Americans Have Had It With Inflation

Americans Have Had It With Inflation

James Duffy used to frequent the coffee shop on weekends to enjoy an Americano and read a book. Then, rising inflation started to bite. Mr. Duffy, 25 years old, began cutting back on coffee outings earlier this year. Now, he brews a big pot of coffee at home, part of a broader attempt to save … Read more

Elon Musk Takes Unusually Long Twitter Break

Elon Musk Takes Unusually Long Twitter Break

Elon Musk is on his longest stretch without posting on Twitter in nearly five years, a nine-day hiatus that comes in the midst of tumultuous efforts to complete his planned $44 billion deal to buy the platform. The billionaire chief executive of Tesla last posted on June 21, marking Thursday as the most extended silence … Read more

Taiwan Company Plans Texas Chip Wafer Factory—if Congress Approves Incentives

Taiwan Company Plans Texas Chip Wafer Factory—if Congress Approves Incentives

WASHINGTON—A Taiwan-based company said it plans to build a $5 billion factory in Texas to make silicon wafers used in semiconductors, but the deal hinges on financial incentives bogged down in Congress. Global Wafers on Monday said its planned factory in Sherman, Texas, would be the first US silicon wafer-facility in more than two decades … Read more

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

If lithium is the new oil, it needs better answers to widely traded crude benchmarks like Brent and West Texas Intermediate. Oil-price increases have been modest compared with the rally in the metal that underpins electric-vehicle batteries. Despite a recent pause for breath, spot prices for seaborne supplies of the key lithium compounds, carbonate and … Read more