Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds: Reuters

Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds: Reuters

U.S. Commerce Secretary is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding. Andrew Harnik | Getty Images News | Getty Images U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said. Expanding on a plan…

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Tariffs are a wrinkle in back-to-school shopping. That’s why we like these 3 retail stocks

Tariffs are a wrinkle in back-to-school shopping. That’s why we like these 3 retail stocks

The back-to-shopping season, a crucial time of the year for retailers, is being muddied by tariffs and budget-conscious consumers. That backdrop has forced retailers to get creative to protect margins while shoppers hunt for deals on clothes, dorm-room decor and more. Tariffs are front and center. Just over half of respondents to UBS’s back-to-school survey…

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Stock market today: Live updates

Stock market today: Live updates

Longer-dated fixed-income yields at risk of rising, Capital Economics says Long-dated government bonds of 10 years or more “have been under serious pressure at times this year,” thanks to waning demand from traditional buyers, “we doubt it’s coming back,” Capital Economics head of markets for Asia-Pacific Thomas Mathews wrote Tuesday. The problem is that central…

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Wyoming launches the first state-issued stablecoin: CNBC Crypto World

Wyoming launches the first state-issued stablecoin: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin and altcoins slump as tech stocks pull back. Plus, Wyoming launches the Frontier Stable Token, the first state-backed stablecoin. And, Rep. Brian Steil (R-Wisconsin) discusses the next crypto legislative priorities for Congress. <

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