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Business

“Intel awarded up to $8.5 billion in CHIPS Act grants, with billions more in loans available”

“The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. soil. Intel could receive an additional $11 billion in loans from the CHIPS and… Continue Reading…

Economy

“Job openings top 11.2 million in July, well above estimate and nearly double the available workers”

“There were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor market is still extremely tight, the Bureau of Labor Statistics reported Tuesday. Available positions totaled 11.24 million for the month, well… Continue Reading…