Here’s where the last $6 billion in CHIPS Act semiconductor award money is going
The rollout of the Biden administration’s CHIPS Act award money has so far focused on providing major awards for major…
Most Americans falsely think the U.S. is in recession, poll shows
More than half of Americans think the United States is in an economic recession, although gross domestic product has been…
Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the…
Biden takes credit for Target grocery price cuts: ‘They’re answering the call’
President Joe Biden took a victory lap after Target announced it was lowering prices on groceries and other items —…
How Biden is winning over corporate America behind closed doors
President Joe Biden has had it out for corporate America for much of his term. Over the past three years,…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more
The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said…
U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming…
The U.S. is now Germany’s biggest trading partner — taking over from China
After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as…
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…
