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She knows there’s a bigger pool of experienced workers out there, but she can’t hire them because they are undocumented immigrants. The coalition argues Biden can do more through executive action under current law, including by expanding work permits to spouses of US citizens. All of Indiana dairy farmer Steve Obert's employees are authorized to work, but he is among the business leaders advocating for more work permits for longtime undocumented residents. Courtesy Steve ObertAll of Obert’s 15 non-family employees are foreign born and have work permits. But he knows that undocumented workers contribute a lot to the industry, as well as to the communities where they live.
Persons: Lisa Winton, Winton, Biden, ” Winton, ” Lisa Winton, Joe Biden, Donald Trump, Barack Obama, Trump, , , Karoline Leavitt, , ” It’s, Steve Obert, Jessica Vaughan, Rebecca Shi, , ’ ”, Shi, Vaughan, Tara Watson, Bush, Obama, Kerri Talbot, Trump’s, Steve, ” Obert Organizations: CNN, Winton Machine Company, American Business Immigration Coalition, Employers, Time, Trump, Pew Research Center, Labor, National Agricultural Workers Survey, Center, American, National Milk Producers Federation, Immigration Services, Center for Immigration Studies, Department of Homeland Security, Migration Policy Institute, Williams College, Immigration, Indiana Dairy Producers Locations: Suwanee , Georgia, Winton, Georgia, America, Indiana
Career coach Marlo Lyons told Business Insider that mindset is huge when betting on yourself, but it isn't everything. You can't really start an innovative bioengineering company without any background knowledge, and you don't need to go back to school to become an entrepreneur. Break it down week by week —what will you accomplish to hit your goals? I don't know how to do that. You don't know what you don't know along the path of building a business, so get comfortable admitting you don't have all the answers and even more comfortable finding out who to ask.
Persons: Marlo Lyons, aren't, Lyons, What's Organizations: Service, Center for American Progress, of Labor Statistics, Business
CNN —On Monday, Melinda French Gates announced her resignation from the Bill and Melinda Gates Foundation, officially ending one of the world’s leading philanthropic partnerships. In French Gates’ 2008 Fortune profile, Buffett said French Gates helped focus the foundation’s mission. In addition to French Gates, Gates and Buffett, The Giving Pledge counts billionaires like Mark Zuckerberg, Elon Musk and MacKenzie Scott as signatories. French Gates has a net worth of $13.3 billion, according to the Bloomberg Billionaires Index, while Bill Gates’ net worth is $153 billion. French Gates’ departure from the Bill and Melinda Gates Foundation has been hinted at since the couple announced their divorce in May 2021.
Persons: Melinda French Gates, Melinda Gates, Gates, Bill Gates, Melinda Gates ’, Warren Buffett, Buffett, ” Buffett, Mark Zuckerberg, Elon Musk, MacKenzie Scott, , French Gates Organizations: CNN, Melinda Gates Foundation, Microsoft, Duke University, Fortune Magazine, Gates Library Foundation, Berkshire Hathaway, Bloomberg, Rutgers ’ Center, American Women Locations: United States, Fortune, , Gates, French, Politics
"So looking at even a $150,000 price tag for a house, you're just like, when is that ever going to happen?" In the fourth quarter of 2019, millennials held $3.5 trillion in real estate wealth; as of the fourth quarter of 2023, that's more than doubled. Average millennial wealth doubled between 2019 and 2023, according to an analysis from the Center for American Progress. For example, Gen Xers' real wealth grew by only 4% in the four years following 2007's Great Recession. Baby boomers' real wealth grew by 46% in the four years after the 1990 recession.
Persons: , James Barnes, Barnes, you'd, millennials, Khary, Gen Xers, boomers, Joe Biden, Biden, didn't, Amanda, Rob Gruijters, They're, there's, Caitlin de Oliveira, she's Organizations: Service, Navy, BI, Center for American Progress, University of Cambridge, Research Locations: Lawrenceville , Georgia, Atlanta, Alabama, , Texas
Cowbells herald a third Trump outburstDonald Trump at his criminal hush-money trial with lawyers Todd Blanche, left, and Emil Bove. I will not tolerate that," state Supreme Court Justice Juan Merchan complained of Trump to defense lawyer Todd Blanche, his voice raised. Then there was Stormy DanielsA courtroom sketch of Stormy Daniels on the witness stand in Donald Trump's hush-money trial. Defense lawyer Susan Necheles questions Stormy Daniels as Donald Trump and Judge Juan Merchan look on. Advertisement"As recently as, I believe, Wednesday night, he was on TikTok," Blanche, the defense lawyer, complained to Merchan before court broke for the week on Friday.
