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☆ Biden to increase tariffs on $18 billion in Chinese imports in a new warning to Beijing
▼ + stars: | 2024-05-14 | by ( Kayla Tausche | ) edition.cnn.com time to read: +5 min

Washington CNN —President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security – an attempt to cripple Beijing’s development of critical technologies and instead prioritize US production. The increases will apply to imported steel and aluminum, legacy semiconductors, electric vehicles, battery components, critical minerals, solar cells, cranes and medical products. That same trade law also requires the effectiveness of such tariff programs to be evaluated every four years, and the Biden administration decision is the result of that study. “China can’t be the only country that produces clean technology for the world we need,” a senior administration official said. The Chinese government, Biden argued, is providing state money to Chinese steel companies to make more steel than the economy demands, pushing down the price and making it impossible for other companies to compete.

Persons: Joe Biden, “, ”, Lael Brainard, “ China’s, Donald Trump, Biden, Wang Wenbin, Trump, Janet Yellen, Antony Blinken, “ They’re, ” Biden, Sam Fossum Organizations: Washington CNN, White, National Economic Council, CNN, Biden, Trade Organization, Brookings Institute, United Steelworkers, Trump, China’s Ministry, Commerce Locations: China, Beijing, Europe, Brazil, Turkey, Pittsburgh, Midwest

The Denver-Boulder metro region in Colorado is among the winners in the migration shuffle. Led by Denver and Boulder, Colorado has built a thriving tech industry ecosystem attracting both startups and tech giants — Google, Amazon and Salesforce all now have a major presence in the area. CNBCOver the last five years, about $17 billion in VC funding has poured into the area, according to research firm CB Insights. While the Denver startup community has seen dramatic expansion, it hasn't made as much progress on diversifying its business community. However, even the top 10 cities for Black-owned business growth in the study fall far short of corresponding metro population metrics.

Persons: Niji Sabharwal, Sabharwal, Jared Polis, Dan Caruso, CNBC's Carl Quintanilla, Caruso, hasn't, Zaneta Kelsey, Donavan Bennett, Bennett Organizations: Rockies, CNBC, Denver, Google, Colorado Office, Economic Development, International Trade, Boulder, Zayo, Brookings Institute Locations: CNBC's, U.S, California, Denver, Boulder, Colorado, San Francisco, High City, It's, Boulder , Colorado, Black

☆ Kyte Baby in controversy after Marissa Hughes’ remote work request was denied, CEO apologizes
▼ + stars: | 2024-01-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +8 min

New York CNN —The CEO of Texas-based baby clothing company Kyte Baby has issued two apologies after denying a remote work request by an employee whose baby was admitted into a neonatal intensive care unit. “We work at Kyte Baby: Of course we’re going to bring our kids to work,” an employee says in one TikTok video. “We work at Kyte Baby: Of course we’re expecting,” another chimes in. Another video titled “Meet the Kyte Baby Team” introduces various Kyte Baby employees, each dancing with a child or two in tow. According to a survey published by Bankrate that same month, 77% percent of full-time working women with children under the age of 18 support hybrid work schedules, while 74% support remote work.

Persons: Kyte Baby, Kyte, Marissa Hughes, ” Hughes, Hughes, Ying Liu, “ Kyte, Liu, ”, ” Lauren Jennings, Alison Brod, James Haggerty, ” Jennings, “, ’, It’s, ” Kyte Baby, “ Marissa, Bankrate Organizations: New, New York CNN, Alison Brod Marketing, Communications, CNN, Brookings, Department, Labor’s Locations: New York, Texas, America, United States

☆ Not surprised by Moody's negative U.S. outlook, former economic advisor to Biden says
▼ + stars: | 2023-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNot surprised by Moody's negative U.S. outlook, former economic advisor to Biden saysBen Harris, VP and director of economic studies at the Brookings Institute and former U.S. assistant secretary of the Treasury for Economic Policy, discusses the U.S. economy and political landscape.

Persons: Biden, Ben Harris Organizations: Brookings Institute, Treasury, Economic

WASHINGTON (AP) — When President Joe Biden meets Chinese leader Xi Jinping on Wednesday, there will be no such thing as a small detail. Biden and Xi will meet while both attend next week's Asia-Pacific Economic Cooperation summit in San Francisco, but even basic information has remained closely guarded. That recalls Biden's nearly three-hour meeting with Xi before the start of last year’s G-20 summit in Bali. The Chinese attach importance to the location, which this time may be more like Sunnylands than Anchorage, where top U.S. and Chinese officials held rather tense 2021 talks. Hillary Clinton's 1995 Beijing visit turned heads for a different reason when she declared that “human rights are women’s rights, and women’s rights are human rights."

