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White House Chief of Staff Mark Meadows speaks to reporters following a television interview, outside the White House in Washington, U.S. October 21, 2020. REUTERS/Al Drago/File photo Acquire Licensing RightsWASHINGTON, Sept 5 (Reuters) - Former White House Chief of Staff Mark Meadows pleaded not guilty on Tuesday to charges in the Georgia election subversion case, joining two other allies of former President Donald Trump. Meadows went from being one of Trump's top Republican allies in the U.S. House of Representatives to becoming his White House chief of staff. Meadows attended White House meetings related to attempts to undo Trump's election defeat. Eastman represented Trump in a long-shot lawsuit to overturn voting results in four states Trump lost in 2020.

Persons: Mark Meadows, Al Drago, Donald Trump, John Eastman, Jeffrey Clark, Trump's, Democrat Joe Biden, Trump, Meadows, Frances Watson, Fulton, Brad Raffensperger, Eastman, Jack Smith's, Mike Pence, Biden, Clark, Jeffrey Rosen, Smith, Rosen, Rudy Giuliani, Doina Chiacu Organizations: White, REUTERS, Rights, White House, Fulton County Superior Court, Republican, Democrat, U.S . House, Trump, U.S, Electoral College, Justice Department, Department, Thomson Locations: Washington , U.S, Georgia, Meadows, Fulton County, U.S, Georgia's Fulton

CNN —Former White House trade adviser Peter Navarro goes on trial Tuesday as the second ex-aide to former President Donald Trump to be prosecuted for criminal contempt of Congress. With the judge finding that Trump did not make a formal invocation of privilege, Navarro will be severely limited in the defenses he can put in front of the jury. It declined to prosecute former Trump White House officials Mark Meadows and Dan Scavino, who were also subpoenaed by the committee and referred by the House to the Justice Department for contempt. Navarro told reporters outside the courthouse last week that his legal bills, including appeals of the case, would exceed $1 million. This is the same suit I wore in 2017 going into the White House,” he said.

Persons: Peter Navarro, Donald Trump, Navarro, Trump, Steve Bannon, Bannon, Amit Mehta, ” Navarro, he’d, crosshairs Navarro, Jared Kushner, Mehta, Prosecutors, –, ” Mehta, Mark Meadows, Dan Scavino, ” Organizations: CNN, Former White House, US, Appeals, Justice Department, Trump, Trump White House, National Archives, Prosecutors Locations: Washington, DC, China, Navarro’s

☆ Ex-National Security Advisor John Bolton says Vivek Ramaswamy reminds him of Trump and blasts both GOP candidates over their foreign policy acumen: 'They might as well be in kindergarten'
▼ + stars: | 2023-09-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

John Bolton criticized Vivek Ramaswamy and Donald Trump over recent comments regarding Ukraine. "He has very firm opinions on subjects he knows absolutely nothing about," Bolton told CNN. "I think Ramaswamy reminds me an awful lot of Donald Trump," Bolton said in response to Ramaswamy expressing a need for facts in order to call Russian President Vladimir Putin a war criminal. Bolton while on CNN then focused again on remarks made by Ramaswamy and Trump regarding Russia's invasion of Ukraine. I believe they think he's a laughing fool and the idea that somehow his presence in office would have deterred Putin is flatly wrong."

Persons: John Bolton, Vivek Ramaswamy, Donald Trump, Bolton, Bolton —, Trump, Ramaswamy, Vladimir Putin, Putin, Zelenskyy, he's, Xi Jinping, Kim Jong Organizations: Ukraine, CNN, Service, Security, GOP, Moscow, Criminal Court, ICC, Trump Locations: Ukraine, Russia, Wall, Silicon, Beijing, Moscow, China, North Korea

Excerpts from recent editorials in the United States and abroad:Aug. 31The Washington Post on sexism in the U.S. militaryNearly eight years ago, the United States opened up all military combat roles to women, clearing a pathway for female service members to join the most elite military forces. Women at multiple military bases reported that other soldiers would bang on their doors in the middle of the night. Even a program that once represented the highest ideals of the United States — its compassion, its expertise and its resources — is becoming a casualty of the country’s most destructive and divisive forces. Lack of adequate cooling during hot summers has plagued Southern states for decades, but climate change has now made it a problem in Northern states as well — Michigan, Minnesota, South Dakota, Indiana. Ukraine received the first batch of uranium munitions from the United Kingdom in March to use in its UK-made Challenger 2 tanks.

