The Trump administration is talking about buying stock in Intel and starting a sovereign wealth fund. There isn't a dumber, more irresponsible financial idea swirling around in Washington.

Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his ...

Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as "socialism." ...

China-specific AI chip after US Commerce Secretary Howard Lutnick made comments officials found "insulting." Chinese regulators are now trying to discourage domestic tech firms from buying the H20 ...

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were pledged to Intel under U.S. President Joe Biden. If the deal is completed, ...

Shares on Wall Street dropped for a second successive day on Wednesday as weakness in the tech sector persisted while a key ...

Shares of Intel (NASDAQ: INTC) are falling on Wednesday, down 7% as of 12:14 p.m. ET. The drop comes as the S&P 500 and ...

TOKYO—In return for billions of dollars of investment pledges and promises to buy more American goods, U.S. allies in Asia ...

During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick pretentiously talked down to Senator Gary Peters (D-MI) for asking questions.

Not long ago, American conservative orthodoxy held that when it comes to doing business, the government that governs least ...

The U.S. commerce secretary said the funds promised by Tokyo in the course of tariff talks will be deployed to benefit the ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...