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US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
Bringing manufacturing back to the US is a $10 trillion opportunity for the economy, Morgan Stanley says
Bringing industrial production back to the US could restore growth to the manufacturing sector afte…
Jennifer Sor
In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
Intel CEO addresses employee concerns on US election impact on CHIPS Act funding, emphasizing bipar…
Helen Li
Urge India to reconsider PC import restrictions: Top industry groups ask US govt
Top industry groups and tech giants, including Apple and Intel, have sent a letter to the US Depart…
TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.
TSMC and other chipmakers are barred from doing business with Huawei without exemptions from the US…
Huileng Tan,Beatrice Nolan
A key US consumer indicator has dipped to 'crisis levels,' SocGen says
The US personal savings rate has dropped below 3%, a level historically associated with recessions,…
Jennifer Sor
India offers USD 500 billion investment opportunities in clean energy, green hydrogen and EV by 2030
India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy…
PTI
India and the US agree to step up cooperation on semiconductors, critical minerals
India and the US have agreed to closer engagement and cooperation on supply chain, semiconductors a…
ANI
US economy expands 2.9 per cent in December quarter
"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal …
ANI
China is still getting its hands on US chips — and striking back too
The US has tried to slow China's AI rollout with tough export controls, but China is managing to sk…
Hasan Chowdhury
Trump's stance on Taiwan could be devastating for the US economy
Former President Donald Trump could upend the long-standing diplomatic relationship between the US …
John L. Dorman
After flat opening to market, Sensex breaches 79,000-mark for first time; Nifty hits new lifetime high
The stock market has hit news heights, with Sensex breaching the 79,000-mark for first time and N…
ANI
The Fed will only cut rates once this year because the US economy is too strong, market vet says
Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yarde…
Jennifer Sor
Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE
GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.
Jennifer Sor
Russia's trade with the US plummets to a 3-decade low while its commerce with China surges past $200 billion
The value of trade between Russia and the US totaled $277.3 million in July – the lowest sinc…
Zahra Tayeb
The US is about to introduce a new rule to clamp down on AI chip equipment exports to China, Reuters reports
The Biden Administration is preparing to announce a new rule that will give the US powers to block …
Beatrice Nolan
US sanctions have tanked Russian semi-chip imports from China and Hong Kong, new data shows
Semiconductor exports shipped through China and Hong Kong have dropped as much as 28% in the first …
Filip De Mott
Navy commander who oversaw carrier strike group in Red Sea says US command rejected suggestions to hit the Houthis harder over concerns about Iran
"Those are things I don't dabble in," said Rear Adm. Marc Miguez, saying US leaders were considerin…
Matthew Loh
The US is building more homes than it has in 16 years and it could finally be the break buyers need
Residential construction soared to an annual rate of 1.79 million units in March, beating economist…
Ben Winck
US Navy warships are stuck in a Red Sea battle they can't fight forever
American forces have expended a large amount of munitions battling the Houthis, and the conflict do…