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Economy

U.A.W. Says It Could Expand Auto Strikes on Friday

Evan Harrington

The United Automobile Workers union said on Wednesday that it planned to expand its strike against the big three Michigan automakers on Friday if negotiators failed to make substantial progress…

Economy

What the U.S.-China Chip War Means for a Critical American Ally

Evan Harrington

Samsung and SK Hynix, the semiconductor titans of South Korea, have spent over $52 billion to build up their operations in China. Business with China has long made up a…

Economy

Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access

Evan Harrington

Cryptocurrency lobbyists were riding so high in early 2022 that an FTX executive felt comfortable directly emailing Jerome H. Powell, the chair of the Federal Reserve, to ask him to…

Economy

Las Vegas Hospitality Workers Authorize Strike at Major Resorts

Evan Harrington

Hospitality workers in Las Vegas have voted overwhelmingly to authorize a strike against major resorts along the Strip, a critical step toward a walkout as the economically challenged city prepares…

Economy

Defense Department Awards Chip Funding to Fuel Domestic Research

Evan Harrington

The Biden administration on Wednesday announced that it was awarding $238 million through the Defense Department to set up eight hubs around the United States for promoting innovation in the…

Economy

‘Unprecedented’ Secrecy in Google Trial as Tech Giants Push to Limit Disclosures

Evan Harrington

In a court filing last month, Google argued that it needed its privacy in an antitrust trial that would spotlight its dominance in online search.“Once commercially sensitive information is disclosed…