Persons: , Donald Trump, Trump, riled Trump, they're, Debbie Walsh, Walsh, Donald Trump's, Allison Greenfield, enemies.i Curtis, David Dee Delgado, Arthur Engoron, who'd, Greenfield, Jean Carroll Donald Trump, Jean Carroll, Andrew Kelly, Luiz C . Ribeiro, Lewis Kaplan, audibly —, Carroll, Roberta Kaplan, Cowbells, Todd Blanche, Emil Bove, Jabin, Michael Cohen, Stormy Daniel, Joe Biden's, Juan Merchan, Stormy Daniels, Jane Rosenberg, Daniels, swatting Trump, Merchan, audibly, — Daniels, Blanche, Susan Necheles, Mary Altaffer, Michael Cohen Cohen — Trump's, fining Trump, Cohen, he's, MAGA Organizations: Service, Business, Trump, Center for American Women, REUTERS, New York Daily News, Tribune, Getty, Reuters, GOP, AP Locations: Manhattan, York, New, New York City, Lake Tahoe, New York
The inflation-adjusted average net worth of households headed by someone age 40 or under was around $174,000 at the end of 2019. That number grew by $85,000 to hit $259,000 by the end of 2023, CAP found. But compared with where it was before the pandemic, young Americans' wealth appears to be on the come up, per CAP's analysis. Struggles to buy homes, pay off student debt and save for retirement have plagued many millennials' and other young adults' financial outlooks since they entered adulthood. But now, as the bulk of the millennial generation enters their mid-30s, they seem to be catching up.
Persons: Zers, Organizations: Center, Federal Reserve, CAP
That rate of rapid wealth growth has never happened before in the data series' history, per the analysis, and it comes after wealth growth remained relatively stagnant for young Americans pre-pandemic. This data, as the authors of the CAP analysis note, suggests that wealth gains weren't just reserved for the top-earning millennials since both median and average wealth grew. "This suggests that the strong wealth growth for younger Americans is broad-based and not the result of strong growth of a handful of wealthy younger households," the authors write. As that report notes, financial assets were a major component of younger Americans' wealth growing. "We need to keep this robust labor market going and Congress needs to set its sights on younger Americans' greatest affordability challenge: housing," Duke said.
Persons: , Gen X, Brendan Duke, Christian Weller, X, millennials, Duke, BI's Noah Sheidlower Organizations: Service, Center for American Progress, Federal, Business, Boomers, Federal Reserve's Survey, Consumer Finances, millennials, Liberty Street, Federal Reserve Bank of New Locations: millennials, Federal Reserve Bank of New York
A coalition of a dozen liberal organizations and labor unions sent a letter to the White House on Thursday night demanding that President Biden end military aid to Israel until its government lifts restrictions on humanitarian aid to Gaza, the latest indicator of shifting mainstream Democratic opinion on the war. The group includes not only progressive groups like MoveOn and the Working Families Party, but also the mainstream Democratic Center for American Progress and NextGen America, the organization founded and funded by Tom Steyer, a billionaire who ran for president in the 2020 Democratic primary. Other signatories to the letter include the Service Employees International Union and the National Education Association, labor unions that make up key elements of the Democratic Party. The letter calls on Mr. Biden to enforce the Foreign Assistance Act, which bars military support from going to any nation that restricts the delivery of humanitarian aid. law is unequivocal: Countries that obstruct U.S. humanitarian aid cannot receive U.S. military aid under the Foreign Assistance Act or the Arms Export Control Act.”
Persons: Biden, Tom Steyer, Netanyahu, Benjamin Netanyahu, Organizations: White, Working Families Party, Democratic Center for American Progress, NextGen, Democratic, Service Employees International Union, National Education Association, Democratic Party, Assistance, Foreign, Control Locations: Israel, Gaza, NextGen America, U.S,
Compared with Millennials, especially, who entered the workforce in the Dark Ages known as the Great Recession, the Gen Z experience is a dream. But Gen Z isn’t having an easy go of it either. Gen Z hasn’t had a chance to get a foot in the door. “Many Gen Zers also indicated their first step in managing behavioral-health challenges was going to TikTok or Reddit for advice,” the report said. It’s hard to blame them: Many in Gen Z had their formative school years blown up by a global pandemic.
