Amid the month-long vacuum of macro data, thanks to the shutdown, 'soft' survey data has become almost the only leg left standing to judge the economy by (absent the housing data).
John Deere is costing American farmers $4.2 billion a year by restricting them from fixing their own tractors. Apple, Amazon and major automakers use the same strategies on everything you own. It's bad for consumers and local mechanics, but excellent
"The program will cement the United States as one of the world's nuclear energy powerhouses and increase exports of Westinghouse's nuclear power generation technology globally"
The cuts, announced around 7 a.m. via a Slack message, were attributed to "business conditions" rather than performance, according to people familiar with the meeting.
China used loopholes in US law to purchase over $38 billion in chip-making technology in the last year alone, marking a 66% rise in imports since 2022, when legislation was passed to restrict Chinese access to US chip technology.