Earlier this week, President Biden issued an executive order banning American firms from investing in some Chinese technology companies, citing national security concerns. WSJ s Andrew Duehren explains how the move fits into the complicated relationship between the two countries. Further Reading: - Biden Restricts U.S. Investment in China - Sequoia Made a Fortune Investing in the U.S. and China. Then It Had to Pick One. Further Listening: - The U.S. Wants American-Made Chips. Can Intel Deliver? - China’s Crackdown on Foreign Consulting Firms - Are Apple and China Breaking Up?
U S Posts $240 Billion Deficit for May — WSJ morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
By Andy Duehren WASHINGTON-The federal government spent $240 billion more than it received in revenue in May, a $174 billion wider deficit than in the same month last year. The federal deficit has been growing this fiscal year as spending is h.
Senate sashays back to work politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.