Manufacturing

U.S. Economy Adds 227,000 Jobs in November, Beating Expectations

The U.S. economy added 227,000 jobs in November, surpassing economists’ forecast of 215,000, the Department of Labor reported Friday. The unemployment rate edged up slightly to 4.2%, as more individuals entered the workforce.

U.S. Increases Reward for CJNG Leader ‘El Mencho’ Amid Escalating Cartel Violence

As cartel violence intensifies in Mexico, the U.S. State Department has increased its reward for information leading to the capture of Nemesio Rubén Oseguera Cervantes, known as "El Mencho," to $15 million. El Mencho, co-founder and leader of the Jalisco New Generation Cartel (CJNG), remains a fugitive despite multiple U.S. indictments for drug trafficking and related crimes.

Peter Navarro Picked for Trade and Manufacturing Senior Counselor

President-elect Donald Trump announced that Peter Navarro will serve as the Senior Counselor for Trade and Manufacturing in the incoming Trump administration.

China Bans Key Mineral Exports to U.S. in Retaliation for Trade Restrictions

China announced Tuesday a ban on exporting certain minerals and metals to the U.S., escalating the ongoing trade and tech war. The targeted materials—germanium, gallium, antimony, and superhard substances—are vital for manufacturing semiconductors, batteries, and military hardware.

Biden Admin Pushes $7 Billion Loan for EV Battery Plants in Indiana

The Biden administration announced a $6.85 billion loan on Monday to build two electric vehicle (EV) battery plants in Kokomo, Indiana.

Biden Pledges $1 Billion in Africa Aid Amid U.S.-China Rivalry

President Joe Biden has announced over $1 billion in humanitarian aid to assist individuals displaced by drought and conflict across 31 African nations. This commitment was unveiled during his recent visit to Angola, where he emphasized the United States' dedication to supporting Africa's humanitarian needs.

Biden Administration Expands Export Controls on Advanced Semiconductor Technology to China

The Biden administration announced new restrictions Monday targeting the export of advanced semiconductor chips and manufacturing equipment to China. The measures, introduced by the Commerce Department's Bureau of Industry and Security, aim to limit Beijing's ability to develop advanced technologies, including artificial intelligence and military applications.

Biden Administration Approves $6 Billion Loan for Struggling EV Maker Rivian

The Biden administration has committed to a $6 billion loan to electric vehicle manufacturer Rivian to construct a new factory in Social Circle, Georgia,...

Trump Picks Jamieson Greer as U.S. Trade Representative

President-elect Donald Trump has tapped Jamieson Greer as his choice for U.S. Trade Representative, signaling a continuation of the bold trade policies that defined his first term.

Trump Announces Rep. Lori Chavez-DeRemer as Secretary of Labor

President-elect Donald Trump announced on Friday his nomination of Rep. Lori Chavez-DeRemer, (R-OR), to serve as Secretary of Labor. Chavez-DeRemer, first elected to Congress in...

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