Hacker News with Generative AI: US Economy

US Treasury to stop producing pennies next year (bbc.com)
One cent coins will stop being produced in the US next year, the Treasury Department has confirmed.

Finance, US Economy, Coins, Currency

32 points by DarkContinent 17 hours ago | 20 comments

The US Treasury just shocked Americans with a $258B surplus (yahoo.com)
Budget deficits are something we’ve come to expect from Uncle Sam. After all, without years of overspending, the federal government wouldn’t be sitting on trillions of dollars in debt. But, the latest monthly Treasury statement delivered a rare — and welcome — surprise.

US Economy, Finance, Government Spending, Budget

7 points by harambae 2 days ago | 2 comments

The secretive US factory that lays bare the contradiction in America First plan (bbc.com)
Among the cactuses in the desert of Arizona, just outside Phoenix, an extraordinary collection of buildings is emerging that will shape the future of the global economy and the world.

Manufacturing, Politics, US Economy, Globalization, Arizona

6 points by ranit 4 days ago | 1 comments

FERC: Solar and wind made up 98% of new US power generating capacity in Q1 2025 (electrek.co)
Solar and wind accounted for almost 98% of new US electrical generating capacity added in Q1 2025, according to new Federal Energy Regulatory Commission (FERC) data reviewed by the SUN DAY Campaign.

Renewable Energy, Solar Energy, Wind Energy, Energy Industry, US Economy

4 points by toomuchtodo 8 days ago | 1 comments

How the United States Gave Up Being a Science Superpower (steveblank.com)
US global dominance in science was no accident, but a product of a far-seeing partnership between public and private sectors to boost innovation and economic growth.

Science, Innovation, US Economy, Public-Private Partnerships

86 points by enescakir 10 days ago | 38 comments

US Manufacturing Activity Shrinks by the Most Since November (bloomberg.com)
US manufacturing activity shrank in April by the most in five months as lean order books and the repercussions from tariffs prompted the steepest output contraction since 2020.

Manufacturing, Economics, US Economy

13 points by JumpCrisscross 22 days ago | 0 comments

DHL suspends high value US deliveries (bbc.com)
DHL Express is suspending deliveries to the US worth more than $800 (£603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime.

Logistics, Trade, Politics, US Economy

10 points by thm 32 days ago | 0 comments

White House confirms 245% tariff on some Chinese imports not a typo (theregister.com)
World War Fee No, it wasn't a typo. Some Chinese imports are indeed subject to a 245 percent tariff in the United States.

Trade, China, Politics, US Economy

10 points by rntn 36 days ago | 1 comments

Why It's Impossible for Most Small Businesses to Manufacture in the US (wired.com)
Dallas-based small business owner Allen Walton says he just sold out of one of his products, a surveillance camera used by law enforcement and private detectives.

Manufacturing, Small Businesses, US Economy, Supply Chain

15 points by viewtransform 39 days ago | 2 comments

The Downfall of King Dollar (newstatesman.com)
In the era of Trump’s tariff war, the sources of American economic hegemony will also contain its undoing.

Economics, Politics, US Economy

22 points by howard941 41 days ago | 0 comments

France suggests targeting Big Tech's data use in response to US tariffs (politico.eu)
French Economy and Finance Minister Eric Lombard has suggested striking back against U.S. President Donald Trump's tariffs broadside by more strictly regulating U.S. Big Tech's use of data.

France, Big Tech, Data Privacy, Trade Policy, US Economy

18 points by giuliomagnifico 47 days ago | 3 comments

TSMC's US builds won't make America great at chips again, says Gelsinger (theregister.com)
Intel ex-CEO Pat Gelsinger has thrown shade on Taiwanese chipmaker TSMC's plans to build fabrication plants in the USA, saying the factories will do nothing to advance American semiconductor leadership.

