Chip Stocks Fall on Reports White House Seeking Equity in Exchange for Grants

U.S. Secretary of Commerce Howard Lutnick testifies before a House Appropriations Committee hearing on U.S. President Donald Trump’s budget request for the Department of Commerce, on Capitol Hill, on June 5, 2025. Leah Millis /Reuters Shares of major semiconductor companies fell sharply on Aug. 20 following reports that the Trump administration is considering taking equity

Have 1.6 million undocumented immigrants really left the U.S. this year?

Homeland Security Secretary Kristi Noem said last week that the number of unauthorized immigrants living in the U.S. has declined by 1.6 million since President Trump began his immigration crackdown.  “This is massive,” Noem said in a statement, crediting the decline in part to an ad campaign warning undocumented immigrants to leave or face arrest

California to take on Newsom-backed redistricting plan today, after Texas passes maps

California Democrats are poised to pass a contentious redistricting effort on Thursday in the latest escalation to a national back and forth that could prove critical in which party is able to win the U.S. House in next year’s midterm elections.  The new map would shift five of California’s Republican U.S. House seats to be