Biden signs bill to boost US chip manufacturing to better compete with China

Biden signs bill to boost US chip manufacturing to better compete with China

Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.

Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.

Gas prices drop amid wavering consumer demand, AAA says

Gas prices drop amid wavering consumer demand, AAA says

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

New crypto oversight legislation arrives as industry shakes

New crypto oversight legislation arrives as industry shakes

Crypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.

Crypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.

BP earnings triple to $8.5 billion as prices soared during Russia-Ukraine war

BP earnings triple to $8.5 billion as prices soared during Russia-Ukraine war

The good news for the London-based BP was bad news for consumers, as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world.

The good news for the London-based BP was bad news for consumers, as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world.

Ice cream trucks aren't a thing of the past — but competition is stiff

Ice cream trucks aren't a thing of the past — but competition is stiff

Ice cream trucks are changing their strategies as they struggle for sales in a much more crowded marketplace, especially with third-party delivery services.

Ice cream trucks are changing their strategies as they struggle for sales in a much more crowded marketplace, especially with third-party delivery services.

Gun makers made over $1B from selling AR-15-style guns over past decade, report finds

Gun makers made over $1B from selling AR-15-style guns over past decade, report finds

Firearm company CEOs testified at a congressional hearing that their products are legal and they are horrified by violence but guns themselves aren't to blame.

Firearm company CEOs testified at a congressional hearing that their products are legal and they are horrified by violence but guns themselves aren't to blame.

Spirit, Frontier abandon merger bid, paving way for JetBlue deal

Spirit, Frontier abandon merger bid, paving way for JetBlue deal

The Frontier offer was worth more than $2.6 billion in cash and stock, far short of JetBlue's all-cash bid of $3.7 billion.

The Frontier offer was worth more than $2.6 billion in cash and stock, far short of JetBlue's all-cash bid of $3.7 billion.

Biden confirms he’ll make student loans decision by end of August

Biden confirms he’ll make student loans decision by end of August

In an exchange with reporters, President Joe Biden confirmed he will soon make a decision on student loans. Here are the choices he is weighing.

In an exchange with reporters, President Joe Biden confirmed he will soon make a decision on student loans. Here are the choices he is weighing.

Many borrowers took out student loans anticipating debt forgiveness, survey says

Many borrowers took out student loans anticipating debt forgiveness, survey says

Many student loan borrowers took out loans in recent years with the belief that the Biden administration would cancel student loan debt, a recent survey said.

Many student loan borrowers took out loans in recent years with the belief that the Biden administration would cancel student loan debt, a recent survey said.

Workers at DC Lululemon store file for union election

Workers at DC Lululemon store file for union election

Lululemon workers in Washington, D.C. have filed for a union election, joining workers at other major companies aiming to organize amid a wave of labor wins over the past year.

Lululemon workers in Washington, D.C. have filed for a union election, joining workers at other major companies aiming to organize amid a wave of labor wins over the past year.

Macy's opening four smaller format stores outside malls this fall

Macy's opening four smaller format stores outside malls this fall

The off-mall Macy's stores come as part of the company's broader strategy, which will shutter 125 Macy's stores in lower-tier malls by 2023.

The off-mall Macy's stores come as part of the company's broader strategy, which will shutter 125 Macy's stores in lower-tier malls by 2023.

Amid delays, American Airlines earns $476 million on record revenue in 2Q

Amid delays, American Airlines earns $476 million on record revenue in 2Q

American Airlines earned $476 million in the second quarter on record revenue from summer travelers and said Thursday that it expects to remain profitable in the third quarter.

American Airlines earned $476 million in the second quarter on record revenue from summer travelers and said Thursday that it expects to remain profitable in the third quarter.

GE reveals identity of 3 companies after historic split

GE reveals identity of 3 companies after historic split

General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company.

General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company.