Associated Press Economics Writer Joshua Boak. (AP Photo/J. David Ake)

JOSH BOAK

Boak covers the White House and economic policy.

President Joe Biden listens to Intel CEO Pat Gelsinger, left, as Intel factory manager Hugh Green listens, during a tour of the Intel Ocotillo Campus, in Chandler, Ariz., Wednesday March 20, 2024. (AP Photo/Jacquelyn Martin)

Biden touts Arizona as America’s ‘future’ as government invests $8.5 billion in chipmaker Intel

President Joe Biden is celebrating an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants nationwide.

FILE - President Joe Biden meets with UAW members during a campaign stop at a phone bank in the UAW Region 1 Union Hall, Feb. 1, 2024, in Warren, Mich. (AP Photo/Evan Vucci)

Biden casts the election as prom night for the voters who ‘brung me to the dance’

When President Joe Biden talks to his supporters, he can make the presidential election sound like a high school prom.

President Joe Biden meets with Irish Prime Minister Leo Varadkar in the Oval Office of the White House, Friday, March 15, 2024 in Washington. (AP Photo/Evan Vucci)

Hosting Ireland’s prime minister, Biden celebrates his Irish roots (as he likes to do)

With St. Patrick’s Day coming up this weekend, President Joe Biden is dwelling on one of his favorite subjects: Ireland.

FILE - A home under construction marked as "SOLD" at a development in Eagleville, Pa., is shown on Friday, April 28, 2023. The United States is slogging through a housing affordability crisis that was decades in the making. The shortage pours cold water on President Joe Biden's assurances that the U.S. economy is strong and underscores the degree to which Republican presidential candidate, former President Donald Trump, has largely overlooked the issue. (AP Photo/Matt Rourke, File)

Why are so many voters frustrated by the US economy? It’s home prices

Going into this election year, the United States is slogging through a housing affordability crisis.

President Joe Biden speaks at the Pieper-Hillside Boys & Girls Club Wednesday, March 13, 2024, in Milwaukee. (AP Photo/Morry Gash)

Biden opposes plan to sell US Steel to a Japanese firm, citing the need for ‘American steel workers’

President Joe Biden is opposing the planned sale of U.S. Steel to Nippon Steel of Japan, saying the U.S. needs “strong American steel companies powered by American steel workers.”

President Joe Biden delivers remarks on lowering prices for American families during an event at the YMCA Allard Center, Monday, March 11, 2024, in Goffstown, N.H. (AP Photo/Josh Reynolds)

Biden’s budget proposal for a second term offers tax breaks for families and lower health care costs

President Joe Biden has issued a budget proposal for a second term aimed at getting voters’ attention with tax breaks for families, lower health care costs, smaller deficits and higher taxes on the wealthy and corporations.

Republican presidential candidate former President Donald Trump speaks at a campaign rally Saturday, March 9, 2024, in Rome Ga. (AP Photo/Mike Stewart)

Trump blasts Biden over Laken Riley’s death after Biden says he regrets using term ‘illegal’

President Joe Biden says he regretted using the term “illegal” during his State of the Union address to describe the suspected killer of Laken Riley.

Supporters arrive before Republican presidential candidate former President Donald Trump speaks at a campaign rally Saturday, March 9, 2024, in Rome Ga. (AP Photo/Mike Stewart)

Biden and Trump issue dire warnings of the other, as a rematch comes into view in Georgia

The 2024 presidential election campaign is picking up where the 2020 contest left off. Or, more precisely, in a place where it never actually ended.

President Joe Biden speaks during a meeting of his Competition Council to announce new actions to lower costs for families in the State Dining Room of the White House in Washington, Tuesday, March 5, 2024. (AP Photo/Andrew Harnik)

Biden calls out ‘shrinkflation’ as part of a broader strategy to reframe how voters view the economy

President Joe Biden is all-in on calling out “shrinkflation.” The term applies to a seemingly covert way for companies to raise prices by ever so slightly reducing the size of their products.

President Joe Biden shakes hands after delivering the State of the Union address to a joint session of Congress at the Capitol, Thursday, March 7, 2024, in Washington. (Shawn Thew/Pool via AP)

Biden in a hot mic moment shows his growing frustration with Netanyahu over Gaza humanitarian crisis

The comments came as Biden spoke with Democratic Sen. Michael Bennet of Colorado on the floor of the House following his Thursday night State of the Union address.

President Joe Biden and first lady Jill Biden depart as Stella, the daughter Jack Cunicelli and Monica Gagliardi, walks with them Friday, March 8, 2024, in Rose Valley, Pa. (AP Photo/Manuel Balce Ceneta)

Biden visiting battleground states and expanding staff as his campaign tries to seize the offensive

Fresh off his defiant State of the Union address, President Joe Biden and his senior aides are beginning to barnstorm the country to aggressively sell his vision for a second term to voters.

