President Joe Biden arrived to speak at the Eisenhower Executive Office Building in Washington on Wednesday.Credit.Oliver Contreras for The New York Times
President Biden issued a new executive order on Thursday barring Americans from investing in Chinese firms linked to the country’s military or engaged in selling surveillance technology both inside and outside of China used to repress dissent or religious minorities.
The new order, which initially lists 59 Chinese firms, substantially expands an order issued in November by President Donald J. Trump. By rewriting that earlier order to include firms engaged in making and deploying the surveillance technology used against Muslim minorities like the Uigurs and dissidents in Hong Kong and in the Chinese diaspora around the globe it intensifies a commercial and ideological battle between Beijing and Washington, one that Mr. Biden has termed the struggle between “autocracy and democracy.”
House hunters are leaving the city, and builders can t keep up - Silicon Valley Business Journal
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By Conor Dougherty and Ben Casselman
May 29, 2021
… Just as notable as the level of new construction is where it is taking place. From the mountains of central Pennsylvania to the one-stoplight towns beyond Houston’s endless expanse to California’s San Joaquin Valley, developers are racing to build homes in areas that buyers used to judge beyond the outer limits of an acceptable commute.
Every housing boom redefines where the city ends. Fields beyond the old suburbs become the site of the new exurbs until the next development wave pushes farther still. Over the past decade, however, as high-paying jobs increasingly concentrated in a handful of big cities, workers from across the income spectrum spent a growing share of their paychecks to live in downtown neighborhoods and commuter-friendly areas.
AP Photo/Elaine Thompson
25 May 2021
The public’s rising demand for higher wages is causing turmoil in business sectors that have become reliant on cheap labor ensured by the federal government’s high immigration, wage-cutting policies.
Michael Kanell at Georgia’s AJC.com provided an example in the restaurant sector:
Jamie Oden bought an Amici restaurant franchise in Fayetteville which she plans to open later this month. To be fully staffed, she needs about 25 people. She has fewer than 10.
“We have been struggling to find help,” she said. “No one would even apply.”
She did increase pay by $2 an hour for some cooks and food prep workers. But her business plan called for paying dishwashers $10 or $12 an hour, and at that wage, she couldn’t fill those jobs. “I had people who applied and said they just wouldn’t work for less than $16 an hour.”
Debt Relief Payments to Minority Farmers Will Start in June
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Handy Kennedy, the founder of a cooperative of Black farmers formed with the goal of reducing overhead costs, feeds his cows last month in Cobbtown, Ga.Credit.Michael M. Santiago/Getty Images
The United States Department of Agriculture said on Friday that it will begin making loan forgiveness payments in June to thousands of minority farmers as part of the Biden administration’s $4 billion debt relief program.
The initiative, part of the $1.9 trillion economic relief package that Congress passed in March, has been criticized by white farmers, who claim that it is a form of reverse discrimination, and by banks, which have complained they are losing out on profits from lost interest payments. Delays in implementing the program have frustrated Black farmer organizations, whose members have struggled financially for years and received little help from the Trump administration�
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