The US Treasury building in Washington, DC, US, on Monday, Jan. 27, 2025. Stefani Reynolds | Bloomberg | Getty Images The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting requirements for millions of […]
CNBC News
Trump announces $100 billion investment in U.S. from Taiwan Semiconductor, calls it ‘most powerful company in the world’
Taiwan Semiconductor Manufacturing will pour another $100 billion into bolstering chip manufacturing in the U.S. President Donald Trump announced the investment during a press conference Monday, calling it a “tremendous move by the most powerful company in the world.” The new capital brings Taiwan Semi’s total investment in the U.S. […]
Inflation will move toward 2% target, but risks to outlook are rising, says Fed’s Musalem
Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New York, in New York City, U.S., Feb. 20, 2025. Brendan McDermid | Reuters WASHINGTON — The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto […]
Watch live: Trump expected to announce $100 billion investment in U.S. by TSMC
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is expected on Monday to formally announce a planned $100 billion investment in the U.S. by chip manufacturer Taiwan Semiconductor Manufacturing Company. […]
Why foreign retailers like Primark and Mango are expanding across the U.S.
ELMHURST, NY — One of the newest additions to Queens Center is a store that many local mallgoers may not recognize. Along with well-known mall staples like Macy’s, American Eagle and Bath & Body Works, the shopping center is now home to a Primark. The Ireland-based discount retailer, which sells […]
Serena Williams joins WNBA ownership group in Toronto
Serena Williams, one of sport’s greatest champions, joins Canada’s first WNBA team as a managing partner. CNW Group | Toronto Tempo Tennis superstar Serena Williams is continuing her investment in women’s sports with a new ownership stake in the Women’s National Basketball Association’s Toronto Tempo, the team announced Monday. The […]
Taiwan Semiconductor to announce $100-billion investment in U.S. chip manufacturing plants
President Donald Trump is expected to announce a $100 billion investment from Taiwan Semiconductor Manufacturing to bolster chip manufacturing over the next four years in the U.S, NBC has learned. The Wall Street Journal first reported the news. TSMC, which supplies semiconductors to the likes of Nvidia and Apple for […]
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Jaque Silva | Nurphoto | Getty Images Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC. The $3.5 billion round was led by Lightspeed Venture Partners, and other investors included Salesforce Ventures, Cisco Investments, Fidelity Management & Research Co., General […]
Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says
President Donald Trump’s tariffs on Canada will raise energy prices for U.S. consumers if the levies go into effect on Tuesday as expected, the country’s energy minister said Monday. Jonathan Wilkinson, Canada’s minister of energy and natural resources, said the tariffs will cause economic pain in the U.S. and Canada, […]
‘What Europe needs is a DOGE,’ Deutsche Telekom CEO says in impassioned plea for deregulation
Deutsche Telekom CEO Tim Hottges speaks during Mobile World Congress, the world’s biggest mobile fair, in Barcelona on March 3, 2025. Lluis Gene | Afp | Getty Images BARCELONA — Europe needs its own version of Elon Musk‘s so-called Department of Government Efficiency, Deutsche Telekom CEO Tim Höttges said Monday […]