Persons: Soldiers, “, ”, George W, Bush, Anthony Fauci, Mark Dybul, PEPFAR, Henry Hyde, Dave Weldon, H.I.V, Hyde, Weldon, Biden, MAGA, Biden’s, Mr, Chris Smith of, Smith, Roe, Wade, Tommy Tuberville, Susan B, Anthony Pro, ” Nyserda, Don’t, Louisianans, it’s, commissaries, Joe Arpaio, let’s, perceptibly Organizations: Washington, Green, Ranger Regiment, Green Berets, Army Rangers, Special Operations, Army Special Operations Command, Special Forces, Army, Command, New York Times, Democrats, Republicans, Catholic Church, Republican Party, AIDS Relief, Republican, Heritage Foundation, Biden, Mr, PEPFAR, America, Family Research, United, New York State Energy Research, Development Authority, Alliance, Clean Energy, Alliance for Clean Energy, Developers, Micron Technology, Los Angeles Times, Staff, Prisons, US State Department, US Locations: United States, U.S, Afghanistan, Africa, Illinois, Florida, Chris Smith of New Jersey, Alabama, New York, Ukraine, California , Connecticut, Hawaii , Indiana , Maine , Maryland , Massachusetts, Michigan , New Jersey, New Mexico, Rhode Island, New Hampshire, Vermont, Louisiana, Angola, Texas, Southern, Michigan, Minnesota, South Dakota , Indiana, Maricopa County, Ariz, Los Angeles, California, Corcoran, Tulare Lake, China, Russia, United Kingdom, Moscow, Belarus, Washington, Europe, Asia, Brazil, Indonesia

☆ Trump is in a league of his own as GOP primary hits fall sprint
▼ + stars: | 2023-09-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —There are two Republican primaries as an election season that defies conventional metrics and campaign trail traditions crashes into its fall stretch. Trump has already convinced millions of his supporters that he is the current legitimate president after his false claims of fraud in the 2020 election. Many of the candidates in the second tier appear to be running for the nomination of a Republican Party that may not even exist anymore. Given these numbers, why would Trump drop his boycott and attend the second GOP presidential debate at the Ronald Reagan library in California later this month? “We need to narrow it down to find a leader who can get the Republican Party back on the right track and that could get us back to winning elections again,” Hogan said.

Persons: Donald Trump, Ron DeSantis –, Vivek Ramaswamy, Trump, Joe Biden, lionizes autocrats, ”, Peter Navarro, he’s, Michael Cohen, Biden, Hunter, Nikki Haley, Trump’s, Mike Pence, DeSantis, “, . South Carolina Sen, Tim Scott, Chris Christie, Asa Hutchinson, Ramaswamy, Pence, Haley, Christie, Scott, Ronald Reagan, Chris Sununu, ” Sununu, Larry Hogan, ” Hogan Organizations: CNN, Republican, GOP, Florida Gov, Trump, Labor, Republicans, White, Former South Carolina Gov, Former New Jersey Gov, Arkansas Gov, Republican Party, Trump Republican Party, New, New Hampshire Gov, NBC, ” Former Maryland Gov, CBS Locations: Florida, Washington ,, Georgia, Washington, Fulton County , Georgia, Fulton County, Iowa, New Hampshire, Ukraine, China, . South Carolina, DeSantis, California, Wisconsin, Russia, ”

☆ Nikki Haley Has a Playbook for Winning Tough Races, but 2024 Is Different
▼ + stars: | 2023-09-04 | by ( Jazmine Ulloa | More About Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

As in prior races, she’s on a tight budget, spending conservatively, and keeping up a grueling schedule of appearances. But the 2024 contest, in which Ms. Haley still trails former President Donald J. Trump as well as Gov. Ron DeSantis of Florida in national surveys, presents different challenges in a vastly altered political landscape. Though she is still pitching herself as an outsider who can take on the establishment, Ms. Haley now has a lengthy political résumé that includes a stint in the Trump administration. And much of the grass-roots support that helped power her victories in South Carolina has rallied behind her former boss, Mr. Trump.

