Archive List for Biden

Biden chip restrictions may ‘jeopardize’ business with China

On the backdrop of President Biden’s meeting with China’s Xi Jinping this week, Alibaba (BABA) has scrapped plans to spin off its cloud segment, citing the Biden administration’s recent export restrictions on AI chips to China. KraneShares Chief Investment Officer Branden Ahern comments on Alibaba’s value amid international trade pressures and what US tariffs could mean for Chinese business relations. “The Biden administration is looking to reset the relationship,” Ahern tells Yahoo Finance on easing trade tensions with China, adding on Biden’s meeting with President Xi: “There’s clearly [an] effort to stabilize the relationship, and I think that there’s really strong progress from the four-hour meeting around further military communication.” […]

Biden and Xi summit might be the ‘most important meeting’ since Nixon: Dennis Unkovic

President Biden’s face-to-face meeting with China’s Xi Jinping today marks the most significant talks between the leaders of the two nations since Nixon’s China visit, according to author and attorney Dennis Unkovic. However, Unkovic believes meaningful change post-summit will be limited to the military sectors. Unkovic notes that unlike during Nixon’s time, China now operates on an equal playing field and has greater demands. However, he thinks “Biden either can’t or won’t deliver” on core Chinese interests. He highlights the military communication breakdown following House Speaker Pelosi’s Taiwan visit against Xi’s wishes. Unkovic says reopening direct lines between U.S. and Chinese military officials is crucial in case crises emerge. “If […]

U.S. China relations: What Biden and Xi meeting means for multinational businesses and trade

President Biden will be meeting with Chinese President Xi Jinping on Wednesday at the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, where major CEOs and other world leaders will also be in attendance. China Beige Book International Managing Director Shehzad Qazi analyzes what Xi’s attendance and availability to business leaders will mean for investment into China. “The message to CEOs, of course, remains, ‘China’s open for business and we welcome foreign companies and foreign executives to come in,'” Qazi tells Yahoo Finance. “You don’t really have to sell foreign executives… on China very much still.” Qazi also cautions American business leaders on the geopolitical risks still tied to China. […]

War growing pressure over US support for Israel

US media is reporting that President Joe Biden has asked the Israeli prime minister to agree to a three-day pause in fighting. That’s to allow for the release of Israeli captives. While the White House is not confirming those reports, US officials are publicly disagreeing with Israel more than they have since the war on Gaza began. Al Jazeera’s Patty Culhane reports from Washington Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #USCongress #GazaAttacks #RashidaTlaib #GazaCeasefire #Biden #IsraelGazaWar #Palestine #Israel #HumanitarianCrisis #Gaza #GazaAirStrikes #IsraelGazaWar #PalestineLatestNews #GazaAirRaids #GazaUnderAttack #GazaWar […]

Biden on the looming UAW strike #shorts

President Joe Biden delivered remarks on the United Auto Workers union and the possibility of a looming strike as its contract ends near September 14, 2023. Biden addressed reporters’ questions on a Labor Day trip to Philadelphia on September 4, 2023. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #biden #joebiden #strike #autostrike

Medicare: Biden Administration calls out 10 drugs 💊 #shorts

The Biden administration has released the list of the first ten drugs that will be subject to Medicare price negotiations. The Center for Medicare Director Dr. Meena Seshamani joined Yahoo Finance Live on August 29, 2023 to discuss. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #biden #bidenadministration #medicare #2023 #news

Biden: ‘Unemployment is down and so is inflation’ #shorts

President Joe Biden discussed economic policies, jobs, inflation and U.S. manufacturing at the Arcosa Wind Towers in Albuquerque, New Mexico on August 9, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more […]

Student loan forgiveness: Biden unveils plan B #shorts

After the Supreme Court struck down the president’s student loan forgiveness plan, the Biden administration is seeking to provide debt relief under the Higher Education Act of 1965 and has initiated that regulatory process. Additionally, the White House on Friday announced several other avenues to support borrowers. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment […]

Inflation: ‘We’re bringing down prices,’ says Biden #shorts

President Joe Biden addressed inflation concerns to reporters in Washington on June 28, 2023. Biden said the U.S. economy is strong and does not expect a recession. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]