Persons: Joe Biden, Xi Jinping, Beijing’s, Bonny Lin, Biden, Xi, China’s, Biden's, Victor Cha, ” Cha, Richard Nixon, Barack Obama, Obama, Donald Trump, Bonnie Glaser, Xi's, Ryan Hass, John L, Hass, George H.W, George H.W . Bush, Fang Lizhi, “, Hillary Clinton's, Laura Bush's, Sasha Obama, Hu Jintao, Malia, Michelle, Michelle Obama, Colleen Long Organizations: WASHINGTON, China Power, Center for Strategic, International Studies, Economic Cooperation, White House, San, Communist Party, Asian Affairs, White, National Security Council, APEC, Mar, German Marshall Fund, Thornton China Center, Brookings Institute, Olympics, The New York Times, Press Locations: Washington, Asia, San Francisco, Bali, China, United States, Sunnylands, Rancho, Palm Springs , California, Lago, ”, Anchorage, Texas, Beijing, George H.W ., Thailand, Myanmar, The

☆ Why the U.S. won't change physical cash
▼ + stars: | 2023-11-07 | by ( Mark Licea | ) www.cnbc.com time to read: +2 min

The Federal Reserve will spend $931.4 million to print bills in 2023 — but there's a problem with U.S. cash. Physical currency has been updated around the world but not in the U.S., and while an increasing number of Americans are ditching cash for electronic payments, experts say cash isn't going away. In 2017, the $100 bill surpassed the $1 bill as the most popular currency denomination. Some speculate that the rise in $100 bills in circulation may be to avoid taxes or for illegal activity. … In the 1960s, the half dollar lost its place because it wasn't included in the use of parking meters," said Mudd.

Persons: Aaron Klein, Douglas Mudd, Franklin Noll, Mudd Organizations: Federal Reserve, Brookings Institute, CNBC, American Numismatic Association, Federal Reserve Bank of Kansas City Payments, U.S Locations: U.S

☆ How ChatGPT Enterprise has helped Canva save hours of time and build better tools
▼ + stars: | 2023-11-04 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

The graphic design platform used the software to build its own AI tools, Canva's head of AI told Insider. Here's what ChatGPT Enterprise has automated — and what it still has to work on. AdvertisementAdvertisementOpenAI, one of the most influential artificial intelligence firms, rolled out ChatGPT Enterprise, a version of ChatGPT designed for businesses, at the end of August. AdvertisementAdvertisementEngineers used ChatGPT Enterprise to review Canva's blocklist and flag artist names that were similar to dictionary words for human review. While the company expects to keep using ChatGPT Enterprise moving forward, it doesn't plan on shrinking Canva's workforce.

Persons: Canva, —, ChatGPT, Danny Wu, Estée Lauder, Wu, Mark Muro, Thomas Hexton, Andy Warhol, OpenAI's chatbot, They're, OpenAI Organizations: Enterprise, ChatGPT Enterprise, Service, Software, Brookings Institute, Engineers Locations: Sydney

Those meetings could set the stage for a summit between President Joe Biden and Chinese President Xi Jinping next month on the sidelines of an Asia-Pacific Economic Cooperation forum leaders gathering in San Francisco. Political Cartoons View All 1218 ImagesIn the months that followed that crisis, however, Blinken rescheduled his trip and went to China in June. The Chinese president last came to the U.S. in 2017, when former President Donald Trump hosted him at his Mar-a-Lago resort in Florida. The Chinese president told the governor that “the achievements of China-U.S. relations have not come easily and should be cherished all the more,” according to the official news agency Xinhua. It deteriorated further over a range of issues, including rights abuses, the South China Sea, Taiwan, technology and the COVID-19 pandemic.

