Nation

TSMC Accelerates US Production to Meet AI and High-Performance Computing Demand

TSMC is accelerating production at its Arizona semiconductor facility, driven by “explosive growth” for AI from U.S. and global customers.

US Retail Sales Show June Rebound as Consumers Shrug Off Tariffs

Retail sales surged at a higher-than-expected pace of 0.6 percent in June, according to Commerce Department data released on July 17.
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7.3 Magnitude Earthquake Hits Off Alaska Coast; Tsunami Warning Issued

A 7.3-magnitude earthquake struck off the coast of southern Alaska prompting federal officials to issue a tsunami warning.

University of Southern California Faces $300 Million in Federal Funding Cuts, Staff Layoffs

USC faces potential revenue loss of hundreds of millions of dollars in federal funds and staff layoffs, amid "volatile external environment,” Interim President says.

Florida AG Threatens Lawsuit Against US Masters Swimming Over Male Participation in Female Events

FL AG James Uthmeier, in a letter to CEO of U.S. Masters Swimming, called for immediate end to male athletes participating in female competitions by organization.

The Market’s Focus Returns to Tariffs

Surging tariff revenue is expected to help the Treasury Department better manage the federal government budget deficit.

DHS Secretary Suggests Liquid Carry-On Limits on Flights Might Be Eased

More changes could be coming to the TSA, including whether more liquids can be taken through airport security, DHS Secretary Kristi Noem suggested.

Top FDA Vaccine Official Overruled Reviewers 3 Times on COVID-19 Shots

FDA’s top vaccine official overruled agency reviewers on 3 decisions involving COVID-19 vaccines, including approval of Moderna’s shot for children.