- Yahoo Finance
Biden is sending $61 billion to Ukraine. Much of it will pass through the US economy first.
Washington is spending another $61 billion to help Ukraine. But most of the money will flow through the US economy first.
- Reuters
Australian steelmaker shares soar after AUKUS submarine contract
Shares in little known Australian steelmaker Bisalloy have risen some 40% since December on the back of a series of defence deals signed as part of the AUKUS nuclear submarine deal between Australia, Britain and the United States. Defence contractors large and small are looking at the A$368 billion ($237 billion) plan to build Australia a fleet of nuclear-powered submarines as a decades-long source of work. Australia will build the vessels to a British design with U.S. technology.
- Yahoo Finance
Where Biden's billions in chipmaking money have gone — and what could be next
President Joe Biden has spent $23 billion of the $39 billion he has to spur chipmaking in the US, spreading it to companies that plan new activities in several states.