Persons: Wang Yi, Antony Blinken, Jake Sullivan, Joe Biden, Xi Jinping, Blinken, Janet Yellen, John Kerry, Gina Raimondo, Sullivan, Wang, Han Zheng, Biden, “ Wang Yi’s, Ryan Hass, John L, ”, Yun Sun, Xi, “ Wang, ” Sun, ” Scott Kennedy, Kennedy, Donald Trump, Gavin Newsom, Chuck Schumer, Schumer, Trump Organizations: WASHINGTON, —, Hamas, Economic Cooperation, Ukraine, General Assembly, Biden, Thornton China Center, Brookings Institute, China Program, Stimson Center, San, APEC, Center for Strategic, International Studies, Chinese Foreign Ministry, U.S . California Gov, Xinhua Locations: East, Europe, U.S, China, Washington, Israel, Russia, Ukraine, Asia, San Francisco, The U.S, Taiwan, South, North Korea, Malta, New York, Lago, Florida, Bali , Indonesia, Beijing, South China Sea

☆ Unrealized losses on bank balance sheets have restricted lending, says Bridge 2 Partners' Graham
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnrealized losses on bank balance sheets have restricted lending, says Bridge 2 Partners' GrahamPaul Graham, lending and data governance practice leader at Bridge 2 Partners, and Aaron Klein, senior fellow in economic studies at The Brookings Institute, join 'The Exchange' to discuss unrealized losses on bank balance sheets leading to tighter lending standards, whether banks should receive a bailout for unrealized losses, and what a TARP 2.0 could look like.

Persons: Graham Paul Graham, Aaron Klein Organizations: Partners, Brookings Institute

☆ Israel's goal of evacuation from Gaza is not realistic, says Brookings Institute's Michael O'Hanlon
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael's goal of evacuation from Gaza is not realistic, says Brookings Institute's Michael O'HanlonMichael O'Hanlon, Brookings Institute senior fellow, joins 'Squawk on the Street' to discuss what's playing out in the Israel-Hamas conflict, the endgame for Israel, and more.

Persons: Michael O'Hanlon Michael O'Hanlon, Israel Organizations: Brookings, Brookings Institute Locations: Gaza, Israel

☆ Hamas-Israel war: What's happening on Day 4
▼ + stars: | 2023-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHamas-Israel war: What's happening on Day 4Natan Sachs, director of the Center for Middle East Policy at the Brookings Institute, and Steven Cook, senior fellow for Middle East Studies at the Council on Foreign Relations, join 'Squawk on the Street' to discuss the possibility of urban corridor warfare between Israel and Hamas, where the risk is greatest in the war in Israel, and the potential alliances surrounding this war.

Persons: Natan Sachs, Steven Cook Organizations: Hamas, Center for Middle East, Brookings Institute, Middle East Studies, Council, Foreign Relations Locations: Israel

The program, called the U.S. President’s Emergency Plan for AIDS Relief Program, or PEPFAR, started in 2003 by President George W. Bush. Congress missed the Sept. 30 deadline to renew funding for PEPFAR before it expired. The policy had not been included as a part of PEPFAR funding until 2017, when the Trump administration expanded the policy to include it as a part of the program. Advocates for PEPFAR contend the program does not directly or indirectly fund abortion services. For some countries, the health benefits of the PEPFAR program go beyond its mission of reducing the spread of AIDS.

Persons: George W, Joe Biden, PEPFAR, “, ”, Chris Smith, Biden, Ronald Reagan, Trump, Bush, George Ingram, Matthew Miller, ” Miller, reauthorization, Ingram, ” Ingram, Carlos del Rio Organizations: U.S, President’s, AIDS Relief, U.S . State Department, PEPFAR, Congress, House Republicans, Biden Administration, House Global Health, Senate, Senators, Republicans, Center for Sustainable Development, Brookings Institute, Kaiser Family Foundation, Program, Emory University School of Medicine, State, Committee, Infectious Diseases Society of America Locations: U.S, New Jersey, Mexico, Washington, Africa, China, Russia

☆ Flash floods foreshadow a threatening reality in New York City
▼ + stars: | 2023-09-30 | by ( Denise Chow | Evan Bush | ) www.cnbc.com time to read: +8 min

Cars drive along a flooded street on Church Avenue amid a coastal storm on September 29, 2023 in the Flatbush neighborhood of Brooklyn borough New York City. And more than a decade after Hurricane Sandy forced officials to rethink the meaning of climate resilience in New York City, it appears there's still much to be done. Kathy Hochul declared a state of emergency for New York City, Long Island and the Hudson Valley, calling the storm a "life-threatening rainfall event." The storm caused about $19 billion in damage to New York City. In densely populated cities like New York, flooding risks are heightened because of the built environment and lack of green spaces.

