US Government Makes Massive $1.6B Investment in Rare Earth Mining
Trump administration invests $1.6 billion in USA Rare Earth company, securing 10% stake to boost domestic production of critical minerals essential for technology and defense.
Trump administration invests $1.6 billion in USA Rare Earth company, securing 10% stake to boost domestic production of critical minerals essential for technology and defense.
Trump administration and Northeast governors plan emergency PJM auction forcing tech companies to fund $15B in new power plants for AI data centers, protecting consumers from rising electricity bills.
Meta faces growing pressure as tech giants are asked to cover their own data center energy costs, making AI investments more expensive and risky for investors.
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
President Trump instructs agencies to buy $200 billion in mortgage bonds, aiming to lower interest rates and make home ownership more affordable for Americans.
President Trump and Intel CEO Lip-Bu Tan discussed the company's new processor line and government investment in American chip manufacturing at White House meeting.