
The company would also invest up to $3 billion in the U.S. semiconductor supply chain.
Meanwhile, hiring momentum over the past few months has stalled, and the labor force participation rate is the lowest since 1976, excluding the pandemic.
Federal Reserve Chairman Kevin Warsh also has the backing for policy reforms.
Billions of new semiconductors will be built in the United States.
‘This is the time to be bullish on U.S. refining,’ an executive at Phillips 66 says.
Reduced exports and rising imports send U.S. trade gap to widest since March 2025.
Methodology changes required index funds to buy billions of SpaceX shares.
A bullish outlook for the greenback reflects ‘the notion of dollar-positive U.S. exceptionalism.’
A war in Iran, a winter storm, and higher gasoline prices weighed on consumers.
The rally has extended beyond the Magnificent Seven.