Category: United States Economy

What is in the CHIPS Act, Aimed at Childcare Expansion and National Security

The New York Times – Business:
A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well
The CHIPS Act Is About More Than Chips: Here’s What’s in It

The New York Times – Business:
A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well
To Tap Federal Funds, Chip Makers Will Need to Provide Child Care

The New York Times – Business:
The move seeks to help more women join the work force as industry leaders complain of labor shortages.
How the Lab Leak Theory Could Strain U.S.-China Relations

The New York Times – Business:
The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.
IRS Decision Not to Tax Certain Payments Carries Fiscal Cost

The New York Times – Business:
The Biden administration has opted not to tax state payments to residents, a decision that could add to the nation’s fiscal woes.
What Layoffs? Many Employers Are Eager to Hang On to Workers.

The New York Times – Business:
Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many.
The Week in Business: Fraud Charges for a Media Founder

The New York Times – Business:
President Biden announced his choice to head the World Bank. And the Supreme Court will hear arguments about student debt cancellation.
War in Ukraine Deepens Divide Among Major Economies at G20 Gathering

The New York Times – Business:
Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
How the Fed Opened Pandora’s Box

The New York Times – Business:
Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.
Stocks Sink for Third Straight Week

The New York Times – Business:
A turn in the market has eroded the sharp rally at the start of the year, as investors have fretted about recent signals suggesting a resurgence in inflation.
U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies

The New York Times – Business:
The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
The Fed’s Preferred Inflation Gauge Sped Back Up

The New York Times – Business:
Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.