Persons: CNN Business ’, Z, Zers —, ” Brendan Duke, they’re, haven’t, ” Duke, , Z hasn’t, Duke, , , Gen Zers, Zers, Gen Z, that’s, that’ll, We’re, X, Charles Schwab Organizations: CNN Business, New York CNN, Boomers, Center for American, Federal Reserve, McKinsey, Bloomberg Locations: New York
Most people don't earn six figures, but it's become the new benchmark for whether or not you can afford a typical U.S. home. Americans need to earn an annual income of $110,871 to buy a median-priced home of $402,343 — a 46% increase since January 2020, according to a new Bankrate analysis of Redfin sales data. For context, households currently earn a median income of $74,580, according to the most recent U.S. Census Bureau data available. As a result, the number of places where you need to earn $100,000 or more to afford a median-priced home has climbed from seven to 23 since January 2020. In Montana, the income needed to buy a median-priced home increased 77% since 2020 — the largest jump of all states.
Persons: it's, Bankrate, homeownership Organizations: Census, of Columbia, Washington, Rhode, Center, of Labor Statistics, CNBC Locations: U.S, California, Hawaii, Massachusetts, Colorado, Jersey, York, Utah, Montana, Hampshire, Oregon, Connecticut, Florida, Vermont, Idaho, Nevada, Arizona, Maryland, Virginia, Maine, Texas, Hawaii , Massachusetts, New York, Utah , Montana and Idaho, Midwest, Mississippi , Ohio , Arkansas , Indiana , Kentucky, Iowa, Oklahoma
Trump's proposed import tariff would cost an extra $1,500 annually for Americans, according to a left-leaning think tank. Trump has championed his tax plan as favoring US interests over China, but the think tank argues he misunderstands tariffs. AdvertisementTrump's proposed import tariff would tack on an extra $1,500 per year for Americans, says a left-leaning Washington think tank. AdvertisementThe think tank estimated Americans will face a whopping $3.2 trillion influx of foreign goods. With a 10% tariff, that'd be an extra $300 billion in taxes on goods, roughly translating into $1,700 per household in the tariff's debut year.
Persons: Trump's, Trump, , Brendan Duke, Ryan Mulholland Organizations: American Progress, Service, White, Republican Locations: China, Washington
The Center for American Progress, a left-leaning think tank, looked at just how much better union workers are faring. By analyzing the Federal Reserve's Survey of Consumer Finances, CAP found that in 2022, union households held $338,482 in median wealth. Black, nonunion households have a median household wealth of $61,500; meanwhile, Black union households hold around $164,6000 in median household wealth. Union membership rates have declined for decades, reaching a record low of 10% in 2023. The researcher VanHeuvelen previously told BI that the decline in union membership would be like if the wage premium for going to college disappeared.
Persons: it's, Zachary Parolin, Tom VanHeuvelen, VanHeuvelen Organizations: Service, American Progress, Reserve's Survey, Consumer Finances, CAP, Business, Bureau of Labor Statistics, Labor Statistics, of Labor Statistics, Research, Bocconi University, University of Minnesota Twin Cities, Workers, , United Auto Workers, UPS Teamsters, SAG Locations: United States
First Solar , the largest panel manufacturer in the U.S., expects to receive about $1 billion in tax credits this year for making its products domestically. Eight of the top 10 congressional districts in terms of solar investments are represented by Republicans, according to the think tank. Enphase CEO Badri Kothandaraman is blunt that repealing the IRA tax provisions would hurt domestic manufacturing. Enphase makes inverters, a crucial component that converts solar energy harvested by panels into electricity that's usable in homes and in the power grid. Republicans appear less opposed to the wind and solar tax credits, Marcus said.
