Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih | Getty Images News | Getty Images Taiwan will not accept Washington’s proposal to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said. Speaking to reporters, Cheng Li-chiun, also the country’s vice premier, said on Wednesday…
U.S. House Speaker Mike Johnson, a Republican from Louisiana, from left; Russell Vought, director of the Office of Management and Budget; Senate Majority Leader John Thune, a Republican from South Dakota; and U.S. Vice President JD Vance speak to members of the media following a meeting at the White House in Washington, D.C., on Sept….
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and…
The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump has legal cause to fire her. The court’s move is a blow to Trump, who has repeatedly and unsuccessfully asked federal courts to allow him to terminate Cook from…
Director of the US Office of Management and Budget (OMB) Russell (Russ) Vought speaks to reporters outside the West Wing of the White House on July 17, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty Images The Trump administration has frozen about $18 billion for two major infrastructure projects in New York City…
F-35 fighter jets of the Royal Netherlands Air Force in formation. Sopa Images | Lightrocket | Getty Images LUXEMBOURG – Europe is not at war with Russia, but it needs to take its threats seriously, Luxembourg’s head of state told CNBC Tuesday in an exclusive interview. A number of European nations have flagged new Russian…
The federal government will shut down early Wednesday, in large part because of a debate between Republicans and Democrats over enhanced Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrats, in turn, say that’s a lie. Democrats say they are only…
A view of the U.S. Capitol building a day before a partial government shutdown is scheduled to take place, on Capitol Hill in Washington, D.C., U.S., September 30, 2025. Annabelle Gordon | Reuters Premiums for health plans purchased over the Affordable Care Act marketplace will more than double in 2026 if enhanced subsidies expire at…
Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming federal government shutdown, the Conference Board reported Tuesday. The board’s headline confidence index registered a 94.2 reading, off 3.6 points from the August reading and below the Dow Jones estimate for 96.0. The reading was the lowest since April…
A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a smartphone screen Vcg | Visual China Group | Getty Images The Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that half of America’s chips are manufactured domestically, in a move that could have implications for Taiwan’s…
