Hacker News with Generative AI: US Economy

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 6 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 30 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 32 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 53 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 58 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 61 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 74 days ago | 9 comments

US Debt Clock (usdebtclock.org)

US Economy, Government Finances, Debt

13 points by behnamoh 74 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 159 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 165 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 184 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 185 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 215 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 219 days ago | 117 comments

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