Manchin-Schumer 'Inflation Reduction Act' is really the Manufacturing Reduction Act
President Joe Biden’s latest tax-and-spend scheme will have a crushing effect on American manufacturing.
Fed official's warning, inflation 'gaslight' charge, jobs and more: Monday's 5 things to know
Fed Reserve Bank of Minneapolis CEO and President Neel Kashkari told CBS' "Face The Nation" Sunday that the current state of inflation is "very concerning."
Volkswagen ID.4 production kicks off in Tennessee to help cut the electric SUV's costs
Volkswagen has started production of its ID.4 electric SUV in Chattanooga, Tennessee and plans to increase production to 7,000 vehicles monthly.
Boeing union workers vote to strike at 3 St. Louis-area manufacturing facilities that make US military jets
Union workers at three Boeing manufacturing facilities in the St. Louis-area voted to go on strike Sunday as talks broke down over a new contract.
2 North Carolina manufacturing plants closing for Mississippi-based furniture maker
271 North Carolina residents will be put out of work as Mississippi-based furniture maker is closing their two manufacturing plants in NC.
Aviation mechanic shortage could lead to more flight delays, cancelations
Labor shortages in the airline industry are putting the airline industry in a bind. Shortages of aviation maintenance engineers can lead to flight cancelations in some areas.
Virgin Galactic signs lease for Arizona manufacturing facility
The facility, which will be capable of producing up to six of the company's Delta-class spaceships per year, is expected to be fully operational by late 2023.
Peloton ditches owned-manufacturing, outsources equipment to Taiwanese Rexon Corp.
Exercise equipment company Peloton announced it will no longer be manufacturing its own products, instead opting to partner with Taiwanese corporation Rexon.
Swiss Army knife celebrates 125th anniversary; CEO on the past and future of his company
Swiss company Victorinox has produced the world-famous Swiss Army Knife since the 1890s and remained a family-owned business the entire 130-year period.
June's jobs breakdown: Hiring hot spots, weak spots
Hiring was solid in June. Here's a roundup of the top five sectors leading the push to add workers.
Manufacturing hits lowest level since June 2020
U.S. manufacturing slowed more than expected in June to a PMI reading of 53%, reaching the lowest level in two years as demand and employment contracted.
German packaging manufacturer's new West Virginia plant to create 100 jobs
A German packaging manufacturer invested $48 million into a West Virginia plant will create 100 jobs in Moorefield. This is Papier-Mettler's first U.S. production plant.
US manufacturers slam Biden's gas tax holiday, call for more domestic oil production
American manufacturers slammed President Joe Biden's call for a federal gas tax holiday on Wednesday, saying the administration should allow more domestic oil production.
Hot sauce, tampon shortages lead growing list of out-of-stock items
Consumers are facing product shortages with items ranging from baby formula and tampons to hot sauce and wine. More of America’s favorite items may be added to the list in the near future.
Manufacturers' outlook dims as recession fears grow
Manufacturer sentiment dropped in the second quarter, as soaring inflation and supply chain issues fuel fears that a recession could be on the horizon.
Mobile home rent increases skyrocketing as corporations take ownership
Rent in the U.S. is up over 20%, according to rent.com. Mobile or manufactured homes have historically been one of America’s most affordable housing options, but now investors are buying mobile homes parks and jacking up the rent.
Illinois Caterpillar worker killed in foundry accident
A Caterpillar employee was killed last week in an accident at the company's foundry in Mapleton, Illinois. The man fell into a crucible and died instantly.
Factory orders slowed markedly in April, climbing just 0.3%
Good orders at U.S. factories rose far less than expected in April, likely the result of continued supply chain snarls.
Apple to move iPad production out of China for first time: report
Apple is moving portions of manufacturing to Vietnam in order to combat supply chain hurdles from mainland China's "zero-COVID" policies.
Jobs report, GameStop earnings, home prices top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days, including earnings reports and a union vote.



