Persons: Haley —, —, Haley, Donald J, Trump, Ron DeSantis, ”, Kevin Madden, Mitt Romney’s Organizations: United Nations, Republican Locations: Milwaukee, Florida, South Carolina

☆ Saving Tadpoles Taught Me A Valuable Lesson About Community and Political Action - The New York Times
▼ + stars: | 2023-09-03 | by ( Belle Boggs | ) www.nytimes.com time to read: +2 min

During the first spring of the pandemic, my two daughters and I taught ourselves to rescue frogs. On our daily walks along a riverbank in rural North Carolina, we often came across the stirring of young life. Transparent strings of tadpole eggs and wriggling green tadpoles lay in murky puddles that would soon dry up in the sun. It’s a reminder to look at our immediate environment, our close neighbors and community spaces, and to take action from there. Eventually, I realized that my most significant impact would be on the political races closest to home.

Persons: Trump Locations: North Carolina, tote

☆ Opinion | Should Right-Wing Populists Despair?
▼ + stars: | 2023-09-02 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Over the last few weeks Sohrab Ahmari, well known as a leading intellectual exponent of a combative Trumpian conservatism, has been making the rounds explaining why he’s giving up on right-wing populism. That’s a slight overstatement; his new book, “Tyranny, Inc.,” on the cruelties of corporate power in America, bears blurbs from leading populist Republicans like Josh Hawley and Marco Rubio. But part of the reason that the “Tyranny, Inc.” author and his circle earned so much attention in the Trump era is that the age of populism really did unsettle economic orthodoxies on the right. The Trump administration often defaulted, as Ahmari laments, to warmed-over Reaganite policymaking. But Trump’s victorious campaign really did kill off, for a time at least, the Tea Party-era emphasis on entitlement reform and hard money.

Persons: Sohrab Ahmari, ”, Josh Hawley, Marco Rubio, it’s, Trump, Ahmari, Trump’s, Biden Organizations: Inc, Tea Party Locations: America

Federal agents arrested a record number of migrant families who crossed the southern border illegally in August, two officials with preliminary data said, highlighting the Biden administration’s most prominent immigration challenge after rolling out new border policies this spring. The roughly 91,000 migrants who crossed together as families exceeded the 84,486 such crossings recorded in May 2019, the height of the border crisis during the Trump administration. The Biden administration ended the practice of detaining migrant families in 2021 for humanitarian reasons. The number of migrant families crossing between official ports of entry started to rise in July, and illegal crossings overall in August increased from the previous month to about 177,000. Illegal crossings increased by 33 percent between June and July and went up another 33 percent in August.

Persons: Trump, Biden Organizations: Biden, Washington Post

☆ Hard Right Injects Immigration Into Spending Fight, Raising Shutdown Fears
▼ + stars: | 2023-09-01 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

Hard-right House Republicans are threatening to block a stopgap bill to keep the government funded unless it includes a security crackdown along the U.S.-Mexico border, escalating fears of a shutdown within weeks and injecting the supercharged politics of immigration into an already fraught stalemate over federal spending. leaders barely managed in May to scrounge together the Republican votes needed to pass it. It has stalled in the Democrat-controlled Senate and would render any spending bill that carried it dead on arrival there. It is the latest complication for House Speaker Kevin McCarthy as he seeks to bridge the considerable rifts within his party over spending and prevent a shutdown that is all but certain to tarnish Republicans politically. It is slated to occur on Oct. 1 unless Congress passes a temporary funding patch to allow more time for a deal.

Persons: Trump, Kevin McCarthy, McCarthy, Biden Organizations: Republicans, Caucus, Democrat Locations: U.S, Mexico, scrounge

☆ Mother of Marine killed in Abbey Gate bombing says she wants full account of where her son took his last breath
▼ + stars: | 2023-09-01 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +3 min

“Just accurate statements of where my child was at the time of the bombing, where he took his last breath – all that, we have no information on any of that,” Alicia Lopez, mother of Cpl. The Biden administration has sought in recent days to honor members of the military involved in the US withdrawal of American troops from the country. But two years on, questions over the frenzied exit remain and Lopez and other families of Abbey Gate victims are demanding that the president take accountability. “We have requested true accountability and validation of the stories that the Marines that were injured and that were there have told us,” Lopez told Tapper. At a congressional roundtable earlier this week, the families of Abbey Gate victims offered emotional testimony about the withdrawal and losses.

