Fed’s Goolsbee explains vote against rate cut, says central bank should have waited

Fed’s Goolsbee explains vote against rate cut, says central bank should have waited

Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025.  Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited…

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Chipmakers get bigger tax credits in Trump’s latest big beautiful bill

Chipmakers get bigger tax credits in Trump’s latest big beautiful bill

William_potter | Istock | Getty Images The latest version of U.S. President Donald Trump’s “big beautiful bill” could make it cheaper for semiconductor manufacturers to build plants in the U.S. as Washington continues its efforts to strengthen its domestic chip supply chain. Under the bill, passed by the Senate Tuesday, tax credits for those semiconductor…

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