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Sunday,  November 24 , 2024

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U.S. President Joe Biden speaks before signing the CHIPS and Science Act of 2022 during a ceremony on the South Lawn of the White House on Aug. 9, 2022, in Washington, DC. The centerpiece of the legislation is $52 billion in funding aimed at boosting U.S semiconductor chip manufacturing and continued scientific research in the field to better compete with Chinas increasing dominance in the sector.

Commentary: If factories don’t return to U.S. now, they never will

U.S. President Joe Biden speaks before signing the CHIPS and Science Act of 2022 during a ceremony on the South Lawn of the White House on Aug. 9, 2022, in Washington, DC. The centerpiece of the legislation is $52 billion in funding aimed at boosting U.S semiconductor chip manufacturing and continued scientific research in the field to better compete with Chinas increasing dominance in the sector.

August 28, 2022, 6:00am Business

The Chips and Science Act that President Biden signed earlier this month is just the latest indication that the planets are aligning for a return of manufacturing to the U.S. Proponents have pushed for so-called reshoring for years, but it has never quite panned out. With the supply chain crisis… Read story

Weston: While tempting, tapping home equity has cons

August 27, 2022, 6:00am Business

Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42 percent since the start of the pandemic, and the average homeowner with a mortgage can now tap over $207,000 in… Read story

NerdWallet: Why one teacher changed careers and gave up loan forgiveness

August 24, 2022, 7:29am Business

During my first class of the day, I asked a question to my students, or rather to their avatars on the screen of our online classroom. I waited for an answer but received silence. As none of my students turned on their cameras, I couldn’t know why I didn’t get… Read story

Millennial Money: How to prepare your finances for a breakup

August 23, 2022, 7:55am Business

even if it’s necessary and you’re better off without them. Emotions loom large and life changes. Your to-do list fills up with loaded logistics, like figuring out who gets the cat or how the heck you’ll afford to live alone. Read story

Leondis: Resist the siren song of 40-year mortgage loans

August 22, 2022, 7:55am Business

Because of rising interest rates and higher home values, the monthly mortgage payment on a typical U.S. home is 62% higher than a year ago. So, it’s only natural to be looking for a way to cut costs. But if you’re borrowing money to buy a home and think the… Read story

The Week Ahead: Looking for a price peak in the past to figure out the future of interest rates

August 22, 2022, 6:00am Business

The Federal Reserve consistently says its actions are data dependent. “Data dependence is, and always has been, at the heart of policymaking at the Federal Reserve,” Fed Chairman Jerome Powell said in a 2019 speech. Read story

Aerial view of the Diablo Canyon Nuclear Power Plant, which sits on the edge of the Pacific Ocean at Avila Beach in San Luis Obispo County, California, on March 17, 2011.

Hiltzik: Keeping the Diablo Canyon nuclear plant open is a dangerous waste of effort and money

Aerial view of the Diablo Canyon Nuclear Power Plant, which sits on the edge of the Pacific Ocean at Avila Beach in San Luis Obispo County, California, on March 17, 2011.

August 21, 2022, 6:00am Business

When it comes to resurrection stories, the Bible’s Lazarus may have nothing on California’s Diablo Canyon nuclear power plant. Read story

An Amazon bookstore in Chicago in March 2017. Would you entrust your healthcare to this company?

Hiltzik: Amazon’s acquisition of a medical firm may not disrupt health care, but could disrupt your life

An Amazon bookstore in Chicago in March 2017. Would you entrust your healthcare to this company?

August 21, 2022, 6:00am Business

In announcing its newest foray into the health care field last month — the $3.9-billion acquisition of the primary care firm One Medical — Amazon explained its interest in the industry this way: Read story

Weston: Just Starting Out? Learn From Our Mistakes

August 19, 2022, 7:40am Business

Those of us who write and talk about money for a living tend to have our financial acts together. But that wasn’t always the case. I invited some personal finance experts to share what they wish they could have told their younger selves about money. Read story

Millennial Money: A scarcity money mindset can cost you

August 16, 2022, 7:54am Business

We all saw it at grocery stores in 2020. The shelves, once brimming with toilet paper and hand soap, were bare. We hid in our homes, deep-cleaning every surface, occasionally braving the threat of COVID-19 to hunt down the last remaining bottle of hand sanitizer in a 50-mile radius. We… Read story