State of the Union: Biden sees economic glow, GOP sees gloom [ABC News]
PNC Financial Services Group, Inc. (The) (PNC)
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Source: ABC News
WASHINGTON --Joe BidenRepublicans take a far bleaker view — that the country is beset by crushing debt and that Biden is largely responsible for inflation. And the GOP now holds a House majority intent on blocking the president.The harder reality is that the United States is on a tight rope, trying to balance efforts to reduce inflation with the need to stay upright and avoid falling into a recession. That's with the seemingly inherent contradiction of a soaring job market and the unemployment rate at a near 54-year low.Based on past speeches, Biden believes the policies adopted under his watch can fill the U.S. with new factories and protect against climate change. Roads, bridges, sewer systems, ports and internet service would be improved. The middle class would be more financially secure. So would America's place in the global economy's hierarchy.On Friday, the president said the proof was in the January employment report. It showed 517,000 jobs were added as the unemployment rate
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PNC
Earnings
- 4/16/24 - Beat
PNC
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 424B5
- 5/7/24 - Form 144
- PNC's page on the SEC website