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[ad_1] The Biden administration will give up to $6.4 billion in grants to Samsung, one of the world’s largest chipmakers, the latest in a slew of awards intended to shore up domestic production of cutting-edge semiconductors. The money will help Samsung, the South Korean company, fund its new chip manufacturing hub in Taylor, Texas, and … Read more

[ad_1] Something deeply unusual has happened in the American housing market over the last two years, as mortgage rates have risen to around 7 percent. Rates that high are not, by themselves, historically remarkable. The trouble is that the average American household with a mortgage is sitting on a fixed rate that’s a whopping three … Read more

[ad_1] To gather every last stem and ribbon, Mr. Patrikis is on the phone constantly, negotiating with 15 distributors to get the best deals. “If you don’t know how to buy from the wholesalers, the wholesalers are going to buy you,” he said. Depending on a stem’s length, the size of the bloom and the … Read more

[ad_1] The views are spectacular in this corner of eastern Nepal, between the world’s highest mountains and the tea estates of India’s Darjeeling district, where rare orchids grow and red pandas play on the lush hillsides. But life can be tough. Wild animals destroyed the corn and potato crops of Pasang Sherpa, a farmer born … Read more

[ad_1] Hollywood executives — not all, but most — have insisted for years that uncomfortable, thought-provoking, original movies can no longer attract big audiences at the box office. Moviegoers continue to bust that myth. Alex Garland’s dystopian “Civil War,” set in a near-immediate future when the United States is at war with itself, sold an … Read more

[ad_1] A group of major news organizations — including The Associated Press and the five big broadcast and cable networks — issued an unusual joint statement on Sunday urging President Biden and former President Donald J. Trump to commit to participating in televised debates before Election Day. “General election debates have a rich tradition in … Read more

[ad_1] Dana White’s diplomatic ambitions were clear, if complicated: Un-cancel Bud Light. He had some calls to make. As the chief executive of the Ultimate Fighting Championship, Mr. White was the arena-filling, Trump-loving, perpetually smirking public face of a multi-billion-dollar sport. But in completing a reported nine-figure deal last fall to make Bud Light the … Read more

[ad_1] Back in, say, 2019, if a filmmaker signed a deal with Netflix, it meant that he or she would be well paid and receive complete creative freedom. Theatrical release? Not so much. Still, the paycheck and the latitude — and the potential to reach the streaming service’s huge subscriber base — helped compensate for … Read more

[ad_1] A handful of new lounges opened by credit card issuers, including Capital One and American Express, have recently landed in airports across the United States, promising posh spots of refuge for select travelers awaiting their flights. At La Guardia Airport, caviar service will be available for pre-order. At Hartsfield-Jackson Atlanta International Airport, travelers can … Read more

[ad_1] What inflation means for the Fed and Biden U.S. inflation jitters are being felt around the world this morning, after the latest Consumer Price Index report showed inflation ticked up for a third straight month. The dollar spiked overnight and traders slashed their bets on when — or whether — the Fed would cut … Read more