Persons: Biden, ” Alicia Lopez, Cpl, Hunter Lopez, CNN’s Jake Tapper, Lopez, ” Lopez, Tapper, hasn’t, Joe Biden, ”, Chris Meagher, “, Hamid Karzai, Trump, Jaclyn Schmitz, Lance Cpl, Jared Schmitz Organizations: CNN, Marines, Pentagon, Gold Star, Department of Defense, Republican, House Foreign Affairs Committee, White, Department Locations: Kabul, Afghanistan

☆ Fact Check-Opening of Arizona border floodgates predates Biden administration
▼ + stars: | 2023-08-31 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

But posts on social media read: “The Biden administration welded open the Trump border wall in Tucson, AZ. The floodgates, however, open seasonally and predate the Biden administration. The Tucson Sector of the wall runs through most of the state of Arizona (here). A January 2020 article by the Washington Post, published almost a year before Joe Biden became president, shows floodgates had been opened for monsoon season during the Trump administration (here). Border Patrol agents have opened them during monsoon season since before Biden became president.

Persons: Biden, Ali Bradley, ” Bradley, “, It’s, Joe Biden, Trump, Ariel Ruiz Soto, Read Organizations: U.S, Facebook, Patrol, DHS, Department of Homeland Security, Biden, U.S . Customs, Border Protection, Tucson Sector, Washington Post, Migration Policy Institute, Border Patrol, Reuters Locations: U.S, Mexico, Arizona, Lukeville , Arizona, Tucson , AZ, Tucson, Washington

☆ China says drop in trade with the U.S. is 'a direct consequence of U.S. moves'
▼ + stars: | 2023-08-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Jason Lee | ReutersBEIJING — China's ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries. "This is a direct consequence of U.S. moves to levy Section 301 tariffs on Chinese imports, abuse unilateral sanctions and further tighten up export controls," he said. China's trade partnersThe U.S. is China's largest trading partner on a single country basis. Following her meetings with Chinese government officials, the U.S. and China agreed to establish regular communication channels on commerce, export controls and protecting trade secrets. Xie claimed that average U.S. tariffs on Chinese products were 19%, while the Chinese tariffs on U.S. goods averaged 7.3%.

Persons: Jason Lee, Xie Feng, Xie, Gina Raimondo's, Raimondo, Trump, Joe Biden, Janet Yellen Organizations: Reuters, Reuters BEIJING —, Forbes, U.S, China Business Forum, European Union and Association of Southeast, . Commerce Secretary, . Commerce, The Locations: Washington, Beijing, Taiwan, South China, Reuters BEIJING, U.S, China, New York, U.S . China, United States, Nations, France, Japan, The U.S

☆ Forget the Deep State. Trump is at war with the whole state
▼ + stars: | 2023-08-31 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +10 min

Trump's new object of hatred is the surface state — the state itself. The attack on the surface state began, of course, on January 6, when a violent mob, assembled and encouraged by Trump, descended on the Capitol to overturn a presidential election. AdvertisementAdvertisementToday, Trump's attacks on the surface state are accelerating. Maybe Trump has forgotten that less than three years ago, he was head of the surface state. Even defendants who, like Trump, attempt to sabotage the integrity of the justice system are entitled to the same due process and protections under US law.

Persons: Donald Trump, Trump, He's, Jack Smith, Fanni Wills, Let's, I'm, he'd, That's, Hillary Clinton, Mark Meadows, Josh Hawley, Ted Cruz, Tommy Tuberville, Cindy Hyde, Smith, Roger Marshall, John Kennedy, Cruz, Hawley, didn't, We've, it's, Mattathias Schwartz Organizations: Trump, Capitol, Department of Justice, Mar, DOJ, White, CIA, FBI, NSA, White House, GOP, Committee Locations: Afghanistan, Fulton County, Georgia, United States, New York, Iraq

☆ Trump told NY officials he was too busy saving the world 'from nuclear holocaust' to commit business fraud
▼ + stars: | 2023-08-31 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

In a sworn deposition, Trump told New York officials he was too busy "saving millions of lives" to commit business fraud. AdvertisementAdvertisementDuring the Trump administration, Donald Trump's assets within the Trump Organization were transferred to a trust controlled by Eric Trump, Donald Trump Jr., and Allen Weisselberg, the company's chief financial officer at the time. The elder Trump was "focused on doing something much larger than the Trump Organization" at the time, Eric Trump said in his deposition. Otherwise, he has left his two eldest sons and other executives to run the company, Eric Trump said. Weisselberg, as well as the Trump Organization, were convicted in a criminal case over a payroll tax-fraud scheme last year.

