WASHINGTON, Jan 26 — American companies have an average of less than five days’ worth of semiconductors on hand, a level leaving them vulnerable to production shutdowns if supply is disrupted, the Commerce Department said yesterday.
Both chambers are narrowly controlled by his Democratic Party. A House Democratic aide confirmed to AFP the chamber’s version of the bill is expected to be introduced this week. The survey found chip demand is currently 20 per cent higher than its level in 2019 and companies expect more orders than supply for another six months.
Disruptions to the auto industry played a role in the surge in used car prices last year, which helped to drive overall consumer prices seven per cent higher in 2021.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US President Biden caught insulting Fox News journalist | Malay MailWASHINGTON, Jan 25 — US President Joe Biden was caught on a live microphone yesterday calling a Fox News journalist a “stupid son of a b****” on the sidelines of a White House photo op. As journalists were leaving the room after the event a reporter from Fox News, the favourite channel of...
Source: malaymail - 🏆 1. / 86 Read more »
US dietician's 'miracle' hangover recovery remedy goes viral on TikTok (VIDEO) | Malay MailNEW YORK, Jan 25 — Now this is what you call a viral video. On TikTok, the post of a New York dietician has been viewed more than 3.5 million times. She presents a remedy for the difficult aftermath of a night out. Except that we have never really found an effective and scientifically proven...
Source: malaymail - 🏆 1. / 86 Read more »
US stocks open lower as IMF trims global growth forecast | Malay MailNEW YORK, Jan 25 — Wall Street stocks fell early today following a deluge of mostly solid corporate earnings but a lower global growth forecast from the IMF. The early losses extend a downcast trend that has persisted for most of January as investors adjust equity valuations in anticipation of...
Source: malaymail - 🏆 1. / 86 Read more »
US threatens stiff sanctions, warns Russia not to ‘weaponise’ energy | Malay MailWASHINGTON, Jan 25 — The United States today warned Russia of damaging sanctions, including high-tech export curbs, and said attempts by Moscow to “weaponise” its enormous oil and gas industry would backfire. “We are prepared to implement sanctions with massive consequences” that go far...
Source: malaymail - 🏆 1. / 86 Read more »
IMF cuts growth forecasts for US, China and the world as Omicron spreads | Malay MailWASHINGTON, Jan 25 — The International Monetary Fund lowered its economic forecasts for the United States, China and the global economy today, and said uncertainty about the pandemic, inflation, supply disruptions and US monetary tightening posed further risks. “We project global growth this...
Source: malaymail - 🏆 1. / 86 Read more »
Ringgit slips further versus US dollar at close | Malay MailKUALA LUMPUR, Jan 25 — The ringgit slipped further against the US dollar at close today as the greenback, a safe haven currency, strengthened amid rising geopolitical risks in Eastern Europe, while investors await the outcome from the US Federal Open Market Committee (FOMC) meeting, dealers said....
Source: malaymail - 🏆 1. / 86 Read more »