Lutnick’s 2025 Income Topped $250 Million
Commerce Secretary Howard Lutnick (Getty Images) Commerce Secretary Howard Lutnick reported more than $250 million in income for…
Trump Administration Unveils $874 Million CHIPS Act AI Push, With GlobalFoundries Securing Top Award
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US goods trade deficit shrinks, is still expected to weigh on Q2 GDP growth
By Lucia Mutikani WASHINGTON, July 28 (Reuters) – The U.S. trade deficit in goods narrowed in June amid…
Trump opens endangered species’ habitats to development
The Trump administration reversed decades of longstanding environmental law protecting endangered species Friday, opening up sensitive habitats of…
US goods trade deficit hits 14-month high in May as imports surge
By Lucia Mutikani WASHINGTON, June 26 (Reuters) – The U.S. trade deficit in goods swelled to a 14-month…
Inflation hits 3-year high, pressuring Fed to raise rates as election nears
President Donald Trump is on a mission to lower borrowing costs as quickly as possible. Wall Street now…
Anthropic disables Fable and Mythos AI models following U.S. government export ban
Anthropic was forced to disable all access to its newest AI models, Fable 5 and Mythos 5, late…
Record exports help narrow US trade deficit in April
By Lucia Mutikani WASHINGTON, June 9 (Reuters) – The U.S. trade deficit narrowed in April as exports jumped…
Rising exports lower US goods trade deficit in April
By Lucia Mutikani WASHINGTON, May 29 (Reuters) – The U.S. trade deficit in goods contracted more than expected…
U.S. Invests $2 Billion and Takes Stake in Quantum Firms
The Trump administration said Thursday that it had signed preliminary agreements to provide $2 billion in funding and…
U.S. Trade Deficit Grew in March
The U.S. trade deficit in goods and services rose to $60.3 billion in March, increasing 4.4 percent from…
Inflation jumps and gas soars but American consumers seemed to take it in stride
In the past week, many Americans remained laser focused on the economy, inflation and how those forces could…