🌎 Discussion: The Economy, Fiscal Cliff, National Debt, And Other Financial Issues IV

[blueharvest]

Or will they just add 17% to the price tag?

They'll probably do that, too.

 

[MagnarTheGreat]

Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts

The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with Amazon and would pause some initiatives.

www.nytimes.com

Qualcomm Approached Intel About a Takeover in Recent Days​

A deal for Intel would be massive and come at a time when the chipmaker is sputtering​

https://www.wsj.com/business/deals/qualcomm-approached-intel-about-a-takeover-in-recent-days-fa114f9d

https://www.cnbc.com/2024/09/20/qualcomm-reportedly-approached-intel-about-takeover.html

March 2024:

Biden-Harris Administration Announces Preliminary Terms with Intel to Support Investment in U.S. Semiconductor Technology Leadership and Create Tens of Thousands of Jobs

U.S. Department of Commerce Proposes up to $8.5 Billion in Potential Direct Funding for Intel Under President Biden’s Investing in America Agenda to Support Multiple Projects in Arizona, New Mexico, Ohio, and Oregon

www.commerce.gov

Intel Announces Retirement of CEO Pat Gelsinger

David Zinsner and Michelle Johnston Holthaus named interim Co-CEOs. Holthaus also appointed to the newly created position of CEO of Intel Products. Frank Yeary named interim executive chair.

www.intel.com

 

[blueharvest]

Trump could dismantle newly built guardrails around your wallet, consumer groups warn

Advocates say they’re bracing for a sharp reversal at the Consumer Financial Protection Bureau after four of the most aggressive years in its brief history.

www.nbcnews.com

 

[blueharvest]

This obscure budget procedure could be Trump’s biggest weapon

How Trump could attempt to cut Medicaid, school funding, and more — without Congress.

www.vox.com

 

[blueharvest]

 

[blueharvest]

Republicans Say Letting These Tax Cuts Expire Would Crash The Economy. Congress' Own Experts Say Otherwise.

An analysis from the nonpartisan Congressional Budget Office says the negative and positive effects of the change would roughly balance each other out.

www.huffpost.com

 

[squeekness]

They will be sorry next year, yes. They should be saving while they can, not spending.

 

[blueharvest]

 

[blueharvest]

 

[blueharvest]

Don't blame Biden for inflation. Blame the climate.

Inflation was a defining issue in the presidential election. Here's how climate change is making everything more expensive.

grist.org

 

[blueharvest]

 

[squeekness]

Bunch of useless liars.

 

[blueharvest]

 

[blueharvest]

 

[blueharvest]

 

[blueharvest]

 

[squeekness]

Guess that's why they are going after the safety nets of the poor.

 

[blueharvest]

In a Trump world, here's how to prepare your finances. Hint: don't hoard.

Retailers are urging Americans to buy now before Trump's tariffs cause price hikes. Don't fall for it, experts say. Here are better ways to use money.

www.usatoday.com

 

[squeekness]

Save it to pay your bills when everything doubles in price.

 

[blueharvest]

 

[MagnarTheGreat]

US businesses will lose $1B in one month if TikTok is banned, TikTok warns

US ban would also impact tens of millions of global users, TikTok claimed.

arstechnica.com

 

[squeekness]

Better big a big stockpile to last four years.

 

[MagnarTheGreat]

'We're absolutely in panic mode': Toymakers are bracing for Trump's tariffs​

https://www.npr.org/2024/12/09/nx-s1-5215842/toymakers-trump-tariffs-china-mexico

 

[blueharvest]

US inflation likely edged up last month, though not enough to deter another Fed rate cut

Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago

www.independent.co.uk

 

[blueharvest]