Why Trump May Drop Plans to Repeal Biden’s CHIPS Act Once in Office

The President-elect has a record of reversing or eliminating policies from prior administrations, but there are many reasons he might may spare Biden’s signature program to boost domstic ...

Business - Inc. - 4 hours ago

House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back

House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that Republicans may try to repeal legislation that has spurred U.S. production of ...

Tech - ABC News - 5 days ago

Harris slams Speaker Mike Johnson for saying the GOP may repeal CHIPS Act

Vice President Kamala Harris tore into Speaker Mike Johnson, R-La., on Saturday for his comment that Republicans might seek to repeal the CHIPS and Science Act if they take control of Congress in ...

Politics - NBC News - 5 days ago

Speaker Johnson does clean up on CHIPS Act repeal question

Speaker Mike Johnson (R-La.) quickly backtracked after saying at a campaign event on Friday that he would “probably” move to try to repeal the CHIPS and Science Act, marking the second time in a ...

Politics - The Hill - 5 days ago

House Speaker Johnson Walks Back Talk of Repealing CHIPS Act

In an up for grabs New York congressional district getting a Micron plant through federal grants, a comment that the GOP ‘probably will’ try to repeal the program quickly gets massaged to a desire ...

Business - Inc. - 3 days ago

Harris defends CHIPS Act after House Speaker Johnson suggests GOP would try to repeal law

Donald Trump regularly attacks Vice President Kamala Harris and President Biden for the CHIPS Act.

Business - CNBC - 5 days ago

Biden admin is planning for a possible migrant surge before Trump takes office

The Biden administration is making contingency plans for a possible spike in immigration ahead of a Trump presidency, according to two U.S. officials.

Trump likely to uphold CHIPS Act despite his campaign rhetoric, policy experts say

President elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.

Business - CNBC - 9 hours ago

How Congress may look after Trump takes office

The balance of power may be changing in Congress and it hangs on the results of several key House of Representatives races. This comes as the Senate prepares for a new majority party. CBS News' ...

Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says

Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...

Business - MarketWatch - October 19

Arizona DNC office shooting suspect may have been planning mass casualty event: Prosecutor

The man arrested in connection to a shooting at the Democratic National Committee’s (DNC) field office in Tempe, Ariz. may have been planning a mass casualty event, Maricopa County prosecutor Neha ...

Politics - The Hill - October 24

Why the bond market may have it entirely backwards on Trump and Harris

A reduction in labor supply would weigh on the U.S. economy, and impact the bond market.

Business - MarketWatch - October 31

Disappointment Looks Different This Time Around

In 2016, social media was awash in calls to protest the day after Donald J. Trump’s victory. On Wednesday, many said it seemed like business as usual.

Lifestyle - The New York Times - 4 hours ago

Johnson says Harris is lying over his Affordable Care Act plans if Trump wins

House Speaker Mike Johnson is rebuking Vice President Kamala Harris' comments about the future of the Affordable Care Act if former President Donald Trump becomes president again. CBS News' Nikole ...

Harris slams Speaker Johnson’s comments about CHIPS Act

Vice President Harris took a swipe at Speaker Mike Johnson (R-La.) Friday evening, after Johnson said on the campaign trail that he would "probably" move to try to repeal the CHIPS and Science Act. ...

Politics - The Hill - 5 days ago

Biden highlights drug cost savings, hits Trump on 'concepts' of ObamaCare plan

President Biden on Tuesday highlighted his administration’s efforts to lower prescription drug costs as he seeks to cement his legacy in his final months in office. At an event in New Hampshire ...

Politics - The Hill - October 22

Election 2024 live updates as Trump celebrates win, Biden gives speech

Following the 2024 presidential election results, President Biden has invited President-elect Donald Trump to discuss the transition of power.

An Escape Plan for the Browns Once They (Finally) Admit It’s Over

Another week, another depressing performance from the offense, followed by credibility-sapping assurances that Deshaun Watson remains QB1, a columnist for The Athletic writes.

