Tag: costs

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Rising oil costs hurting U.S. farmers, small businesses

AAA announced Tuesday that the average U.S. gas price has topped $4 a gallon. CBS News correspondent Lana Zak reports on how the costs are impacting businesses. Then, Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.

Energy costs will decide which countries win the AI race, Microsoft’s Nadella says

Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. (Photo by Fabrice COFFRINI / AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella

Tariffs up, costs up, wages flat – Prof. Asuming says real recovery still far off

On June 20, 2025, 9:36 AM Tariffs are rising. Production costs are going up. But wages? They’ve barely moved. That’s the reality Ghanaian businesses and households are grappling with, according to economist Professor Patrick Asuming, who shared sobering insights in an interview. Prof. Asuming warned that while headline figures such as inflation and macroeconomic indicators

Rising 2nm chip costs may drive Samsung to use Chinese suppliers for Galaxy S26 OLED panels

Samsung may need to collaborate with Chinese firms to source certain OLED panel materials, shifting from its traditional suppliers in South Korea, the US, and Japan due to the rising costs of the 2nm process, according to Chinese media outlet Jiwei. The rising cost of 2nm wafers used in the Exynos 2600 mobile processor is

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