Commerce Secretary Raimondo: U.S. set to become a major hub of leading-edge logic chip manufacturing
WASHINGTON — The Biden administration is aiming to make the U.S. a major manufacturer of state-of-the-art semiconductor chips before 2030…
FCC to vote in March on rules for ‘all-in’ cable and satellite pricing
WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced that it will be voting on rules that will…
FCC to vote in March on rules for ‘all-in’ cable and satellite pricing
WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced that it will be voting on rules that will…
Deflation: Here’s where prices fell in January 2024, in one chart
Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers…
Lael Brainard slams food companies for ‘shrinkflation’ as White House attacks price gouging
National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling down on the latest battlefront…
Here’s the inflation breakdown for January 2024 — in one chart
Inflation declined in January and consumers’ buying power rose as price pressures for U.S. goods and services continued to ease.…
Budget office projects Biden green energy plan will cost much more than initial estimate
WASHINGTON — The U.S. budget deficit will grow by an estimated $1 trillion over the next 10 years, the nonpartisan…
China expresses concerns to U.S. over tariffs, sanctions in Beijing talks
China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to…
Red Sea tensions risk significantly higher inflation, OECD warns
Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation,…
Stock market in a ‘very dangerous’ position as jobs and wages run hot, fund manager says
The U.S. stock market is in a “very dangerous” spot as persistently strong jobs numbers and wage growth suggest the…