Persons: Trump, NY AG Letitia James, Donald Trump, Kevin Wallace, Letitia James, general's, he's, Eric, I've, Eric Trump, Donald Trump's, Donald Trump Jr, Allen Weisselberg, Don, Weisselberg, James, Donald Trump , Jr, Biden Organizations: New, NY AG, Service, New York, Trump, Trump Organization, Biden Locations: Wall, Silicon, New York, North Korea, China, Russia, Ukraine

☆ Google targets DOJ antitrust chief with bias allegations in monopoly defense
▼ + stars: | 2023-08-31 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

CNN —Google went on the offensive Thursday in a closely watched antitrust case dealing with the tech giant’s digital advertising dominance, questioning the motives of the Justice Department’s top antitrust official. Google’s filing targets Jonathan Kanter, the US assistant attorney general for antitrust, and his widely reported past legal representation of Google-parent Alphabet’s corporate rivals, such as Microsoft, Yelp and News Corp, among others. Google’s attorneys argue that Kanter’s past clients create an ethical conflict and should raise doubts about the US government’s overall lawsuit. They also cited evidence in the case that, prior to joining DOJ, Kanter lobbied in a personal capacity for the agency to pursue an antitrust case against Google. The Biden administration has sought to limit the scope of discovery to prevent Google from gathering evidence about Kanter’s advocacy, according to Thursday’s filing.

Persons: Jonathan Kanter, Kanter, AAG Kanter, Susan Athey, Athey, Biden, Trump, Leonie Brinkema, Judge Brinkema Organizations: CNN, Google, Microsoft, News Corp, DOJ, Justice, Stanford, Court, Eastern, of, US Locations: Alexandria , Virginia, United States, of Virginia, Manhattan, Virginia

☆ Army, Marine units involved in Afghanistan withdrawal to receive Presidential Unit Citation two years later
▼ + stars: | 2023-08-31 | by ( Haley Britzky | ) edition.cnn.com time to read: +6 min

CNN —US service members deployed on the Afghanistan withdrawal mission will receive the Presidential Unit Citation, Defense Secretary Lloyd Austin announced Thursday, the two-year anniversary of the withdrawal. The Air Force does not appear to be included in the units receiving citations under Thursday’s announcement, an Air Force official said, though Pentagon spokesman Brig. Gen. Pat Ryder said at a news briefing on Thursday that more units could receive the citation in the future. “So in the statement that we put out today, it highlighted the units that have currently been awarded that recognition. The Biden administration conducted an after-action review of the Afghanistan withdrawal and released a summary of findings in April this year.

Persons: Lloyd Austin, ” Austin, “, Pat Ryder, ” Ryder, Hamid Karzai, Austin, Mike McCaul, they’d, Biden, Trump, Ashraf Ghani, Christine Wormuth, ” Wormuth Organizations: CNN, 24th Marine Expeditionary Unit, Force, Central Command, 82nd Airborne Division, Gold Star, Army National Guard and, The Air Force, Air Force, Pentagon, Hamid, Capitol, House Foreign Affairs, Republican, Biden, Department, Marines, The Defense Department, US Central Command, Army, Marine Corps, 82nd Airborne, Command Locations: Afghanistan, Kabul

☆ How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback
▼ + stars: | 2023-08-30 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

That is two and a half times more nuclear reactors under construction than any other country. China was just getting started as the United States nuclear industry began to take a back seat. Power follows demand, so the new nuclear reactors tend to be built where fast-developing economies need power to fuel their growth. For the United States to win the export business, it must prove it can put steel in the ground in the United States. "We and our close nuclear energy allies are at what I think is just the start of a fierce competition for supremacy in global nuclear energy export markets," Kotek said.

