American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.
J&J, Merck and Bristol Myers Squibb CEOs Will Testify at Senate Hearing on Drug Prices

J&J, Merck and Bristol Myers Squibb CEOs Will Testify at Senate Hearing on Drug Prices

The top executives of three major companies are set to appear on Thursday before a Senate panel led by Mr. Sanders, who has made lowering drug costs a signature issue.
U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.
For First Time in Two Decades, U.S. Buys More From Mexico Than China

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.