Persons: Michael M, Hurricane Ida, Hurricane Sandy, Joseph Kane, Steve Bowen, Gallagher, Bowen, Kathy Hochul, Eric Adams, Spencer Platt, Zachary Iscol, Sandy, Superstorm Sandy, Louise Yeung, Yeung, Hurricane Sandy —, Ida, Mona Hemmati, Hemmati, Andrew Kelly Organizations: Brooklyn borough New, Santiago, Getty, Hurricane, Brookings Institute, NBC News, Gallagher Re, . New York Gov, York City, Prospect, Columbia Climate School, New York City Department of Environmental Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, New York City, Brooklyn, New York, New York , New Jersey, Connecticut, Long, Hudson, York, Brooklyn Borough, Zachary Iscol , New York, Hurricane, Atlantic City, New Jersey, Manhattan, Williamsburg, U.S

☆ Corporations say they have a new No. 1 risk, and they're spending big to defeat it
▼ + stars: | 2023-09-22 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +10 min

The Q3 survey of corporate finance chiefs finds a sharp rise in CFOs pointing to government regulation as the biggest risk factor for their business. From Q1 to Q3 2023, the percentage of CFOs saying government regulation is their biggest risk jumped from roughly 6% to 40%. This quarter, only 10% of CFOs cited inflation, while the 40% who pointed to regulation represented a more than doubling quarter over quarter. watch nowFor the business community's biggest advocacy group, getting back to normal also means confronting a new normal. "The emergence of government policy as risk relative to other risks has been growing substantially over the past decade."

Persons: Mark Wilson, Trump, Sanjay Patnaik, Neil Bradley, Patnaik, Obama, Biden, Bradley, it's, Dan Clifton, we've, It's, UnitedHealth —, Cisco's, Clifton, Lina Khan, She's Organizations: U.S, Capitol, Getty, CNBC, CNBC Global, Federal Trade Commission, Google, Microsoft, Amazon, U.S . Chamber of Commerce, Brookings Institute, Corporate, industrials, Corporations, ., Apple, market's, Union, EU, Horizon Therapeutics, Activision Locations: WASHINGTON, DC, Washington ,, Covid, Russia, Ukraine, China, U.S

☆ YIMBY Movement Is Winning: Build More Houses, Lower Home Prices, Rents
▼ + stars: | 2023-09-07 | by ( Eliza Relman | Kelsey Neubauer | ) www.businessinsider.com time to read: +15 min

The adherents of the "Yes In My Backyard," or YIMBY, movement believe that America's housing crisis comes down to the fundamental tension between supply and demand. Today, nearly 75% of residentially-zoned land in the US is restricted to single-family housing — detached homes designed for one family. Folks are like, 'Oh, we're in a housing crisis for the very first time. Ground zero for the modern YIMBY movement was California, where sky-high home prices forced people to reconsider their attitudes toward development. The city didn't allow new multiunit buildings to be taller or wider than the single-family homes they replaced, making construction less financially attractive to developers.

Persons: Nolan Gray, YIMBYism, Sonja Trauss, Trauss, YIMBYs, NIMBYs, Gray, I'm, —, Bill, They've, Tayfun Coskun, Muhammad Alameldin, Emily Hamilton, We're unwinding, Jenny Schuetz, Greg Gianforte, California YIMBY, Republican Sen, Todd Young, Democratic Sen, Brian Schatz, Eliza Relman, Kelsey Neubauer Organizations: San, San Francisco Bay Area, Urban Institute, Twitter, of Regional Planning, Public, Cato Institute, University of California, Berkeley Terner Center, Housing, George Mason University, Conservative, Brookings Institute, Republican, Todd Young of Indiana, Democratic, Hawaii Locations: California, San Francisco Bay, San Francisco, I'm, Los Angeles County, Florida, Utah, Minneapolis, Oregon, Austin, Dallas, Seattle, Portland , Oregon, Denver, New York, Texas, YIMBYism, We're, Bozeman, Montana, Miami

☆ We shouldn't have high expectations from U.S. Commerce secretary's visit to China: Brookings' Dollar
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe shouldn't have high expectations from U.S. Commerce secretary's visit to China: Brookings' DollarDavid Dollar, Brookings Institute senior fellow, and Stefan Selig, former Under Secretary of Commerce for International Trade, join 'The Exchange' to discuss why the U.S. should 'proceed with caution' in its relationship with China, the important parts of U.S. Secretary of Commerce Gina Raimondo's trip to China, and more.

