An Nvidia chip is seen through a magnifying glass in Beijing, China, on August 1, 2025. Vcg | Visual China Group | Getty Images Nvidia has asked some of its component suppliers to stop production related to its made-for-China H20 general processing units, as Beijing cracks down on the American chip darling, The Information reported…
U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as he visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah…
U.S. President Donald Trump (R) and Russian President Vladimir Putin hold a press conference at Joint Base Elmendorf-Richardson on August 15, 2025 in Anchorage, Alaska. Andrew Harnik | Getty Images U.S. President Donald Trump said Saturday that his summit with Russian President Vladimir Putin “went very well” after the pair met for hours one day…
A cargo ship full of shipping containers departs the port of Oakland at the San Francisco Bay, California, U.S., August 4, 2025. Carlos Barria | Cb With both the producer price index and the consumer price index still showing accelerations, consumers may be wondering why the price of goods across the board isn’t increasing more….
While last month’s consumer price index showed that food prices were effectively flat month over month, tariff-sensitive items like coffee beans, specialty teas and spices are showing signs of inflation, worrying small businesses selling those products. According to the Bureau of Labor Statistics, coffee prices surged 14.5% in July year over year. The average retail price…
E. J. Antoni, Heritage Foundation economist and former economist for the Texas Public Policy Foundation. Courtesy: Texas Public Policy Foundation Heritage Foundation economist E. J. Antoni, chosen Monday by President Donald Trump to lead the Bureau of Labor Statistics, recently floated the idea of the BLS suspending its traditional monthly jobs reports. Antoni, in an interview…
People shop at a supermarket in Rockville, Maryland, on July 18, 2025. Sha Hanting | China News Service | VCG | Getty Images Social Security beneficiaries may see a 2.7% cost-of-living adjustment in 2026, according to new estimates from policy experts, based on the latest government inflation data. That projected increase would be higher than…
U.S. President Donald Trump speaks to the media as he departs the White House on August 1, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Saturday that he will hold a press availability at the White House next week to address violent crime in Washington, D.C., days after the White…
A major exchange-traded fund provider is getting ready to launch a fund designed to ease investors’ tax burdens from a record-setting stock market. Even though ETFs are considered more tax efficient than mutual funds, Astoria Portfolio Advisors plans to launch the Astoria U.S. Enhanced Core Equity ETF (LCOR) in October. The fund uses a tax-mitigation…
U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment…
