Chip Makers, Once in High Demand, Confront Sudden Challenges
Posted inBiden, Joseph R Jr Company Reports Computer Chips Computers and the Internet Economic Conditions and Trends Factories and Manufacturing Hynix Semiconductor Intel Corporation International Relations Lam Research Corporation Micron Technology Inc NVIDIA Corporation Smartphones

Chip Makers, Once in High Demand, Confront Sudden Challenges

Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.
A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
Posted inBank of England Bank of India Bank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Federal Reserve System Government Bonds Interest Rates International Trade and World Market Reserve Bank of India Setser, Brad W US Dollar (Currency)

A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.

The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies.
Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help
Posted inDemocratic Party Economic Conditions and Trends Federal Budget (US) House of Representatives Inflation (Economics) Inflation Reduction Act of 2022 Midterm Elections (2022) Republican Party Senate Tax Cuts and Jobs Act (2017) United States Economy United States Politics and Government

Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help

Proposed tax and spending cuts by the G.O.P., which is making a push to take back Congress, are unlikely to bring down rapidly rising prices any time soon.