Automakers worldwide are facing supply chain issues, with General Motors shutting down three of its North American plants, as a bottleneck of semiconductor chip production forces the slowdown of manufacturing.
Cheddar anchors Kristen Scholer and Hena Doba break down the global chip shortage and how one company, Taiwan Semiconductor Manufacturing Company (TSMC), controls most of the world's supply.
While the production of chips for automakers makes up only 3 percent of the firm's business, the current slowdown has had an outsized impact on companies like GM, Ford, Nissan, and more.
The economic effects of the Baltimore bridge collapse, Americans are living longer but not better, and Gen Z and millennials are struggling to afford rent, let alone a mortgage.
Zainab Salbi, founder of Women for Women International and co-founder of Daughters for Earth, shares why she is putting women in positions of power to fight the climate crisis.
The federal tax collector said Monday that roughly 940,000 people in the U.S. have until May 17 to submit tax returns for unclaimed refunds for tax year 2020, which total more than $1 billion nationwide.
Allies of Florida Gov. Ron DeSantis and Disney have reached a settlement agreement in a state court fight over how Walt Disney World is developed in the future.