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US companies are finding China increasingly 'uninvestible', commerce secretary Gina Raimondo says
"Increasingly I hear from businesses, China is uninvestible because it's become too risky," Raimond…
Joseph Wilkins
The US would face a 'deep and immediate recession' if made-in-Taiwan chips were cut off, US commerce secretary says
Although many of the chips the US uses are designed at home, the country purchases 90% of leading-e…
Huileng Tan
Attorney General Merrick Garland has tested positive for COVID-19
Garland requested a COVID test after learning of his possible exposure.
C. Ryan Barber
Biden wants to address the housing shortage. He just called a White House meeting with builders and labor unions.
The housing shortage in the US is causing home prices to surge, diminishing the possibility of home…
Ayelet Sheffey
'Men have done much better,' Biden's Commerce Secretary says as the share of women in the workforce hits a 30-year low
Gina Raimondo said the government should invest in caregiving as infrastructure, just like roads, b…
Ayelet Sheffey
Many retail jobs that disappeared during the pandemic might not return, says commerce secretary
Commerce Secretary Gina Raimondo on Thursday said many of the retail and service industry jobs that…
Kevin Shalvey
Surging lumber costs have increased the average cost of a new house by $24,000
After the pandemic shut down a large number of lumber mills in 2020, prices have jumped nearly 200%…
Ayelet Sheffey
Here's who Biden has chosen for his heads of labor, commerce, and small business agencies
Gina Raimondo, Marty Walsh, and Isabel Guzman have been named as the president-elect's heads of lab…
Grace Dean
Biden wants to ban Chinese tech in cars over national security fears
The US Department of Commerce has proposed a ban on Chinese and Russian tech in internet-connected …
Tom Carter
Harris' Uber executive brother-in-law says he won't join her cabinet. Other business leaders still have a shot.
Tony West, an Uber exec and Harris' brother-in-law, said he won't serve in her cabinet, but other b…
Alice Tecotzky
Why Intel is still so important: Real countries have fabs
Intel is the only US company that knows how to make cutting-edge semiconductors. Without this, Amer…
Alistair Barr
America is ready to go big on AI infrastructure
A new, $30 billion fund from Microsoft and BlackRock, as well as a government task force, aim to ta…
Hasan Chowdhury
Russia thanks Western sanctions for helping it avoid the CrowdStrike IT outage
An IT outage linked to CrowdStrike disrupted flights, banks, and media outlets across the globe. Ru…
Cameron Manley
Biden is worried China will use its cars to spy on Americans
President Joe Biden is worried that China will use its cars to spy on Americans — and that it…
Grace Eliza Goodwin
Microsoft really blew it, says government report on Chinese hacks
A new government report points to a 'cascade' of errors in Microsoft's security that led to last su…
Grace Eliza Goodwin
Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports
Piyush Goyal visited Tesla's manufacturing facility in California's Fremont.
ANI
Prominent Biden loyalists who have suggested he should step down
After a disastrous debate performance, Democratic strategists and commentators have called on the p…
Alice Tecotzky
American companies are losing their faith in China, survey finds
Just 52% of US firms are optimistic about the outlook for business in China, the American Chamber o…
Joseph Wilkins
Nvidia falls to lead chip stocks lower as US clamps down on key AI exports to China
Nvidia fell as much as 6%, with Intel, AMD, and other chip names also dropping Tuesday after the US…
Phil Rosen
China's Huawei borrowed a trick from its rival Apple by designing its own processors for new superfast smartphone, report says
Huawei's use of its own designs for processors in the new Mate 60 Pro phone suggests it can impleme…