When Gina Raimondo, the commerce secretary, visited China this week, she joined a long line of U.S. politicians who have come to the country to try to sway Chinese officials […]
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Back to news homeU.S. Does Not Want to ‘Decouple’ From China, Raimondo Says
Gina Raimondo, the U.S. secretary of commerce, told Chinese officials on Tuesday that the United States was not seeking to sever economic ties with China, but she expressed a litany […]
Indiana Tests if the Heartland Can Transform Into a Chip Hub
Over the past 14 months, Indiana began converting 10,000 acres of corn and bean fields into an innovation park. State leaders met with the chief executives of semiconductor giants in […]
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]
China’s Cloud Computing Firms Raise Concern for U.S.
In the digital cold war between the United States and China, American officials are increasingly turning their attention to a new target: Chinese cloud computing giants.Over the last 18 months, […]
Biden Team to Counter Tech Espionage Unveils Cases Involving China and Russia
The Biden administration announced arrests and criminal charges on Tuesday in five cases involving sanctions evasion and technology espionage efforts linked to Russia, China and Iran.Two Russian nationals were taken […]
White House Unveils Initiatives to Reduce Risks of AI
The White House on Thursday will host its first gathering of chief executives of companies building artificial intelligence since a boom in A.I.-powered chatbots has prompted growing calls to regulate […]
A ‘Rocky and Bumpy’ Economy Where Wages Are Up and Inflation Persists
Inflation isn’t as high as it was last year. The job market isn’t as hot. The economy is slowing down. But none of this is happening as quickly or as […]
Wages and Prices Could Show a Cool-Down Before a Fed Meeting
Government data on Friday will provide one final update on inflation, spending and wages before the Federal Reserve’s interest rate decision next week.Forecasters expect data from the Labor Department to […]
Biden’s Semiconductor Plan Flexes the Power of the Federal Government
WASHINGTON — Semiconductor manufacturers seeking a slice of nearly $40 billion in new federal subsidies will need to ensure affordable child care for their workers, limit stock buybacks and share […]