Persons: Biden, Trump's, Mark Widmar, Widmar, we've, who's, Badri Kothandaraman, Kothandaraman, Trump, Enphase, Tobin Marcus, Marcus, Wolfe, Dan Shugar, Shugar, John Berger, Berger Organizations: Republican, Financial Times, Republicans, House, First, CNBC, GOP, Center, American Progress, Wolfe Research, Senate, Trump, Investors, Detroit autoworkers, Department of Energy Locations: U.S, Arizona, Ohio, Louisiana, Alabama, Puerto Rico, Columbia , South Carolina, Arlington , Texas, Houston
The recent surge of migrants has put major cities across the U.S. under significant financial pressure. But experts say more federal assistance and funding are necessary to ensure that cities can survive the ongoing crisis. For instance, the $145 million allocated to New York City is less than 10% of what the city spent on migrant services in fiscal 2023, according to the Migration Policy Institute, a nonpartisan think tank. "These are complicated issues to manage, so the city, the state and the federal government, frankly, were not prepared for it." Watch the video above to see just how much financial pressure cities across the U.S. are facing due to the ongoing migrant crisis.
Persons: Biden, Simon Hankinson, Debu Gandhi, Muzaffar Chishti Organizations: The Heritage Foundation, The Center, American Progress, FEMA, Migration Policy Institute Locations: New York, Denver, Chicago, Washington ,, New York City, U.S
But dating apps, including Bumble, Grindr, Hinge and OkCupid, have cemented themselves as a fixture in American life: 2023’s downloads are more than twice the number of downloads in 2012, the year Tinder launched. This is the state of the dating app market, in four charts:Downloads are starting to fallThe popularity of dating apps has remained steady despite a slight decline in overall downloads in recent years. As many as three in 10 of all Americans say they’ve used a dating app, according to Pew. Tinder’s dominance is waningTinder has been the most commonly used dating app for Americans, a status it has held almost since it launched in 2012. Tinder is the largest app in Match Group’s US portfolio, which also includes Match, OKCupid, Hinge, Plenty of Fish and 36 other dating app brands aimed at diverse communities.
Persons: CNN — Tinder, Gen, they’ve, ” Tomas Iriarte, Reyes, Tinder, Gen Z Young, who’d, Gen Z, Bumble, X, , Amelia Orlando Organizations: CNN, Pew Research Center, Pew, Tinder, Survey Center, American, American Enterprise Institute Locations: data.ai
The border bill also comes with a big budget – including large amounts of funding for enforcement. New emergency border restrictionsWhat’s proposed: Once illegal border crossings reach a certain threshold, the Department of Homeland Security would be required to exercise a new emergency authority that bars migrants, except unaccompanied minors, from crossing the border between ports of entry. Those who lose their asylum cases in immigration court can appeal to judges on the Board of Immigration Appeals. Video Ad Feedback GOP lawmaker on border bill: This is all gamesmanship 03:56 - Source: CNNGiven the growing chorus of criticism on both sides of the aisle weighing in just a day after its release, this latest border bill may very well be as “dead on arrival” as some lawmakers have claimed. But the bill has picked up some high-profile support from the National Border Patrol Council, the union that represents Border Patrol agents and has endorsed Trump in the past.
Persons: they’ve, That’s, Joe Biden, Donald Trump, , , Muzaffar Chishti, Greg Chen, Chishti, , Guillermo Arias, What’s, ” Amy Fischer, John Moore, it’s, Biden, Obama, Andrea Flores, ” Ben Johnson, CNN’s Priscilla Alvarez, Lauren Fox, Morgan Rimmer, Ted Barrett, Clare Foran Organizations: CNN, White, Republican, Institute, American Immigration Lawyers Association, DHS, Department of Homeland Security, Federation for American Immigration Reform, Border Patrol, Getty, Citizenship, Immigration Services, Immigration, Amnesty International, Congress, National Border Patrol Council, Trump, American Locations: Ukraine, Israel, harm’s, Mexico, Jacumba , California, U.S, Rio, El Paso , Texas, Kabul, United States, DACA
MUSKOGEE, Okla. (AP) — The hallways of Bacone College are cold and dark. In the college’s historic buildings, there are leaks to plug, mold to purge and priceless works of Native American art to save from ruin. Founded in 1880 as a Baptist missionary college focused on assimilation, Bacone College transformed into an Indigenous-led institution that provided an intertribal community, as well as a degree. Across the country, there are only a few dozen tribal colleges, according to the American Indian College Fund, a nonprofit that supports Native American access to higher education. Tribal colleges must be sponsored by a federally recognized tribe and have a majority Native student enrollment.
