Bank of America (BofA) is launching a $250 billion initiative to finance a broad buildout of U.S. infrastructure, including data centers, semiconductor facilities, power generation…
Cleveland Federal Reserve President Beth Hammack on Monday said that she thinks there will be a need for more than one interest rate hike to prevent inflation from becoming more entrenched across the economy. Hammack…
Wealthy Americans are investing in New Zealand’s “golden visas” as they look to relocate to the South Pacific nation. The Financial Times reported that over 700 wealthy foreigners have applied for New Zealand’s golden visa in the last 14 months – an increase from 115 in the prior three years…
President Donald Trump and his administration have made a lot of big promises to improve affordability since taking office. The latest came during Trump’s Feb. 24 State of the Union address in which he floated expanded access to 401k accounts with a funding match for Americans who lack access or…
Apple is reportedly in the process of testing memory chips made by Chinese company CXMT across its lineup of devices, including in iPhones and MacBooks, as it looks at options to address the shortage of memory chips. The Wall Street Journal on Sunday reported that Apple has held early talks…
The U.S. government’s Strategic Petroleum Reserve (SPR) is at its lowest level since 1983 as inventories that were already low before the Iran war come under increasing pressure. Data released by the Department of Energy on Monday showed that the number of barrels of oil in the SPR declined by…
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CADIZ, Ky. – The U.S. soybean industry is working to meet growing global demand despite operating with less farmland and fewer farms. According to the Department of Agriculture, the U.S. had about 943 million acres…
