insert_link Business / Economics Chip Maker TSMC to invest $100b in US Taiwanese chipmaker TSMC says it will invest an additional $100 billion in the US - allowing it to significantly expand its production capacity and bring cutting edge technology to the US. Toni Waterman has more. today4 March, 2025
insert_link Business / Economics Trump Confirms US Tariffs on Canada, Mexico, and China Will Proceed After weeks of speculation, U.S. President Donald Trump has announced that 25% tariffs will be imposed on imports from Canada and Mexico, plus another 10% on China, effective Tuesday, U.S. time. US markets reacted to the news with the S&P 500 marking its worst day since December, while the Dow Jones dropped more than 600 points. Mitch McCann reports: today4 March, 2025
insert_link Business / Economics Apple announces big investment in US Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports. today25 February, 2025
insert_link Business / Economics Trump to add lumber to tariffs list US President Donald Trump says he'll add lumber to the list of goods facing new tariffs. The move is expected to hurt neighbors Canada and Mexico particularly hard. Nick Harper reports from Washington. today21 February, 2025
insert_link Business / Economics US inflation hits 3% for first time since June US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports. today13 February, 2025
insert_link World Trump acknowledges tariffs may bring “pain” to Americans US President Donald Trump has defended his decision to impose sweeping tariffs on the United States' top three trading partners, even as he acknowledged there may be "some pain" for Americans. Posting on his Truth Social platform he hit back at criticism arguing the action was warranted against China, Canada and Mexico. Kate Fisher reports from Washington. today3 February, 2025
insert_link Business / Economics US Fed cuts interest rate for third time in 2024 The US Federal Reserve has reduced interest rates by another quarter of a percent, its third consecutive cut of 2024. However, the central bank has signaled just two cuts in the coming year. Nick Harper reports from Washington. today19 December, 2024
insert_link Business / Economics Inflation-cutting stalls in US as prices rise Progress on cutting inflation in the US has stalled as prices rise, according to the latest data from the US government's key metric for tracking inflation levels. The Consumer Price Index shows the monthly inflation rate and annual inflation rate each rose by 0.1 percentage points from their October levels. Kate Fisher reports today12 December, 2024
insert_link World US Fed chair won’t resign if Trump demands US Federal Reserve Chairman Jerome Powell has said he will not resign if asked to by incoming President Donald Trump. He was speaking after the Fed dropped interest rates by another quarter of a percentage point. As Nick Harper reports from Washington. today8 November, 2024
