Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country’s fiscal path, market observers say. The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget Office. U.S. government debt held by the public, meanwhile, is on pace to reach a record 106% of gross domestic...
The U.S. government will give Samsung up to $6.4 billion in direct funding to boost its chip production in Texas, the Commerce Department said on Monday.In return, the South Korean tech giant will commit $45 billion in investment for its two chip production facilities, one under construction in Taylor and another exiting one in Austin. Samsung will also build an additional advanced packaging plant and a research center.Samsung becomes the third-largest receipt of funding from the U.S. under the...
Houston-based Enterprise Products Partners L.P. has made significant progress in developing the nation’s largest offshore oil export terminal, the Sea Port Oil Terminal (SPOT), having received a deepwater port license
WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Ambassador Jane Hartley recently said that Harry would never be deported from the U.S. while Biden is president.
Treasury's Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel.
After Iran's attack on Israel was stopped with major help from the U.S. and other allies, Netanyahu has to heed them going forward.
The top U.S. general in Europe told Congress on Wednesday that Ukraine will run out of artillery shells and air defense interceptors "in fairly short order" without U.S. support, leaving them vulnerable to a partial or total defeat. In a sign of how scarce some weapons were, General Christopher Cavoli,
Today is National Wear Your Pajamas to Work Day. So, get out that comfy flannel and get to work!
PANMUNJOM, South Korea — The U.S. ambassador to the United Nations urged Russia and China on Tuesday to reverse course, and stop rewarding North Korea’s bad behavior and blocking U.N. scrutiny of the isolated country’s efforts to evade sanctions over its weapons programs. Ambassador Linda Thomas-Greenfield made the remarks during a visit to the Demilitarized Zone, a heavily fortified border between the two Koreas, which remain technically at war. Her trip to South Korea came after Russia...
Marjorie Taylor Greene once again spews stupidity wrapped in toxic anger as