WATCH: Biden tells execs U.S. needs to invest, lead in computer chips
President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push for his $2.3 trillion infrastructure plan.
U.S. manufacturing activity jumps to 3-year high
Manufacturers are reportedly benefiting from a shift in spending, with Americans spending money on homes and other projects rather than going out to restaurants or risking shopping indoors.
WATCH: Biden signs ‘Buy American’ order, pushes for urgent COVID-19 relief
President Joe Biden signed an executive order Monday to boost government buying from U.S. manufacturers, as talks with Congress over a $1.9 trillion stimulus package showed few signs of progress.
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How the pandemic has shifted U.S. labor from services to goods
The last major economic report before Election Day indicates a 7.4 percent growth rate in economic output during the year’s third quarter. It’s a sharp rebound from the record plunge of the previous quarter, and the fastest pace since World…
The Democratic presidential nominee's first pandemic-era campaign trips beyond his home in Delaware are taking him to all three states, an indication of how closely Biden's electoral prospects are tied to his ability to flip those political battlegrounds.
Long before the coronavirus pandemic, manufacturing in the U.S. was transformed -- and with it, daily life. Now COVID-19 is delivering a new blow to the industry. But some companies are pivoting to create the personal protective equipment that the…
President-elect Donald Trump’s deal with United Technologies will preserve 1,100 jobs in the state of Indiana, thus appearing to validate a central promise of his campaign. But questions remain: Is this sort of agreement viable? What is the future of…
President-elect Donald Trump traveled to Indianapolis on Thursday, touting a jobs deal he said made good on a campaign promise. In the agreement, Carrier's parent company, United Technologies, will receive $7 million in state tax breaks over 10 years, in…
Big companies today aren't creating nearly as many middle-class jobs. Instead they're hiring out much of the work to contractors around the world. But what if we could reverse engineer our technology to bring about a new era of local…
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