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  • Madeleine Ngo and Ana Swanson

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U.S. Awards Intel $3 Billion for Military Supply Program

The Biden administration announced an award for the struggling chipmaker as part of an effort to establish secure supply sources for the Pentagon.

U.S. Awards $504 Million for ‘Tech Hubs’ in Overlooked Regions

Biden administration officials hope the money will help propel technological innovation in areas that have historically received less government funding.

Inflation Surged Again in October, With P.C.E. Index Climbing 5 Percent

Prices climbed by 5 percent in the 12 months through October, according to Personal Consumption Expenditures price index data released Wednesday.

The Biggest Kink in America’s Supply Chain: Not Enough Truckers

Long hours and uncomfortable working conditions are leading to a shortage of truck drivers, which has compounded shipping delays in the United States.