Gina Raimondo, the commerce secretary, said new investments would put the U.S. on track to produce roughly 20% of the world’s most advanced logic chips by the end of the decade.
Category: Supply Chain
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Biden Targets a New Economic Villain: Shrinkflation
Liberals prodded the president for years to blame big corporations for price increases. He is finally doing so, in the grocery aisle.
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New Freighters Could Ease Red Sea Cargo Disruptions
Analysts and shipping executives say the expect costs to fall later this year as companies receive vessels they ordered two to three years ago.
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U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.
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US Agencies Start Inquiry Into Generic Drug Shortages
The F.T.C. and H.H.S. are examining the tactics of group purchasing organizations that generic industry executives say have led to scarce supplies of treatments like chemotherapy.
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Inflation Was Higher Than Expected in January, a Worrying Sign for the Fed
Overall prices cooled slightly from a year ago, but the report included worrying signs for the Federal Reserve.
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This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
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Is it a Birkin? A Dior? A Balenciaga? It’s an MSCHF, the New It Bag.
What does it take to make an It Bag? MSCHF’s answer may surprise you.
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For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.