TSMC's $65 Billion Arizona Megadeal with Biden Administration to Power Up U.S. Tech Supremacy
President Biden highlighted progress under the CHIPS & Science Act, noting a $65 billion investment by TSMC to build three semiconductor facilities in Arizona, which will create jobs and advance U.S. tech industry.
Inflation Rate Hits Pre-Pandemic Levels as Gas Prices Drop, Administration Touts Economic Stability and Reduced Costs for Families
National Economic Advisor Lael Brainard reported a 2.6% CPI inflation rate for October 2024, indicating economic stability similar to pre-pandemic levels, with lowered costs for gas and insulin.
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