Persons: David Dollar, Stefan Selig, Commerce Gina Raimondo's Organizations: . Commerce, Brookings, Brookings Institute, Commerce for International Trade, Commerce Locations: China, U.S

☆ China's banks have dialed back lending to the lowest level in 14 years as economic woes pile up
▼ + stars: | 2023-08-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

In July, the volume of loans doled out from Chinese banks hit their lowest amount since 2009. The People's Bank of China said new loans reached 345.9 billion yuan in July, less than half the amount expected by Bloomberg economists. Chinese banks doled out 345.9 billion yuan in new loans last month, well below the 780 billion yuan economists had expected, according to a Bloomberg report and survey. Additionally, the People's Bank of China said year-on-year growth of broad M2 money supply slowed to 10.7%. On Tuesday, the People's Bank of China cut several interest rates in a bid to boost the economy, following a similar move in June.

Persons: David Dollar Organizations: People's Bank of China, Bloomberg, Service, People's Bank of, Brookings Locations: Wall, Silicon, People's Bank of China, China

☆ The world's largest chipmaker promised to create thousands of US jobs. There are growing tensions over whether US workers have the skills or work ethic to do them.
▼ + stars: | 2023-08-16 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Differences in US and Taiwanese work culture could pose another challenge. Some TSMC workers are doubtful that Americans can adjust to the challenging work environment. It's not just a disagreement over expertise that poses risks to TSMC's Arizona chip plant. This is the work culture." It added: "We have not replaced any of our local workers with foreign workers and continue to prioritize the hiring of local workers in Arizona."

Persons: TSMC, chipmaker, It's, Morris Chang, Wayne Chiu, Fortune, they're, Mark Liu, TSMC's, Liu, chipmaker Chang, Adam Ozimek Organizations: Service, Taiwan Semiconductor Manufacturing Co, New York Times, Times, YouTube, Taiwan, Taiwan —, Brookings Institute, Arizona Pipe, Economic Innovation Group Locations: Arizona, Wall, Silicon, Taiwan, Taipei, Taiwanese, Asia, Oregon, America, Phoenix

☆ China's economy is stumbling, but it still isn't as dire as Japan's 1990s collapse
▼ + stars: | 2023-08-14 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

China's sputtering growth and property market hurdles have led to comparisons with Japan's troubles in the 1990s. But key differences remain and China's economy isn't yet at the level of Japan's crisis 30 years ago. China's National Bureau of Statistics reported that the consumer price index dropped 0.3% annually in July, tipping the economy into deflation and fueling reminiscences of Japan in the early 1990s. Only this year have Japan's stock markets returned within range of the highs seen in 1990. Real estate prices in Japan fell about two-thirds, and the stock market still has never got back to where it was in 1989.

Persons: David Dollar Organizations: JPMorgan, Service, China's National Bureau of Statistics, Financial Times, Nikkei, Brookings Institute, Brookings Locations: China, Wall, Silicon, Beijing, Japan, 1Q23, Tokyo, United States, Real

☆ China's economy is showing signs of serious trouble — and the problems are still mounting
▼ + stars: | 2023-08-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +9 min

Deflation — the trend of prices falling throughout the economy — presents a particularly dangerous trajectory for China, which carries a massive amount of debt. The main components of GDP on the demand side — consumption, investment, net exports — they all have serious problems right now." A shaky property marketMost of China's economic troubles tie directly into its property market. Roughly a quarter of China's population works in agriculture — well above the 3% mark in the US — and that presents its own productivity limitations. From an unstable, debt-ridden property market to anti-business policies and demographic issues, Beijing has plenty to tackle if it hopes to match the same growth as decades past.

Persons: David Dollar, Biden, Dexter Roberts, Roberts, Terry Group, it's, Xi Jinping Organizations: Service, China's National Bureau of Statistics, People's Bank of, Federal Reserve, Brookings, Bloomberg, JPMorgan, Financial Times, China's, Global, US Census Bureau, Atlantic Council, Communist Party, Garden Holdings, Beike Research Institute, Terry Locations: Beijing, Wall, Silicon, China, People's Bank of China, China's US, Western, Russia, Asia, Ukraine, Mexico, China cratered, Rocky

☆ The genius plan that could bring down skyrocketing home prices
▼ + stars: | 2023-08-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +15 min

Not only did this help to slow down skyrocketing housing costs, it inspired a bipartisan, nationwide expansion of the policy. Home prices in Auckland, New Zealand's biggest city, doubled between 2009 and 2016 and prices across the rest of the country followed close behind. "A typical New Zealand city looks a lot like a typical US city," Gray said. There are three models of housing construction in US cities right now, Gray said. "In terms of an overall objective, I think bringing down house prices to construction costs is an ultimate sign of housing abundance."

