Biden official reveals the failure behind America's epic chip shortage
CNN
The shortage of computer chips is raising the price of new and used cars, delaying shipments of electronics and holding back the economic recovery from the Covid-19 pandemic.
"It's a huge problem," Commerce Secretary Gina Raimondo told CNN ahead of leading a White House meeting with manufacturers and users of computer chips. "Everything in your life that has an on-off switch requires semiconductors. Your phone, your car, all of the electronics around you."
The chip shortage, along with other supply chain headaches, will likely cost the global auto industry alone a staggering $210 billion in lost sales this year, according to consulting firm AlixPartners. That's nearly twice as expensive as the firm forecasted in May when many auto executives hoped the worst of the chip shortage would be over by mid-year.
A provocative new work from the artist behind that duct-taped banana tackles gun violence in America
The Italian artist Maurizio Cattelan shines a light on gun violence and the divisions in US society in a new installation, “Sunday,” at Gagosian in New York City.
One Florida abortion clinic confronts a new six-week ban with a last-minute push and long-term plans
On Tuesday afternoon, Mikenzie Buchanan scooped up an armful of clipboards piled behind the front desk at A Woman’s Choice, an abortion clinic here; it was almost too many to hold. On each clipboard, behind a blue cover to protect personal information, were documents and charts for patients who had visited the clinic to receive a medication abortion that day.