Wednesday, December 4

Day: June 19, 2024

Half a million immigrants could eventually get US citizenship under a sweeping new plan from Biden

Half a million immigrants could eventually get US citizenship under a sweeping new plan from Biden

President Joe Biden ordered expansive election-year action Tuesday to offer potential citizenship to hundreds of thousands of immigrants without legal status in the U.S., aiming to balance his recent aggressive crackdown on the southern border that enraged advocates and many Democratic lawmakers. The president announced that his administration will, in the coming months, allow certain U.S. citizens’ spouses without legal status to apply for permanent residency and eventually citizenship without having to first depart the country. The action by Biden, a Democrat, could affect upwards of half a million immigrants, according to senior administration officials. “The Statue of Liberty is not some relic of American history. It still stands for who we are,” Biden said from a crowded East Ro...
Nvidia becomes world’s most valuable company

Nvidia becomes world’s most valuable company

Nvidia became the world’s most valuable company after its share price climbed to an all-time high on Tuesday. The stock ended the trading day at nearly $136, up 3.5%, making it more valuable than Microsoft. It overtook Apple earlier this month. American company Nvidia makes computer chips needed for artificial intelligence (AI) software, and demand for its products has boosted its sales and profits over the last few years. Many investors believe its earnings can grow even more, which has caused its share price to soar, though some have questioned its sky-high valuation. Tuesday’s share price rally means the market now values the company at $3.34tn (£2.63tn), with the price having nearly doubled since the start of this year. Eight years ago, the stock was worth less than 1% of its curr...
Biden to give legal status to 500,000 undocumented spouses

Biden to give legal status to 500,000 undocumented spouses

President Joe Biden has announced a new policy that would protect hundreds of thousands of undocumented spouses of US citizens from deportation, according to administration officials. The issue of immigration has proven an election-year headache for Mr Biden, who recently issued a sweeping executive action to curb record migrant arrivals at the US-Mexico border. The new policy will apply to those who have been in the country for at least 10 years and will allow them to work in the US legally. The White House believes more than 500,000 spouses will be eligible. Speaking at an event at the White House on Tuesday, Mr Biden said the move would help the US immigration system become less "unfair" and "unjust" for the benefit of immigrants, married couples - and all Americans. Polls show t...
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