Trump has been touting TSMC’s $100 billion plan to build new factories in the US as a strategic win. But former Intel CEO Pat Gelsinger suggests the investment is merely a facade that masks the US’ ongoing chip-making shortfalls. Taiwanese chip giant TSMC says it will invest $165 billion to construct six new fabs in
The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided important relief for farm families. While reductions in the corporate income tax rates were made permanent in 2017, income tax
Hyderabad: Former Telangana minister K.T. Rama Rao (KTR) found himself at the centre of a social media storm after claiming credit for BYD’s potential $10 billion investment in the state. Citing the BRS government’s EV & ESS policy and their 2022-23 negotiations, he hailed it as the “fruition of a long-term plan.” But netizens weren’t
Investment word of the day: Most investors track their investments’ performance to determine whether their strategies are achieving the desired results. Along with aligning with personal financial goals, checking an investment’s performance helps understand its relative performance to the benchmark index. One key measure to check this is alpha. What is alpha? Alpha, a technical
We got an early look at the balance of trade Thursday morning. Imports in February were more or less flat after surging in January, according to the U.S. Census Bureau. Meanwhile, exports picked up. All in all, the trade deficit shrank a little from the previous month. But that gap between imports and exports is just about the
The development of Jumeirah Village Circle (JVC) in Dubai is turning it into a hot cake for investors, especially those from the US who are looking for good business in real estate. Nakheel created this affordable housing project with everything a family needs that combines low cost, favorable geographical position, and a developing community that
1 / 6 Show Caption + Hide Caption – Renovations to a roof in the Pope Army Airfield’s Hilcrest neighborhood is part of the Homestead Project, a $91 million investment secured through refinancing to enhance on-post family housing.The project includes renovations for more than 1,000 homes, with over 400 homes undergoing full upgrades to increase
Investment scammers stole more than £56 million of savers’ cash in the first six months of 2024 by tricking consumers into believing they were investing in schemes run by genuine financial professionals. From social media campaigns on platforms such as Facebook blazoned with fake celebrity endorsements to unsolicited texts and emails offering opportunities to grow
HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in a sign of how the bank is taking a more ruthless approach to costs under new chief executive Georges Elhedery. The London-based lender told staff in its UK investment banking
In a recent Baltimore Sun guest commentary entitled “Who’s to blame for Maryland’s rising utility bills,” Paul Pinsky, director of the Maryland Energy Association, writes about energy costs and lays blame for rising rates on Columbia Gas of Maryland’s pipeline replacement program, which is critical to the safety of our natural gas distribution system. To