Persons: Upzoning, Jenny Schuetz, Matthew Maltman, who's, Ryan Greenaway, Guo Lei, Maltman, There's, Auckland's upzoning, Vicki Been, Bill de Blasio, Schuetz, Nolan Gray, Gray, let's, Brett Coomer, that's, Allison Zaucha, Freemark, we're, Emily Hamilton, Eliza Relman Organizations: Brookings Institute, Auckland, Economic, University of Auckland, New, National Party, Housing, Economic Development, New Zealand, California YIMBY, Urban Institute, Houston, Montana Republicans, George Mason University Locations: New Zealand, Auckland, Australian, Zealand, Auckland , New, New Zealand's, New York, Europe, California, Zealanders, San Francisco, Los Angeles, Phoenix, Houston, Atlanta, Denver, Seattle, Washington, Portland , Oregon, Montana, California . Utah, Minneapolis, New York City

☆ Austin is copying Houston's playbook for making housing more affordable
▼ + stars: | 2023-08-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Demand for housing in Austin, Texas has outstripped even its relatively rapid housing production. Austin's upzoning measures are designed to incentivize "gentle density" — also known as infill housing or missing-middle housing. And even if you don't care about housing policy, you are feeling this in a very intimate way." Aerial view of neighborhood outside of Austin Texas. Most recently, Dallas city Council member Chad West is leading the charge to consider cutting minimum lot sizes in his city.

Persons: Austin, Jenny Schuetz, They've, Schuetz, Emily Hamilton, Nicole Nabulsi Nosek, Greg Anderson, there's, Joe Sohm, Anderson, Nosek, Chad West Organizations: Service, Apple, Brookings Institute, George Mason University, Reasonable, Austin Habitat, Humanity, Chad Locations: Austin , Texas, Texas, Wall, Silicon, Austin, Houston, Austin Texas, California, Dallas

☆ Trump wants his election-based federal charges to be heard in a different state, like West Virginia. Experts say that isn't going to happen.
▼ + stars: | 2023-08-03 | by ( Madison Hall | Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

His case will be heard by a judge and jury in Washington, DC. Trump is now trying to get the case moved to another state, like West Virginia. "The latest Fake 'case' brought by Crooked Joe Biden & Deranged Jack Smith will hopefully be moved to an impartial Venue, such as the politically unbiased nearby State of West Virginia!" In the 2020 presidential election, Biden brought in 92 percent support in the District of Columbia compared to West Virginia, which Trump won with 69 percent support. Trump is scheduled to be arraigned in Washington, DC, on Thursday in relation to the recent indictment.

Persons: Trump, Donald Trump, Crooked Joe Biden, Jack Smith, John Lauro, Biden, Norm Eisen, Ryan Goodman, Eisen, Goodman Organizations: Service, Washington , D.C, Trump, Federal, CBS, District of Columbia, Brookings Institute, New York University School of Law, Washington Post, United States, Court Locations: Washington ,, West Virginia, Wall, Silicon, Washington, State, District

☆ Market shock may finally move Washington on Medicare reform, says AEI's James Pethokoukis
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket shock may finally move Washington on Medicare reform, says AEI's James PethokoukisAaron Klein, senior fellow in economic studies at The Brookings Institute, Chris Kotowski, senior research analyst at Oppenheimer, and James Pethokoukis, American Enterprise Institute senior fellow, join 'Power Lunch' to react to JPMorgan CEO Jamie Dimon's remarks on the economy, Fed, and banks.

Persons: AEI's James Pethokoukis Aaron Klein, Chris Kotowski, Oppenheimer, James Pethokoukis, Jamie Dimon's Organizations: Brookings Institute, American Enterprise Institute senior Locations: Washington

☆ 1 in 5 young people in China can't find a job – and that's a big problem for Xi Jinping
▼ + stars: | 2023-07-23 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

China's economy is facing perhaps its biggest challenges since a manufacturing boom sent its economy into overdrive in the last couple of decades. It's comparable to the economy young people in the US faced as they left college in the depth of the financial crisis in 2008/9. While things should get better if the economy rebounds, there's a more existential issue facing China's young people. Yet economic instability among China's young threatens to give him an unwanted headache nonetheless. There are wider existential issues facing young employees the world over, with the AI boom forcing many to completely reassess their skillset and career aspirations.

Persons: Xi Jinping, David Dollar, disenfranchisement, Xi Organizations: Service, Privacy, Reuters, Brookings Institute Locations: China, Wall, Silicon

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