government and the school. The Huai'an Municipal Government and Huaiyin Institute of Technology have provided him with a superior research and development environment and policy support, enabling his laboratory to become an important base for nurturing innovative talents. In addition to his remarkable achievements in scientific research, Amir has also developed a deep appreciation for the culture and lifestyle of Huai'an. He is not only passionate about traditional Chinese arts like calligraphy and Tai Chi Chuan, but has also grown fond of the local street food and historical landmarks. From the rice cakes on Nanmen Street to the beautiful scenery along the Grand Canal Cultural Corridor, Amir is familiar with them. The rapid development of Huai'an has also greatly impressed Amir. The construction of modern roads, high-speed railway stations and commercial supermarkets has not only made travel more convenient but also injected new vitality into the city. Amir admits that life in Huai'an is both relaxing and comfortable, and he has already regarded this place as his second hometown. Looking ahead, Amir envisions a long-term future in Huai'an, where he hopes to continue contributing to the city's technological advancements and nurturing innovative talents. He believes that Huai'an, a city brimming with untapped potential and opportunities, will continue to surprise him and inspire even greater achievements. MENAFN18122024003238003268ID1109009555 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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By Funto Omojola, NerdWallet Mobile wallets that allow you to pay using your phone have been around for well more than a decade, and over those years they’ve grown in popularity, becoming a key part of consumers’ credit card usage. According to a “state of credit card report” for 2025 from credit bureau Experian, 53% of Americans in a survey say they use digital wallets more frequently than traditional payment methods. To further incentivize mobile wallet usage, some credit card issuers offer bonus rewards when you elect to pay that way. But those incentives can go beyond just higher reward rates. In fact, mobile wallets in some ways are becoming an essential part of activating and holding a credit card. For example, they can offer immediate access to your credit line, and they can be easier and safer than paying with a physical card. From a rewards perspective, it can make a lot of sense to reach for your phone now instead of your physical card. The Apple Card offers its highest reward rates when you use it through the Apple Pay mobile wallet. Same goes for the PayPal Cashback Mastercard® when you use it to make purchases via the PayPal digital wallet. The Kroger grocery store giant has a co-branded credit card that earns the most when you pay using an eligible digital wallet, and some major credit cards with quarterly rotating bonus categories have a history of incentivizing digital wallet use. But again, these days it’s not just about the rewards. Mobile wallets like Apple Pay, Samsung Pay and PayPal can offer immediate access to your credit line while you wait for your physical card to arrive after approval. Indeed, most major issuers including Bank of America®, Capital One and Chase now offer instant virtual credit card numbers for eligible cards that can be used upon approval by adding them to a digital wallet. Additionally, many co-branded credit cards — those offered in partnership with another brand — commonly offer instant card access and can be used immediately on in-brand purchases. Credit cards typically take seven to 10 days to arrive after approval, so instant access to your credit line can be particularly useful if you need to make an urgent or unexpected purchase. Plus, they allow you to start spending toward a card’s sign-up bonus right away. As issuers push toward mobile payments, a growing number of merchants and businesses are similarly adopting the payment method. The percentage of U.S. businesses that used digital wallets increased to 62% in 2023, compared to 47% the previous year, according to a 2023 survey commissioned by the Federal Reserve Financial Services. Wider acceptance is potentially good news for the average American, who according to Experian has about four credit cards. While that won’t necessarily weigh down your wallet, it can be hard to manage multiple cards and rewards categories at once. Mobile wallets offer a more efficient way to store and organize all of your workhorse cards, while not having to carry around ones that you don’t use often. They can also help you more easily monitor your spending and rewards, and some even track your orders’ status and arrival time. Plus, paying with a digital wallet offers added security. That’s because it uses technology called tokenization when you pay, which masks your real credit card number and instead sends an encrypted “token” that’s unique to each payment. This is unlike swiping or dipping a physical card, during which your credit card number is more directly accessible. And again, because a mobile wallet doesn’t require you to have your physical cards present, there’s less chance of one falling out of your pocket or purse. More From NerdWallet Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com. The article Activating Your Credit Card? Don’t Skip the Mobile Wallet Step originally appeared on NerdWallet .Gorilla Tech Stock Up For 4th Straight Session Following Positive Investor Update, Capital Strengthening: Retail Uber-bullishDevolver Digital has announced the return of Devolver Delayed – the now-annual showcase of Devolver-published games which are set to miss their planned launch windows – for . During the tongue-in-cheek show, a range of developers will pop in to reveal their progress, confirming small or major delays to game development. While ordinarily, a delay would be announced with a sombre message, Devolver Digital is known for always taking the quirkier approach where possible. So, we’ll see a light-hearted showcase that makes fun, rather than revels in disappointment. Based on wording in a press release, this year’s Devolver Delayed will be a direct parody of The Game Awards, with the publisher hosting “an awards extravaganza dedicated to the brightest, best indie games you can’t play yet.” Expect some silly awards to be handed out, in a bite-sized comedy show designed to lessen the sting of delayed games. As for what could appear, there are several games on the Devolver Digital roster that have been announced, but haven’t released just yet. This list includes titles like and more. Devolver has also hinted there will be new game announcements included in the show. How to watch Devolver Delayed 2024 To tune in to see all the Devolver Digital games that’ve been delayed, at the following times: As Devolver says, as well as tuning in, it’s important to remember: “Never get your hopes up.” We’ll find out which upcoming games have been delayed very shortly.Meat supply resumed to French supermarket chain stores in Brazil after apology
Donald Trump is returning to the world stage. So is his trollingImagine unwrapping a beautifully designed gift that brings the festive spirit and the beauty of nature into your loved one’s home. The VINGUYS Smart Bird Feeder Christmas Special Edition is a beautifully designed feeder that adds charm to any backyard. Equipped with smart features like instant bird alerts, high-quality video, and real-time bird identification, the VINGUYS Smart Feeder enhances backyard birdwatching, offering a relaxing experience year-round. Whether your loved one is a nature lover or new to the hobby, this feeder offers an experience that combines technology with nature to create memorable interactions with birds. A Unique Design For This Christmas The VINGUYS Smart Feeder is a perfect example of this, combining cutting-edge technology with the peaceful experience of birdwatching. 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