Sports - The New York Times - October 14

Jan. 6, Trump assassination attempt, Biden drops out - The timeline of the 2024 Election

The runup to 2024's Election Day has seen several shocking events that will likely dot history books for generations. CBS News' Lana Zak has a look back at how we got here and Laura Davidson, ...

Here’s Why Economists Say Trump’s Economic Plans Would Worsen Inflation

Tariffs, the GOP hopeful’s go-to economic policy plank, would raise average household costs by $2,600 a year, and experts say Trump’s other plans would do more harm than good.

Business - Inc. - October 15

Here's what President-elect Trump's tariff plan may mean for your wallet

President-elect Donald Trump proposed sweeping new tariffs on the campaign trail that may raise prices for consumers and trigger job loss, economists said.

Business - CNBC - Yesterday

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - 7 hours ago

Could the once united Trump family be fading in this election?

While Don Jr is influential behind the scenes, Ivanka and Melania have been notably absent during this campaign. In late afternoon sunshine, Eric Trump shook his fist and led chants of “Fight! ...

World - The Guardian - October 19

Joe Rogan's path to a once-improbable Trump interview

A stand-up comic with the most popular podcast in America is putting his imprint on a tight election.

Don't own the AI chip leaders? Jim Cramer says this might be your chance to act

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Business - CNBC - October 15

House progressives point to war powers act in letter to Biden on Israel

A group of progressive House Democrats want President Biden to give a full picture of the U.S. military’s role in Israel’s widening conflict in the Middle East, contending that a “deepening ...

Politics - The Hill - 6 days ago

With Trump presidency looming, Biden plans to publish draft gas export study this year

The Biden administration plans to publish a draft study by the end of this year that could have implications for the future of new gas exports. The administration said earlier this year that it ...

Politics - The Hill - 1 hour ago

Why Biden apologized to Native Americans

President Biden issued an apology to all Native Americans while speaking in Arizona about the forced federal Indian boarding schools where tens of thousands of Indigenous children were taken and ...

AMC touts theater investment plan but faces balancing act, Wedbush says

AMC Entertainment is planning to reinvest up to $1.5 billion in its theaters but faces a balancing act amid debt repayments, according to analyst firm Wedbush.

Business - MarketWatch - 6 hours ago

China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy

New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak consumer spending and a housing market crash.

Business - The New York Times - October 18

Solar stocks tank on fears Trump will hamper clean energy progress, repeal IRA

Trump's campaign platform calls for the termination of the IRA, which he refers to as the "Socialist Green New Deal."

Business - CNBC - Yesterday

Ministers explore plan to hand Post Office to subpostmasters

Campaigner Alan Bates says mutualisation won’t work as organisation will continue to need government subsidies. Ministers want to turn the Post Office into a co-operative and have asked business ...

World - The Guardian - October 19

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - Yesterday

Gold logs biggest drop since July, election may be a ‘pivot point’

Gold prices took an eye-catching hit on Thursday in posting their largest one-day decline since July — highlighting a complicated landscape for the precious metal that’s littered with ...

Business - MarketWatch - October 31

Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally

President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States

Tech - ABC News - October 28

Therapeutic Food Shortage Puts African Children at Risk of Starvation, U.N. Agency Says

Supplies of a highly nutritious treatment are running out, according to UNICEF.

World - The New York Times - October 15

Why Gender May Be the Defining Issue of the Election

The issue is rarely directly addressed by either Vice President Kamala Harris or Donald Trump. But the 2024 contest is, in ways overt and subtle, a referendum on the role of women in American life.

Top stories - The New York Times - October 23

Why fears of post-election violence may be inflated

Democrats are sounding the alarm that former President Trump’s harsh rhetoric in the home stretch of a tight presidential race could portend a repeat of the mass political violence that broke out ...

Politics - The Hill - October 26

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