Twenty-five years ago, Ni Meijuan earned $19 a month working the spinning machines at a vast textile factory in the Chinese city of Hangzhou. Read more
Tag Archive for: Economy
Ford Motor Co. announced, Wednesday, Aug. 12, that Ford F-650/F-750 medium-duty trucks will for the first time roll off the line in the United States, at the company’s Ohio Assembly Plant in Avon Lake. Read more
Democrats and Republicans disagree on a lot, but leaders of both parties are as keen now as they were decades ago to embrace manufacturing jobs. Read more
Ford said it will move production of the Focus and C-Max small cars from its Michigan Assembly Plant in 2018, with union officials saying they were told the work will leave the U.S.. Read more
Walmart made a little bit of news on Tuesday. Right after the world’s largest retailer committed to fast-tracking the hiring of more military veterans, it announced plans to source an additional $50 billion worth of American-made goods over the next decade. Read more
Last fall, Wal-Mart promised to purchase $250 billion in Made in USA products by 2023, a move it said would create 1 million U.S. jobs over time. Two-thirds of the goods in its domestic stores are already made, sourced, assembled, or grown in the United States, the company added. Read more
WASHINGTON — The Senate on Tuesday handed President Barack Obama the biggest legislative victory of his second term, with a dramatic vote clearing the way for major trade agreements with Pacific Rim nations and the European Union. Read more
The U.S. economy is facing a predicament the Federal Reserve didn’t anticipate — a stronger than expected U.S. dollar. Investors are encouraged to Buy American. Read more
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