It is the centerpiece of President Trump’s drive to make more chips in the United States, but the company still has a long way to go before it can be called a complete turnaround.
Category: Commerce Department
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Intel’s Chip Business Shows Signs of Life After Years of Struggle
The New York Times – Business: -
U.S. Invests $2 Billion and Takes Stake in Quantum Firms
The New York Times – Business:The Trump administration said it had signed preliminary deals for equity stakes in nine quantum computing companies.
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China Sought Access to Anthropic’s Newest A.I. The Answer Was No.
The New York Times – Business:The latest artificial intelligence models from Anthropic and OpenAI are extending the United States’ lead over China and intensifying the rivalry between the countries.
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Howard Lutnick to Face Questions From Congress About Epstein Ties
The New York Times – Business:The commerce secretary is set to be interviewed Wednesday in a closed-door session with the House Oversight Committee
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U.S. Trade Deficit Grew in March
The New York Times – Business:Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices
The New York Times – Business:Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
The New York Times – Business:A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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White House Secures Foreign Steel for Ballroom Project
The New York Times – Business:ArcelorMittal, a European steel maker, is donating tens of millions of dollars of foreign steel for President Trump’s new ballroom.
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Change in Data Sources Led to Lower Inflation Reading
The New York Times – Business:A methodological change contributed to a better-than-expected inflation report, prompting questions from some economists.
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Wall Street Bankers Offered Lucrative Access to Join the Pentagon
The New York Times – Business:A presentation from a headhunting firm aimed to recruit Wall Street investors to the Pentagon by offering “unmatched access” to government officials and fund-raising opportunities among foreign sovereigns.
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U.S. Trade Deficit Falls in January
The New York Times – Business:The data showed imports dipped and exports rose in the month before the Supreme Court struck down most of the president’s tariffs.
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U.S. Economy Grew Modestly at End of 2025
The New York Times – Business:Gross domestic product expanded at a 1.4 percent annual rate in the last quarter of the year, slowed by the effects of the government shutdown.