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Chip Makers Turn Cutthroat in Fight for Share of Federal Money

Commerce Secretary Gina Raimondo told reporters on Wednesday that the goal was to create “at least two” new clusters of manufacturing capacity for leading-edge chips, in addition to facilities producing […]




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How Arizona Is Positioning Itself for $52 Billion to the Chips Industry

In recent weeks, Gina Raimondo, the commerce secretary, has talked with Senator Mark Kelly of Arizona, spent time with the president of Arizona State University and appeared at a conference […]




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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

“Resilience is a good thing in many ways, but it’s also something that makes things harder for the Federal Reserve and it hardens their resolve,” said Diane Swonk, chief economist […]




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The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: […]




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Retail Sales Fell in November, Despite Black Friday

Retail sales fell in November, with spending on even traditionally popular gift categories like clothing and sporting goods declining, a sign that high prices for necessities like food are affecting […]




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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows

Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown. Read More







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U.S. Economy Weaker Than Thought in Year’s First Half, by One Measure

A key measure of U.S. economic output grew more slowly in the first half of the year than previously believed, government data released Thursday showed.Gross domestic income, adjusted for inflation, […]




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U.S. Economy Shows Another Decline, Fanning Recession Fears

A key measure of economic output fell for the second straight quarter, raising fears that the United States could be entering a recession — or perhaps that one had already […]




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Biden to Pause New Solar Tariffs as White House Aims to Boost Adoption

WASHINGTON — The Biden administration on Monday announced a two-year pause on imposing any new tariffs on the solar industry, a decision that follows an outcry from importers who have […]