Persons: aren't, Nicky Michael, Woody Crumbo, Fred Beaver, Joan Hill, Ruthe Blalock Jones, Bacone, “ Bacone, , Robin Mayes, Michael, Gerald Cournoyer, Cournoyer, Patti Jo King, King, Bull, Custer, Johnnie Diacon, Leslie Hannah, he’s, Midgley, Chris Oberle, KOSU, ___ Graham Lee Brewer Organizations: Baptist, Muscogee Nation Tribal Council, Lakota, Center, American, Kiowa, Huber Energy, Muskogee County Sheriff’s, MHEC, Associated Press, National Register of Historic Places, American Indian College Fund Locations: MUSKOGEE, Okla, shuttering, Muscogee, U.S, Cherokee, Bacone, Oklahoma, Ataloa Lodge, Sequoyah, Tulsa, Utah, Muskogee County
Lawyer Roberta Kaplan said Trump once used a coded version of the C-word profanity against her. The alleged incident took place before Kaplan went on to represent E. Jean Carroll against him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA lawyer who represented writer E. Jean Carroll against Donald Trump claimed that the former president once used a coded version of the C-word profanity against her. Kaplan told Conway that she initially didn't understand what Trump meant because they were not scheduled to meet the following Tuesday.
Persons: Roberta Kaplan, Trump, Kaplan, Jean Carroll, , E, Donald Trump, Carroll, George Conway, Sarah Longwell, Conway, Megyn Kelly, John Minchillo, Kelly, Debbie Walsh, Hillary Clinton, Carly Fiorina, Elizabeth Warren, Heidi Cruz —, Marianne LaFrance, Marie Yovanovitch Organizations: Service, Trump, Business, AP, Fox News, Center for American Women, Rutger's University, BBC, Yale University Locations: Trump's, Lago, Ukraine
$78 billion tax package: Here's what's in the bipartisan deal
  + stars: | 2024-01-31 | 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 Email$78 billion tax package: Here's what's in the bipartisan dealJean Ross, Center for American progress senior fellow, Rohit Kumar, PwC Washington National Tax Services co-leader, joins 'Squawk Box' to discuss the $78 billion tax package, what's in the new bill, and more.
Persons: Jean Ross, Rohit Kumar, PwC Organizations: Center, PwC Washington National Tax Services Locations: PwC Washington
What broke the American Dream for Millennials
  + stars: | 2024-01-19 | by ( Allison Morrow | ) edition.cnn.com   time to read: +11 min
For their nine-month-old son, Miles, Rachael and Garrett agree: They’re not going to push him to pursue the same path. “This is the American Dream,” Rachael says. The nest egg mythA common refrain Millennials heard from their Boomer parents is that buying is always better than renting. Luke Sharrett/Bloomberg/Getty ImagesCentral to the pitch of the American Dream is a house. “I don’t think anyone could have foreseen house prices going up 20% or 30% in a three-year period,” Garrett says.
Persons: Pennsylvania CNN — Rachael Gambino, Garrett Mazzeo, , Miles, Rachael, Garrett, They’re, ’ ”, ” Rachael, Kristen Gambino, Rachael Gambino, Deborah Brunswick, John General, America it’s, Brendan Duke, Baby, Millennials, gumming, Obama, , Louis, Boomer, Luke Sharrett, they’d, ” Garrett, they’re, homeownership, We’re, “ we’re, That’s, Duke, ” Duke, , Camerota, Matthew Friedman Organizations: Pennsylvania CNN, , CNN, Center for American Progress, of Education, America, Federal Reserve Bank of St, Bloomberg, Getty, Federal Reserve Bank of Philadelphia, Workers, Center, American Progress ’ Locations: Lansdale, Pennsylvania, America, United States, Attom, financials
AdvertisementRigel Robinson, chair of the Land Use, Housing, and Economic Development Committee on the Berkeley City Council, said "the student housing crisis has become the defining characteristic of the student experience at UC Berkeley." Experts said the housing crisis is making the already high student-debt load in the country worse. But with housing costs spiking, living expenses are a big part of the story for many. Darrell Owens, a policy analyst at California YIMBY — an advocacy organization working to end California's housing crisis — noted that the student housing crisis exacerbates the broader housing crisis. "Then what ends up happening is that they spike housing costs for other people."
