Category Business

The bitcoin bounce: what comes next?

Markets this year are roiling, uncertainty abounds and the U.S. government has had to step in to rescue two large American banks in recent days. So why is bitcoin, considered among the riskiest bets of them all, rising so fast?…

Taiwan chip pioneer warns US plans will boost costs

TAIPEI, Taiwan — U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products, the billionaire founder of the…