Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.

Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...

The administration first highlighted that the chips had been suitably "tailored", leaving no room for security concerns. When ...

One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable ...

Talk of a 50-basis point cut next month, partly fueled by Treasury Secretary Scott Bessent on Wednesday, has evaporated. The ...

Treasury two-year yields dropped five basis points to 3.68%. The dollar fell against most major currencies. While the S&P 500 ...

Crypto campaign cash is looming over former Banking Chair Sherrod Brown’s Senate comeback bid in the Buckeye State.

Also in today’s newsletter, US Treasury secretary says Japan ‘behind the curve’ on inflation, and Warren Buffett’s Berkshire ...

Critics warn that Trump’s demands for business leaders to step down, and for the government to take a cut of sales, threaten ...

The Port of Los Angeles said it handled the highest container volume in its 117-year history last month, as uncertainty over ...

Days before winning his second presidential term, Donald Trump made a bold promise: if he returned to the White House, he ...

For years, the US has restricted the sale of powerful AI chips to China. But Trump is letting sales of less-advanced chips happen.