Intel is the Dow's biggest loser
CNN
Semiconductors are in everything. Our phones, our laptops, our televisions. Even our cars. But concerns about a global recession and continued worries about supply shortages stemming from lingering pandemic-related shutdowns in Asia over the past two years are hurting top chip companies.
Shares of Intel (INTC) are down more than 45% this year, making it the biggest dog of the Dow. Intel is struggling despite well-publicized plans to build more plants in the United States and hire more at home. President Biden even just toured the new Intel facility in Ohio for its groundbreaking ceremony.
Rapper Kanye West has deactivated his X account, bought an ad that aired during the Super Bowl and is now selling T-shirts with swastikas on his Yeezy website.
Trader Joe’s is limiting the amount of eggs customers can buy because of a supply shortage caused by the avian flu.
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
If you’re confused by President Donald Trump’s tariff plan, you’re not alone.
The Philadelphia Eagles steamrolled the Kansas City Chiefs for a decisive victory in Sunday’s Super Bowl, but the battle for audience attention through ads was in many ways an even tougher fight.
Visits to McDonald’s plunged because of an E. coli outbreak last fall — and so did its profits.
Starbucks is offering a rare perk on Monday: free coffee.
The first return volley in a new trade clash between China and the United States was fired on Monday as Beijing’s tariffs on nearly $14 billion in US imports came into effect.
President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.
President Donald Trump, speaking to reporters on Air Force One Sunday, said he planned on announcing a 25% tariff on all steel and aluminum imports into the United States.
Starbucks is offering a rare perk on Monday: free coffee.
Russell Vought, the newly installed acting director of the Consumer Financial Protection Bureau, sent an email Saturday night ordering all employees at the consumer watchdog to stop virtually all work — including fighting financial abuse.
White House aides have indicated the president’s ubiquity is partly a strategy to impress Republican voters and disorient Democratic opponents.