Daniel Flatley
China Bill to Include $52 Billion for U.S. Chip Manufacturing
A 300 millimeter silicon wafer in the clean rooms at the Globalfoundries fabrication plant in Dresden, Germany. (Liesa Johannssen-Koppitz/Bloomberg News)
The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.
May 18, 2021Biden Unlikely to Quickly Unwind China Tariffs, Democrat Ally Says
President-elect Joe Biden speaks about economic recovery in Wilmington, Del., on Nov. 16. (Andrew Harnik/Associated Press)
President-elect Joe Biden isn’t likely to quickly unwind the tariffs President Donald Trump has imposed on Chinese imports, said Delaware Senator Chris Coons, a close ally of the incoming leader.
November 20, 2020Pentagon Might Obtain Self-Driving Vehicles First
BAE Systems
Forget Uber, Waymo and Tesla: The next big name in self-driving vehicles could be the Pentagon.
April 30, 2018Consumer Comfort Reaches Seven-Week High on US Economic Views
ittleny/Getty Images
Americans last week started feeling much more confident about the economy, pushing the Bloomberg News Consumer Comfort Index to a seven-week high and partly reversing an early-summer slump, figures released Aug. 3 showed.
August 3, 2017Weaker Prospects for Incomes Weigh on US Consumer Sentiment
Daniel Acker/Bloomberg News
Less enthusiasm about prospects for the U.S. economy and personal finances sent consumer sentiment to a nine-month low in July, survey data from the University of Michigan showed July 28.
July 28, 2017Americans’ Economic Expectations Decline to an Eight-Month Low
MagMos
Americans’ expectations about the economy deteriorated in July to an eight-month low as fewer households viewed conditions as improving, according to figures from the Bloomberg Consumer Comfort Index released July 20.
July 20, 2017Americans' Views of Economy Dim in Weekly Consumer Comfort Gauge
Diueine Monteiro/Flickr
Americans’ perceptions about the economy took a big step back last week even as their views about their own finances and the buying climate stabilized, Bloomberg Consumer Comfort Index figures showed June 6.
July 6, 2017Consumer Confidence Unexpectedly Rises
An unexpected rebound in U.S. consumer confidence reflects a buoyant labor market and improved business conditions.
June 28, 2017