The White House is seeking to renegotiate CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects awarded under the 2022 law, meant to boost American domestic semiconductor output with
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When Donald Trump first won the presidency, Corey Lewandowski, his former campaign manager, angled for a senior position inside the White House, only to settle for an outside job as a political consultant. Eight years later, Lewandowksi set his sights lower. He lobbied to be named chief of staff to Kristi Noem, the incoming secretary
close video Steve Moore hopes Trump tariffs are temporary and not full-time Economist Steve Moore and former member of White House Council of Economic advisors Tomas Philipson discuss President Donald Trumps tariffs on foreign countries on The Bottom Line. OTTAWA – Canada is responding to President Donald Trump’s 25% tariffs imposed on Saturday against its
close video Scott Bessent addresses Musks influence on US Treasury amid Dem squawking U.S. Treasury Secretary Scott Bessent addresses President Donald Trump’s economic and fiscal goals during his first interview on ‘Kudlow’ since joining the administration. Since billionaire Elon Musk joined forces with President Donald Trump to head the Department of Government Efficiency (DOGE), various
Protests took place across the U.S. Wednesday as President Trump, Elon Musk and their associates intensified their attempts to dismantle a fast-growing number of government agencies. Thousands rallied on Capitol Hill to demand Congress protect federal agencies. This is Francisco Bencosme, former China policy lead at USAID .
close video Sam Altman: AI is a ‘scientific achievement of humanity’ that will be embedded in everything OpenAI CEO Sam Altman and Anduril Industries co-founder and CEO Brian Schimpf discuss the future of A.I. and the ethical use of technology on ‘Making Money.’ OpenAI CEO Sam Altman predicts that artificial general intelligence will lead to
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
close video Steve Moore hopes Trump tariffs are temporary and not full-time Economist Steve Moore and former member of White House Council of Economic advisors Tomas Philipson discuss President Donald Trumps tariffs on foreign countries on The Bottom Line. Canada and Mexico each announced tariffs on U.S. imports on Saturday in retaliation for U.S. President
Google will reportedly scrap its diversity hiring targets and review some of the tech giant’s DEI initiatives — becoming the latest major company to walk back the controversial initiatives. Alphabet’s annual filing with the SEC on Wednesday showed it omitted a line saying it was “committed to making diversity, equity and inclusion part of everything
close video Rep. Nancy Mace responds to backlash over transgender resolution Rep. Nancy Mace, R-S.C., tells ‘The Evening Edit’ how she pushed back against reporters in defense of her resolution that would bar men who identify as women from using women’s bathrooms on Capitol Hill. The Department of Government Efficiency (DOGE) announced Wednesday that the
close video Trump says national debt could be smaller than thought because of fraud President Donald Trump suggested that the administration and Elon Musk’s efficiency team found irregularities at the Treasury Department that could mean the U.S. government’s more than $36 trillion debt isn’t that high. President Donald Trump said Sunday that the U.S. national debt
close video Canada is playing ball with Trump: Kevin OLeary O’Leary Ventures Chairman Kevin O’Leary shares whether he’s concerned about President Donald Trump’s tariffs on steel and aluminum, the fate of the U.S. penny and the handling of the TikTok sale. President Donald Trump is seeking to end production of new pennies and recently told
close video Top investor keeping an eye on Amazon, Target stocks Smart Trade Pro co-founder D.R. Barton says Amazon plays a large role in the AI game and that Target is having a ‘rebound.’ Amazon has increased its ad spending on X, which is owned by Elon Musk, more than a year after it removed
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Wall Street banks on Wednesday sold billions of dollars in X debt holdings thanks to a surge in investor interest as the social network adds big advertisers and Elon Musk gains clout in Washington, according to a report. Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022,
Amazoninvestors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon’s shares fell as much as 5% in extended trade after the fourth-quarter earnings report, erasing about $90 billion worth of stock market value, and were last down about 4.2%. AmazonChief
The crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano, reported Santiment on Feb. 11. It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less
close video Elon Musk: It’s not optional but essential to cut federal spending President Donald Trump and Elon Musk unpack the goal of the Department of Government Efficiency live from the Oval Office. Billionaire Elon Musk on Tuesday claimed that a cursory review of Social Security records by the Department of Government Efficiency (DOGE) found evidence
close video Terrifying audio captures moment American Airlines plane, military helicopter crash near DC Aviation expert Captain Mike Coffield breaks down the response process and investigation following a midair collision between a regional airline jet and an Army Black Hawk helicopter. President Donald Trump said Thursday that the White House, in coordination with American Airlines,
WALHALLA, S.C. Nestled in the foothills of the Blue Ridge Mountains, a small primary care clinic run by Clemson University draws patients from across the region. Many are Hispanic and uninsured, and some are willing to travel from other counties, bypassing closer health care providers, just to be seen by Michelle Deem, the clinics bilingual
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