FILE - People walk outside the U.S Capitol building in Washington, June 9, 2022. President Joe Biden goes into Thursday's State of the Union address with an expanded plan to raise corporate taxes. He would use the proceeds to trim budget deficits and cut taxes for the middle class.(AP Photo/Patrick Semansky, File)

Biden to call in State of the Union for business tax hikes, middle class tax cuts and lower deficits

President Joe Biden is going into his third State of the Union address with an expanded plan to raise corporate taxes.

President Joe Biden speaks during a meeting of his Competition Council to announce new actions to lower costs for families in the State Dining Room of the White House in Washington, Tuesday, March 5, 2024. (AP Photo/Andrew Harnik)

Biden administration would cap credit card late fees at $8, part of campaign against junk fees

President Joe Biden is highlighting a proposal to cap all credit card late fees. It’s the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 billion a year.

FILE - President Joe Biden delivers his State of the Union speech to a joint session of Congress, at the Capitol in Washington, Feb. 7, 2023. A poll shows that a growing share of U.S. adults doubt that 81-year-old President Joe Biden has the memory and acuity for the job. That means Biden's upcoming State of the Union address could be something of a real-time audition as he bids for a second term. (AP Photo/J. Scott Applewhite, File)

6 in 10 US adults doubt mental capability of Biden and Trump, AP-NORC poll finds

A new poll finds that a significant share of U.S. adults doubt the mental capabilities of 81-year-old President Joe Biden and 77-year-old Donald Trump, the Republican front-runner in what could be a rematch of the 2020 election.

President Joe Biden talks with Seth Meyers during a taping of the "Late Night with Seth Meyers" Monday, Feb. 26, 2024, in New York. (AP Photo/Evan Vucci)

Biden jokes Taylor Swift endorsement is ‘classified’ in interview with late-night comic Seth Meyers

President Joe Biden has used a rare media appearance on late-night comic Seth Meyers’ show to joke that a potential 2024 endorsement by Taylor Swift is a “classified” matter.

Republican presidential candidate former President Donald Trump reacts at a primary election night party at the South Carolina State Fairgrounds in Columbia, S.C., Saturday, Feb. 24, 2024. (AP Photo/Andrew Harnik)

Trump is winning big with his base, but there’s no sign that he’s broadening support

Donald Trump appears close to invincible in the early Republican primaries and caucuses, but his strength among general election voters remains unclear.

Republican presidential candidate former President Donald Trump speaks at a primary election night party at the South Carolina State Fairgrounds in Columbia, S.C., Saturday, Feb. 24, 2024. (AP Photo/Andrew Harnik)

Here’s how Trump won in South Carolina — and what it could mean for his chances in November

Even in her home state of South Carolina, where she was once governor, Nikki Haley appeared to have little chance against Trump.

Russian President Vladimir Putin, right, listens to Russian Defense Minister Sergei Shoigu during their meeting at the Kremlin in Moscow, Russia, Tuesday, Feb. 20, 2024. (Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP)

So many sanctions on Russia. How much impact do they really have?

The United States, United Kingdom and European Union are once again hitting Russia with new waves of sanctions over Moscow’s invasion of Ukraine.

Construction continues at a building complex in Mesquite, Texas, Friday, Feb. 16, 2024. At a bustling construction site outside of Dallas, there are hopes that Congress can finally pass nearly $95 billion in foreign aid including funding for Ukraine, because factory jobs in the United States depend on that money. Aerospace and defense company General Dynamics’ new factory in the Dallas suburb of Mesquite is expected to initially employ 150 people to produce munitions. (AP Photo/Tony Gutierrez)

Biden wants people to know most of the money he’s seeking for Ukraine would be spent in the US

As President Joe Biden pushes House Republicans to pass needed aid for Ukraine, he wants voters to understand that nearly two-thirds would actually be going to U.S. factories, like a munitions plant set to open this summer in a gleaming new industrial park in suburban Dallas.

FILE - This photo shows the Globalfoundries campus on Sept. 22, 2014, in Malta, N.Y. The Biden administration said Monday, Feb. 19, 2024, that the government would provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of financial support for a semiconductor company under the 2022 CHIPS and Science Act. (John Carl D'Annibale/The Albany Times Union via AP, File)

Biden admin providing $1.5 billion to GlobalFoundries to make computer chips in New York and Vermont

The Biden administration says that the government would provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont.

President Joe Biden speaks after touring the East Palestine Recovery Site, Friday, Feb. 16, 2024, in East Palestine, Ohio. (AP Photo/Andrew Harnik)

Biden praises ‘Herculean efforts’ to rebuild at the site of last February’s Ohio train derailment

President Joe Biden is praising what he says were “Herculean efforts” to rebuild at the site of last February’s train derailment in East Palestine, Ohio.