Persons: , Katie Ibsen, Ibsen, Berkeley, Gavin Newsom, Rigel Robinson, Robert Kelchen, Kelchen, Marcella Bombardieri, Bombardieri, They're, Pell, I've, Darrell Owens, Robinson, it's Organizations: Service, University of California, Business, Gov, Economic, Berkeley City Council, UC Berkeley, Department of Educational, University of Tennessee, Knoxville ., Center for American Progress, Kootenai, Parsons School of Design, Hope, Temple University, Pell Grants Locations: Berkeley, COVID, Davis , California, Knoxville, Knoxville . College, California, Montana, Kootenai College, New York City, Jersey City
AdvertisementBaby boomer and Gen X women, meanwhile, saw a respective 6 and 4.4 suicides per 100,000 women when they were aged 25 to 34. While White millennial women saw suicide rates decline, young Black, American Indian or Alaskan Native, mixed-race, and Hispanic women experienced increases. AdvertisementBut millennial women also are faring better in the economyThe decline in safety among millennial women comes despite their improved financial and education status compared to generations before. At least 43.6% of young millennial women in the US have graduated college — a record level in modern history. That's compared to 28% of Gen X women and 22% of baby boomer women who graduated by the time they turned 34, the report said.
Persons: , boomer, Black, Gen, PRB, Gen X, Sara Srygley, X Organizations: Service, Business, Washington DC, Bureau, Statistics, Centers for Disease Control, Census Bureau, Labor Department, Center for American Women, Rutgers University Locations: American
WASHINGTON (AP) — Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s proposed acquisition of Pioneer Natural Resources. Exxon reported $9.1 billion in profits in the quarter that ended Sept. 30, while Chevron reported $6.5 billion in profits. Exxon has said the proposed deal with Texas-based Pioneer Resources would enhance U.S. energy security and benefit the American economy and consumers. Chevron said its proposed deal with New York-based Hess would strengthen long-term performance while “delivering higher returns and lower carbon” dioxide emissions that contribute to global warming.
Persons: Chuck Schumer, Schumer, Hess, Exxon, Alex Witt, Witt Organizations: WASHINGTON, , Federal Trade Commission, Natural Resources, FTC, Exxon, Pioneer, Hess Corporation, Chevron, Justice Department, Resources, Climate, Center for American Progress Action Fund, League of Conservation Voters, Sierra Club Locations: Texas, Chevron, Ukraine, New York
On Wednesday, the Supreme Court is hearing a case challenging the authority of federal agencies. AdvertisementThree major Supreme Court cases could upend the way the government works — and put Americans' federal benefits and consumer protections at risk. These are the other big cases to follow on the Supreme Court's docket. AdvertisementChanging how the federal government is allowed to make regulationsAnother Supreme Court challenge has big implications for the way all federal agencies function. AdvertisementThe Supreme Court will likely issue final decisions on these cases by June.
Persons: , George Jarkesy, Jarkesy, Sheila Bair, Loper, Raimondo Organizations: Service, SEC, Securities and Exchange Commission, Center, American Progress, Social Security, Social Security Administration, Financial, Community Financial Services Association of America Ltd, Federal, Fifth Circuit, Federal Deposit Insurance, Loper Bright Enterprises, National Marine Fisheries Locations: Chevron
U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | ReutersBEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which reduces uncertainty for businesses, analysts said. In conversations with Xi, Biden did not budge on export controls, enacted out of national security concerns. Wedding versus marriageAfter meeting Biden, Xi spoke at a dinner with top U.S. business executives in which he said the fundamental question was whether the two countries are "adversaries or partners." No 'splashy deliverables'Long-standing issues for U.S. business operations in China remain, and deals aren't made overnight.
Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Joe Biden's, Biden, Xi, Wang Dong, Jake Colvin, Gabriel Wildau, interlocutors, Ian Bremmer, Gary Dvorchak, it's, Jin Canrong, Jin, aren't Organizations: Economic Cooperation, Reuters, Reuters BEIJING —, Institute for Global Cooperation, Peking University, D.C, Foreign Trade Council, Summit, U.S, Biden, Eurasia Group, Mastercard, Monday, People's Bank of, Blueshirt Group, School of International Studies, Renmin University of China, Center for American Studies, Max, Boeing Locations: Filoli, Asia, Woodside , California, Reuters BEIJING, Reuters BEIJING — U.S, San Francisco, U.S, China, United States, Washington, Beijing, People's Bank of China, Taiwan
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