Persons: Jacopo Buongiorno, Kenneth Luongo, Luongo, John F, Kotek, they've, Buongiorno, Westinghouse, Trump, Biden Organizations: Plant, China National Nuclear Corporation, China Huaneng, Changjiang, China News Service, Getty, International Atomic Energy Agency, United, Massachusetts Institute of Technology, CNBC, Partnership for Global Security, World Nuclear Association, Chicago Tribune, Tribune, Service, IAEA, Organization for Economic Cooperation, Development, OECD, U.S . Energy Information Administration, Nuclear Energy Institute, International Energy Agency, France, Visual China, Georgia Power, Westinghouse Locations: China, Changjiang Li Autonomous County, Hainan Province, India, Turkey, United States, Georgia, Byron , Illinois, France, Russia, HUIZHOU, CHINA, Huizhou, Guangdong Province of China, Europe, Eastern Europe, U.S

☆ Labor Department Proposes Vast Expansion of Overtime Eligibility
▼ + stars: | 2023-08-30 | by ( Noam Scheiber | More About Noam Scheiber | ) www.nytimes.com time to read: +1 min

In a move that could affect millions of workers, the Biden administration announced Wednesday that it was proposing to substantially increase the cutoff below which most salaried workers automatically receive time-and-a-half overtime pay. Under the proposed rule, issued by the Labor Department, the cutoff for receiving overtime pay after 40 hours a week would rise to about $55,000 a year from about $35,500, a level that was set during the Trump administration. About 3.6 million salaried workers who fall between the current cutoff and the new one would effectively gain overtime pay eligibility under the proposed rule, the department said. Some employers may choose to raise workers’ pay above $55,000 to avoid paying overtime. Julie Su, the department’s acting secretary, said in a statement that the rule “would help restore workers’ economic security by giving millions more salaried workers the right to overtime protections.”

Persons: Biden, Trump, Julie Su Organizations: Labor Department

REUTERS/Seth Wenig/File Photo Acquire Licensing RightsAug 30 (Reuters) - The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to 3.6 million salaried workers, going even further than an Obama-era rule that was struck down in court. The proposed rule would not affect overtime eligibility for workers who are paid hourly. Salaried workers who earn above the salary threshold may still be eligible for overtime pay if they do not primarily perform management-related duties. But a federal judge in Texas the following year said that ceiling was so high that it could sweep in some management workers who are exempt from overtime pay protections. Ben Brubeck, vice president of construction trade group Associated Builders and Contractors, on Wednesday called the proposed rule disappointing.

Persons: Seth Wenig, Joe Biden, Obama, Trump, Jessica Looman, Looman, Ben Brubeck, DOL, Brubeck, Daniel Wiessner, Bernadette Baum, Bill Berkrot Organizations: Brooklyn, REUTERS, U.S, U.S . Department of Labor, Labor Department, Workers, Associated Builders and Contractors, Thomson Locations: New York, California, Texas, Albany , New York

☆ Under new Biden proposal, salaried workers earning up to $55,000 per year could get overtime pay
▼ + stars: | 2023-08-30 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Some 3.6 million salaried workers may soon be able to earn overtime pay, according to a new proposal from the Biden administration. Currently, overtime pay applies primarily to hourly workers who log more than 40 hours in one week. The new proposal raises that threshold so non-hourly professionals can earn overtime if they earn less than $55,068 per year, or $1,059 per week. Roughly 15% of salaried workers are now entitled to overtime pay, the AP reports citing data from the Economic Policy Institute. If the new rule passes, nearly 30% of salaried workers would become eligible for overtime, though that's far lower than the 60% of salaried workers who were entitled to overtime pay in the 1970s, per the EPI.

Persons: Biden, Jessica Looman, Obama, Trump, Warren Buffett Organizations: Labor, Economic, Institute, Federal Register, Labor Department, Republicans Locations: U.S, New York, California

☆ US Commerce Secretary Gina Raimondo urges American businesses to keep investing in China (Analysis)
▼ + stars: | 2023-08-30 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —US Commerce Secretary Gina Raimondo urged American businesses to keep investing in China on Wednesday, even after saying some US firms had called the world’s second biggest economy “uninvestable.”Speaking at an American Chamber of Commerce event in Shanghai, the secretary encouraged companies to continue expanding in the country. “The message is to continue to do what you’re doing,” Raimondo told executives. Eric Zheng, president of AmCham Shanghai, told CNN after Raimondo’s appearance that he had not been hearing the term “uninvestable” from businesses on the ground. “In order to be globally competitive, they have to be in this market despite all the challenges.”Warm wordsRaimondo is the first US commerce secretary to visit China in five years. Andy Wong/APThe issue highlights the tightrope the commerce secretary is walking.

