Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
By DIDI TANG and MICHELLE L. PRICE
WASHINGTON (AP) — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced.
SpaceX scrubs Monday Starship launch attempt 2 months after explosive test flight
The last time SpaceX launched its Starship and Super Heavy rocket, the upper stage disintegrated spectacularly over the Atlantic. Two months later, SpaceX is set to try again today with less explosive results.
A Monday attempt, though, was scrubbed, but the company could try as soon as Tuesday.
Live webcast of Starship’s eighth flight test starts now https://t.co/Q9HTUSYmtf
— SpaceX (@SpaceX) March 3, 2025
The Jan. 16 launch saw a successful catch of the Super Heavy booster back at the Texas launch site, but the Starship spacecraft blew up after passing over the Gulf of Mexico with scenes of the streaking debris posted to social media from places like the Turks & Caicos.
NEW: INCREDIBLE views of Starship 7 breaking up over Turks and Caicos tonight
Imagine seeing this over your house
pic.twitter.com/ndyDETK4wC
— Nick Sortor (@nicksortor) January 16, 2025
The event grounded the in-development rocket, but the Federal Aviation Administration cleared it to launch again as of Feb. 26.
Dow drops nearly 650 points on worries that Trump’s latest tariffs will slow the economy more
By STAN CHOE, AP Business Writer
NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours.
Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay
By ZEKE MILLER, JOSH BOAK and ROB GILLIES, Associated Press
WASHINGTON (AP) — President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth.
Check your home insurance now, avoid regret later
I’ll never forget the water-filled light bulbs.
Weeks after Hurricane Floyd flooded the North Carolina towns of Princeville and Tarboro in 1999, I made a reporting trip there to find out how residents were coping. A man escorted me inside his single-story house, which had been submerged for days under water the height of a basketball hoop. As we stood under the kitchen chandelier (his table had floated into the living room), he reached up to tap the light fixture’s flame-shaped bulbs. Water had displaced the gas inside.
The man was happy to salvage his framed, water-stained army discharge certificate. But as for the ruined house, he doubted his insurance would pay the full cost of rebuilding.
Being underinsured still happens more often than you think. In fact, there’s a good chance you have insufficient homeowners insurance coverage. You can fix that, and protect yourself financially, by shopping for home insurance carefully and making a few phone calls. Here’s how.
Beware undercoverage
The core of your home insurance policy is dwelling coverage: the part of the policy that will pay to repair or rebuild your home. The policy specifies the maximum amount it will pay. Watch out, because your dwelling coverage limit could be too low.