Semiconductors, Technology, US Economy, Taiwan, Manufacturing

35 points by markus_zhang 56 days ago | 58 comments

US CHIPS Act Office Loses Two-Fifths of Staff to Trump Purge (bloomberg.com)
The US government office responsible for a marquee $52 billion chip subsidy program will lose about two-fifths of its staff as President Donald Trump slashes the federal workforce, according to people familiar with the matter.

Politics, Government, Semiconductors, US Economy, Employment

9 points by gnabgib 81 days ago | 1 comments

Coastal Economies Rely on NOAA, from Maine to Florida, Texas and Alaska (theconversation.com)
Healthy coastal ecosystems play crucial roles in the U.S. economy, from supporting multibillion-dollar fisheries and tourism industries to protecting coastlines from storms.

Coastal Economies, NOAA, Climate Change, Environment, US Economy

13 points by rntn 83 days ago | 3 comments

The US cannot extract much more oil if the price keeps falling (elpais.com)
Since his return to the White House, Donald Trump has started off his second term with high energy levels.

Oil Prices, Politics, US Economy

8 points by geox 104 days ago | 1 comments

China hits back at Trump with Google probe (bloomberg.com)
China retaliated to Donald Trump’s opening trade war tariffs by targeting a handful of American companies and slapping levies on some US goods, in a move seemingly designed to avoid escalating tensions between the world’s biggest economies.

China, Trade Wars, Politics, International Relations, US Economy

9 points by dlx 109 days ago | 2 comments

US exceptionalism remains our dominant global investment theme moving into 2025 [pdf] (widen.net)

US Economy, Investing, Global Trends, 2025

4 points by wslh 112 days ago | 0 comments

Tech unemployment in the US drops to lowest level in more than two years (computerworld.com)
Tech hiring rose in December, dropping the IT unemployment rate to 2% — its lowest since November 2023, according to an analysis of the latest jobs data published today by the US Bureau of Labor statistics (BLS). The overall national unemployment rate held steady at 4.1%, according to the BLS.

Tech, Unemployment, US Economy, Job Market

11 points by jarsin 125 days ago | 9 comments

US Debt Clock (usdebtclock.org)

US Economy, Government Finances, Debt

13 points by behnamoh 125 days ago | 8 comments

TSMC's Arizona chip production yields surpass Taiwan's in win for U.S. push (fortune.com)
Taiwan Semiconductor Manufacturing Co. has achieved early production yields at its first plant in Arizona that surpass similar factories back home, a significant breakthrough for a U.S. expansion project initially dogged by delays and worker strife.

Arizona, Chip Manufacturing, US Economy, Technology

12 points by mgh2 210 days ago | 3 comments

US Interest Burden Hits 28-Year High (bloomberg.com)
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating the risk that fiscal worries limit the policy options for the next administration in Washington.

US Economy, Finance, Debt, Government Spending

17 points by xqcgrek2 216 days ago | 8 comments

The 1963 Ford Cardinal–too radical for America at the time (arstechnica.com)
Between 100 percent tariffs and now an impending ban on software, it's clear that America's auto industry is more than a little worried about having its lunch eaten by heavily subsidized Chinese car makers. But it's far from the first time that the suits in Detroit have seen storm clouds arriving from far-off lands.

Cars, History, US Economy

7 points by bookofjoe 235 days ago | 2 comments

US East and Gulf coast ports face shutdown as union announces intent to strike (gcaptain.com)
Essential news coupled with the finest maritime content sourced from across the globe.

Labor Unions, Maritime Industry, Shipping, Transportation, US Economy

38 points by casefields 236 days ago | 100 comments

China Conquers Mexico's Automotive Market, and the US Is Worried (wired.com)

China, Mexico, Automotive Industry, International Trade, US Economy

6 points by bookofjoe 266 days ago | 1 comments

Intel Layoffs: Is Future U.S. Chip Independence in Trouble (ieee.org)

Intel, Layoffs, Semiconductor Industry, US Economy, Politics

62 points by rbanffy 270 days ago | 117 comments

US employment falls by 818,000 in latest government revision (yahoo.com)