Persons: Gina Raimondo, ” Raimondo, Raimondo, Aly Song, ”, Wang Wenbin, Li Qiang, Antony Blinken, Janet Yellen, John Kerry, Eric Zheng, Andy Wong, Wang Wentao, Lifeng, Yellen, Foreign busineses, Chen Jining, Nazak Nikakhtar, Trump, Zheng, “, —, Jadyn Sham, Alex Stambaugh Organizations: Hong Kong CNN — US, American, of, Reuters, Shanghai, Biden, CNN, Covid, US Commerce Department, US Department of Commerce, Foreign, Department, Department of Commerce Locations: Hong Kong, China, Shanghai, Beijing, United States, decouple, “

☆ U.S. Space Force looks to boost allied tracking of North Korea missiles
▼ + stars: | 2023-08-30 | by ( Josh Smith | ) www.reuters.com time to read: +3 min

A new logo for the U.S. Space Force being added by the Trump administration as a sixth branch of the U.S. military, is seen in this handout image released by U.S. President Donald Trump from the White House in Washington, U.S. January 24, 2020. Led by a small contingent of U.S. Space Force personnel - the branch's first official component set up overseas - the allies see closer space integration as key to better tracking North Korean threats and responding to a conflict. The exact details of that trilateral cooperation are being worked out at higher levels, Space Force officials told reporters at a briefing at Osan Air Base, south of Seoul. Missile tracking data, including information from the U.S. Space-based Infrared System (SBIRS), which can detect missile launches, is already being automatically shared with U.S. allies through early warning systems, said Master Sergeant Shawn Stafford.

Persons: Trump, Donald Trump, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Matt Taylor, Taylor, Shawn Stafford, Kim Jong Ha, Tal Inbar, Josh Smith, Gerry Doyle Organizations: U.S . Space Force, U.S ., U.S, White, REUTERS, Rights, Korean, . Space Force, South Korean, Korea, Space Force, Osan Air Base, . Space Forces, South, South Korean Air Force Space, Squadron, Israel's Fisher Institute for Air, Space Strategic Studies, Thomson Locations: Washington , U.S, Rights SEOUL, U.S, Japan, Seoul, Korea, South Korea

Andy Wong | Afp | Getty ImagesBEIJING — U.S. Commerce Secretary Gina Raimondo has called on China to improve the predictability of the business environment for American companies in the country. "There's an appetite certainly for U.S. business to continue to do business in China," she said, adding however that "It's an unlevel playing field for U.S. business. Foreign companies in China have long complained about market access challenges including forced tech transfers and preferential treatment for local companies, especially state-owned enterprises. Gina Raimondo U.S. Commerce SecretaryThe updated law is of "great concern" to U.S. companies, Raimondo said. Foreign business organizations have noted improvements over the years in China's protection of intellectual property.

Persons: Gina Raimondo, China Nick Burns, Premier Li Qiang, Andy Wong, Raimondo, CNBC's Eunice Yoon, Biden, Stephen Olson Hinrich, Stephen Olson Organizations: Premier, of, People, Afp, Getty, U.S . Commerce, U.S, Trump, U.S . Department of Commerce's, of Industry, Security, Commerce, CNBC, Foundation, Biden, Boeing, Bloomberg Locations: China, Beijing, BEIJING, U.S, Shanghai, America, The U.S

☆ Another inflation wave may be coming as big government spending and high energy costs push prices up, former White House economist says
▼ + stars: | 2023-08-29 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Inflation could rebound, thanks to high energy prices and hot economic growth. "We're going to see another inflation wave that's going to be stimulated by high growth and by higher energy prices." But there are still lingering price pressures in the economy that could bring on a resurgence of hot inflation, Hassett warned. In Hassett's view, interest rates could "for sure" rise to 6%, a level unseen since December 2000 and something that most investors likely haven't priced into assets. AdvertisementAdvertisementHigher interest rates could spell trouble for stocks and the economy as financial conditions continue to tighten.

Persons: Kevin Hassett, Trump, Hassett, There's Organizations: Service, White House, of Economic, CNBC, White, Atlanta, CPI, AAA, New York Fed Locations: Wall, Silicon

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