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Rocket Lab Expands U.S. Investments for Semiconductor Manufacturing

Rocket Lab Expands U.S. Investments for Semiconductor Manufacturing

LONG BEACH, California — Rocket Lab USA, Inc. announced on August 22, 2025, plans to significantly expand its U.S. semiconductor manufacturing capabilities. This expansion, supported by a $23.9 million grant from the U.S. Department of Commerce...

U.S. Mint Coin Production Doubles in July Despite Few Pennies Struck

CoinNews photo of a 2025 Lincoln Cent The United States Mint’s coin production picked up in July, more than doubling June’s output, despite pennies being struck in very limited quantities. The low cent total stood out against the sharp overall...

U.S. could take stakes in more companies, Trump adviser says

U.S. could take stakes in more companies, Trump adviser says

The U.S. government could take equity stakes in more companies going forward, potentially through an American sovereign wealth fund, according to one of President Donald Trump's top economic advisers. National Economic Council Director Kevin...

U.S. Buys 10% Stake in Intel in $8.9 Billion Deal

U.S. Buys 10% Stake in Intel in $8.9 Billion Deal

The U.S. government has taken an unprecedented step into the private sector by purchasing a 10% ownership stake in Intel, the country’s largest semiconductor manufacturer. Commerce Secretary Howard Lutnick confirmed the $8.9 billion deal on...

U.S. National Guard troops start carrying weapons in Washington, D.C.

U.S. National Guard troops start carrying weapons in Washington, D.C.

Some National Guard units patrolling the nation’s capital at the direction of U.S. President Donald Trump have started carrying firearms, an escalation of his military deployment that makes good on a directive issued late last week by his defence...

U.S. Plastics Pact Welcomes Four New Members to Board of Directors

WALPOLE, N.H.--(BUSINESS WIRE)--Aug 25, 2025-- The U.S. Plastics Pact (USPP) announces the addition of four new members to its Board of Directors: Steve Alexander, President & CEO, Association of Plastic Recyclers (APR) John Garnett, Senior Vice...

U.S. takes 10% stake in Intel in landmark deal

U.S. takes 10% stake in Intel in landmark deal

In sum – what to know: Historic investment in Intel– The U.S. government is acquiring a 10% stake in Intel via an $8.9 billion deal, plus prior CHIPS grants, bringing the total federal support to $11.1 billion. Largest shareholder – Washington...

From crayons to laptops, tariffs push U.S. school expenses higher

From crayons to laptops, tariffs push U.S. school expenses higher

As students across the United States head back to school, families are dealing with widespread price hikes on everything from supplies and clothing to cafeteria meals, electronics, and transportation. U.S. President Donald Trump seems to have...

Korea Inc. heavyweights head to U.S. with trade deal central to presidential summit

Korea Inc. heavyweights head to U.S. with trade deal central to presidential summit

Published: 25 Aug. 2025, 17:33 Updated: 25 Aug. 2025, 17:36 Samsung Electronics Executive Chairman Lee Jae-yong departs for the United States from Seoul Gimpo Business Aviation Center in Gangseo District, western Seoul, on Aug. 24. [NEWS1] More...

Swiss Watch Exports To U.S. Surge Ahead Of 39% Tariff

Swiss Watch Exports To U.S. Surge Ahead Of 39% Tariff

Swiss watch brands will take a beating from Trump's latest tariff. Carol Besler The roller coaster ride of Swiss watch exports to the U.S. continues, with a new tariff threat that could hammer the once flourishing luxury watch market. Exports of...

Europe's Economy Is Stagnating as the U.S. Grows Richer. It Doesn't Have To Be This Way.

Europe's Economy Is Stagnating as the U.S. Grows Richer. It Doesn't Have To Be This Way.

It's not hard to see why Europeans often feel a sense of superiority over Americans. No European city has an area as dangerous or decrepit as San Francisco's Tenderloin district. Some Americans obsess about Europe's supposedly no-go areas, but no...

The U.S. May Just Get Euro-Spec Cars Out Of Proposed EU Trade Deal

The U.S. May Just Get Euro-Spec Cars Out Of Proposed EU Trade Deal

Happy Monday! It's August 25, 2025, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, in one place. This is where you'll find the most important stories that are shaping the way Americans...

U.S. Equities Rally as Powell Hints at Interest Rate Cuts

U.S. Equities Rally as Powell Hints at Interest Rate Cuts

NEW YORK, NY – U.S. equities exhibited strong gains at midday on Wednesday following comments from Federal Reserve Chair Jerome Powell, who suggested that interest rate cuts may be on the horizon. Major indexes, including the S&P 500, increased by...

State Capitalism: Is the U.S. imitating China?

Bill Sims Contributing columnist A good place to start is to define “State Capitalism.” Definitions of this political-economic concept are somewhat elastic, but the gamut goes something like this. On one extreme, it’s defined as “an economic...

Blow to Kenya as U.S. Suspends Key Vaccine

Blow to Kenya as U.S. Suspends Key Vaccine

The war against the chikungunya virus that claims lives, which is dominant along the country’s coastal towns, has suffered a setback after the U.S. Food and Drug Administration (FDA) suspended the license for its vaccine, Ixchiq, with immediate...

5 Private Intel Investors Get Shafted As The U.S. Takes 10%

5 Private Intel Investors Get Shafted As The U.S. Takes 10%

The biggest private investors in Intel (INTC) are now second fiddle. The U.S. took a 10% stake in the troubled chipmaker — hoping to shore up a viable U.S.-based semiconductor manufacturer. The investment makes the U.S. government the largest...

Avenacy Announces Launch of Lidocaine Hydrochloride Injection, USP in the U.S. Market

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Aug 25, 2025-- Avenacy, a specialty pharmaceutical company focused on supplying critical injectable medications, today announced the launch of their first Lidocaine Hydrochloride Injection, USP in the United...

Forbes Daily: The U.S. Takes Unusual $10 Billion Tech Stake In Intel

Forbes Daily: The U.S. Takes Unusual $10 Billion Tech Stake In Intel

As Federal Reserve Chair Jerome Powell signaled long-awaited rate cuts could be coming, the world’s wealthiest became even richer. Powell’s comments at the central bank’s symposium in Jackson Hole, Wyoming spurred a broader stock market rally, as...

Nvidia CEO Praises TSMC Amid U.S. Tech Investments

Nvidia CEO Praises TSMC Amid U.S. Tech Investments

Taipei, Taiwan — Nvidia Corp. CEO Jensen Huang visited Taiwan on Friday and expressed strong support for Taiwan Semiconductor Manufacturing Company (TSMC), calling it “one of the greatest companies in the history of humanity.” Huang remarked that...

U.S. Invests $11.1B in Intel for Domestic Chip Production

U.S. Invests $11.1B in Intel for Domestic Chip Production

The Trump administration has allocated $11.1 billion in federal grants and loans to Intel Corporation to bolster domestic semiconductor manufacturing. The financial aid, reported by the Associated Press, is structured to give the U.S. government a...

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