FILE - Colin Jost attends The Museum Gala at the American Museum of Natural History, Dec. 1, 2022, in New York. Jost, the co-anchor of Saturday Night Live’s “Weekend Update,” will get a chance to roast leading political and media figures as the featured entertainer at the annual dinner of the White House Correspondents’ Association in April 2024. (Photo by Evan Agostini/Invision/AP, File)

Colin Jost of ‘Saturday Night Live’ gets entertainer gig at White House correspondents’ dinner

Colin Jost, the co-anchor of Weekend Update on “Saturday Night Live,” will get a chance to roast leading political and media figures as the featured entertainer at the annual dinner of the White House Correspondents’ Association in April.

FILE - U.S. Commerce Secretary Gina Raimondo speaks Dec. 11, 2023, during a visit to BAE Systems, in Nashua, N.H. The Biden administration on Friday, Feb. 9, 2024, will announce the investment of $5 billion in a public-private consortium aimed at supporting research and development in advanced computer chips. (AP Photo/Steven Senne, File)

Biden administration announces $5 billion commitment for research and development of computer chips

The Biden administration is announcing an investment of $5 billion in a public-private consortium aimed at supporting research and development in advanced computer chips.

President Joe Biden speaks in the Diplomatic Reception Room of the White House, Thursday, Feb. 8, 2024, in Washington. (AP Photo/Evan Vucci)

Special counsel alleged Biden couldn’t recall personal milestones. His response: ‘My memory is fine’

President Joe Biden is angrily denying claims in a special counsel’s report that described the 81-year-old Democrat’s memory as “hazy,” “fuzzy,” “faulty,” “poor” and having “significant limitations.”

FILE - The likeness of George Washington is seen on a U.S. one dollar bill, March 13, 2023, in Marple Township, Pa. The Congressional Budget Office says it expects the federal budget deficit to drop by $188 billion this fiscal year to $1.5 trillion. But it's likely to be a short-lived dip as the annual shortfall will likely rise over the next nine years. (AP Photo/Matt Slocum, File)

CBO projects a $188 billion decrease in this year’s federal budget deficit, but debt would then grow

The Congressional Budget Office says it expects the federal budget deficit to drop by $188 billion this fiscal year to $1.5 trillion.

FILE - People gather on a section of Pennsylvania Avenue in front of the White House, July 4, 2021, in Washington. The Biden administration on Wednesday, Feb. 7, 2024, will name Elizabeth Kelly, a top White House aide, as the director of the newly established safety institute for artificial intelligence. (AP Photo/Patrick Semansky, File)

Biden administration names a director of the new AI Safety Institute

The Biden administration is naming a top White House aide as the director of the newly established safety institute for artificial intelligence.

Arick Davis, owner of Last Mile Cafe, poses for a portrait outside of DeVos Place convention center during the annual State of Grand Rapids Business event on Jan. 31, 2024, in Grands Rapids, Mich. Davis says, “I will not vote for someone who could cause so much instability," but is well aware that consumers are feeling pressure on how much they can spend and the challenge that Black-owned businesses like his have with accessing lines of credit to expand. To the extent that the economy is doing well, there is little confidence that it is necessarily sustainable. He'll vote for Biden, he says, but unenthusiastically. (AP Photo/Kristen Norman)

It’s a mismatch on the economy. Even as inflation wanes, voters still worry about getting by

Bartender Catey Regis’s pricey misadventure of buying a used car recently speaks to why voters are worrying about the U.S. economy going into this year’s presidential election.

FILE - President Joe Biden speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, Jan. 30, 2024. U.S. adults are only feeling slightly better about the economy, despite stocks being near record highs and surprisingly strong growth last year. A new poll from The Associated Press-NORC Center for Public Affairs Research finds that 35% of U.S. adults call the national economy good. (AP Photo/Andrew Harnik, File)

AP-NORC poll finds an uptick in positive ratings of the US economy, but it’s not boosting Biden

U.S. adults are only feeling slightly better about the economy, despite stocks being near record highs and surprisingly strong growth last year.

FILE - President Joe Biden speaks at South Carolina's First in the Nation dinner at the South Carolina State Fairgrounds in Columbia, S.C., Jan. 27, 2024. The Biden administration will start implementing a new requirement that the developers of major artificial intelligence systems disclose their safety test results to the government. (AP Photo/Jacquelyn Martin, File)

AI companies will need to start reporting their safety tests to the US government

The Biden administration will start implementing a new requirement for the developers of major artificial intelligence systems to disclose their safety test results to the government.

FILE - President Joe Biden and Japanese Prime Minister Fumio Kishida walk along the Colonnade of the White House, Jan. 13, 2023, in Washington. Biden will host Kishida for a state visit on April 10, with the goal of strengthening a critical alliance as the United States has sought to counter China's influence in the Indo Pacific region. (Mandel Ngan/Pool Photo via AP, File)

Biden will host Japan’s Prime Minister Kishida in April to strengthen Indo-Pacific alliances

President Joe Biden will host Japan’s Prime Minister Fumio Kishida for a state visit on April 10, with the goal of strengthening a critical alliance as the United States has sought to counter China’s influence in the Indo-Pacific region.