Economy News

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Filip De Mott
19 Apr 2024, 00:39

The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow

The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow

The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow

TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing.

More and more Americans are becoming 'ALICEs.' They can't afford rent and groceries but are falling through the cracks in the country's safety net.
Noah Sheidlower,Juliana Kaplan
18 Apr 2024, 22:33

More and more Americans are becoming 'ALICEs.' They can't afford rent and groceries but are falling through the cracks in the country's safety net.

The share of Americans in poverty has been falling, but more are stuck living paycheck to paycheck.

Fed officials cast more doubt on the timing of rate cuts this year
Jennifer Sor
18 Apr 2024, 21:53

Fed officials cast more doubt on the timing of rate cuts this year

Powell warned earlier this week that rate cuts could be delayed, with his colleagues echoing that in comments on Wednesday.