Keyword: industry
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Some leftists are now claiming that conservatives are foolish to expect President Trump, who once went bankrupt, to turn the economy around. As leftist claims frequently do, it shines a spotlight on their willful ignorance of history. Our society glorifies overnight successes and flawless trajectories. But it's worth refamiliarizing ourselves with the stories of individuals who have plummeted to financial ruin only to rebuild their careers and create successful businesses. These serve as powerful reminders of human resilience. Bankruptcy, a word synonymous with defeat, has marked the journeys of countless individuals who have refused to let it define them. Instead...
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Conservatives are up in arms about Trump's decision to have the government buy a stake in Intel. Classic, textbook socialism. Trump sees the Intel deal as a first step toward creating an American "sovereign wealth fund," with many more investments to follow. This is about keeping America competitive with Communist China, which controls the world's second and third largest sovereign wealth funds. Traditionally, countries rich in national resources, particularly oil, have used sovereign wealth funds to diversify and grow their economies.
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Texas Instruments is building a $60 billion U.S. manufacturing megaproject where Apple vows to make "critical foundation semiconductors" for iPhones and other devices. CNBC went to Sherman, Texas, for an exclusive first look inside the newest fab of seven TI's building in Utah and Texas to provide U.S.-made chips to customers like Nvidia and Ford. TI shares have suffered amid tariff concerns, and it's lost analog market share for several years, but top leaders are confident about the huge spend. Why Texas Instruments Is Betting $60 Billion On Making Cheap Chips In The U.S. | 15:41 CNBC | 4.01M subscribers...
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The last sugar beet factory in California is closing after almost 80 years in business. The Spreckels Sugar Company factory in Brawley in the Imperial Valley has already begun the closure process that will soon lead to the loss of 700 local jobs. The Southern Minnesota Beet Sugar Cooperative, which owns and runs the factory, said it could no longer keep up with declining sugar prices as well as post-pandemic inflationary pressures. The factory was the last of its kind in the state that turned the root sugar beet into sugar, and marks the latest of a series of companies...
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President Trump has proven once again why he’s the most effective advocate for American workers in modern American politics. He fully understands the threat China poses, and his administration is doing exactly what needs to be done to ensure American competitiveness.While strengthening our manufacturing, he’s also tackling trade diplomacy with China. Because President Trump knows we need both: to grow our ability to compete with China by manufacturing right here in the U.S. and also to pursue trade diplomacy that actually helps American businesses and consumers.The early signals of this effort are positive.For example, Ford’s $5-billion investment in car manufacturing,...
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Rescue crews raced to save multiple people trapped beneath the rubble after an explosion at a U.S. Steel plant near Pittsburgh on Monday, an official said. The blast happened just before 11 a.m. at the Clairton Coke Works. Abigail Gardner, director of communications for Allegheny County, told The Associated Press there are no confirmed fatalities yet.
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Ever wondered what fuels each state’s economy? In most cases, the biggest industry is either real estate or manufacturing.This Markets in a Minute graphic, via Visual Capitalist's Jenna Ross, in partnership with Terzo, highlights the industry contributing the most to GDP in every state.The Biggest Industry RankingReal estate powers the economy in over half of states. This is largely because the Bureau of Economic Analysis treats homeowners as landlords renting to themselves, and includes the rental value in GDP. If economists did not include this value, a jump in the homeownership rate would cause GDP to drop. On top of...
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Here’s a story you won’t see the mainstream media cover, ever: the white African farmers once demonized and stripped of their land and livelihoods under Robert Mugabe’s Marxist dictatorship in Zimbabwe didn’t just vanish into thin air. These fighters packed up, crossed the border, and rebuilt. And guess what? They’re doing amazing. If you don’t recall, back in the early 2000s, Zimbabwe’s government kicked off a so-called “land reform” plan that drove white farmers off their land, often violently, and handed them over to Black Zimbabweans. Roughly, about four thousand white farmers were forced out, and many were attacked or...
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The chemical spill released 3,000 gallons of nitric acid from a tank at the Austin Powder Red Diamond Plant in McArthur– which manufactures explosives used for mining and construction – around 8:30 a.m. Wednesday, a Vinton County spokesperson told WLWT. Spillage from the 5,000-gallon tank caused nearby roads to shutter and the Federal Administration Authority to enforce a temporary flight restriction.
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Official White House photos by Emily HigginsWEST MIFFLIN, Pennsylvania -- Flanked by a sea of steelworkers dressed in their orange safety jackets and hard hats, President Donald Trump was given a hero's welcome at the Mon Valley Irvin Works to mark the signing of the U.S. Steel-Nippon Steel deal, the largest investment in state history. "With the help from patriots like you, we are going to produce our own metal, make our own energy, secure our own future, build our country, control our own destiny, and we are once again going to put Pennsylvania steel into the backbone of America,"...
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The U.S. is one of the highest-paying countries globally, but the average earnings differ significantly between industries.This infographic, via Visual Capitalist's Niccolo Conte, ranks average annual salaries across major U.S. industries using data from the U.S. Bureau of Labor Statistics as of March 2025. The data covers private industries, and annual salary figures are estimated by multiplying average weekly earnings by 52.Which Industries Pay the Most?The average annual salary across all U.S. industries (ex. government employees) is around $64,000. In the utilities sector, the highest-paying industry, the average employee makes nearly $114,000 annually.Here’s a look at the highest and lowest-paying...
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The left-wing cofounder of a group that received gushing coverage for its efforts to “defund” conservative media will step away from the advocacy organization at the end of next month, The Post can reveal, following a legal challenge and attempts to rebrand in the wake of President Trump’s return to the White House. Nandini Jammi — whose Check My Ads Institute seeks to yank advertiser funding from right-wing figures and outlets purportedly spreading “disinformation” — announced on her LinkedIn “with enormous pride” that she was “stepping down.” The move comes on the heels of a funding shortfall amid impending legal...
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California has been losing population for the last two years due to high taxes and regulations. Up until now, most of the people leaving the state are just average people seeking greener pastures.Now the entertainment industry is starting to flee the state for many of the same reasons. What happens to Los Angeles when there is no more Hollywood? It’s a huge part of the city’s identity. (snip) None of this is going to change if they keep electing the same kind of leaders. Why do none of them understand this?
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Delaware’s new Governor has dismissed Texas and Nevada's attempts to steal companies incorporated in The First State. Matt Meyer, just two months into office, has already made significant changes to the state's corporate laws, including limiting shareholders’ ability to sue company founders. The rapid changes are an attempt to stem the tide of companies leaving Delaware to incorporate in other states — dubbed 'Dexit' — but critics argue it merely makes the state friendlier to billionaires. Tesla threatened to leave the state when Tesla was sued over the hefty pay package for Elon Musk. More than 60 percent of the...
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The president will direct agencies to boost coal leasing, mining and exports. But these steps are unlikely to usher in a coal renaissance.President Donald Trump plans to sign an executive order Tuesday aimed at boosting the struggling U.S. coal industry, according to White House officials.Flanked by coal miners wearing hard hats at the White House, Trump will direct federal agencies to loosen various restrictions on coal mining, leasing and exports. He will instruct the Interior Department to resume coal leasing on millions of acres of public lands, and he will order the Energy Department and other agencies to study whether...
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A bombshell report from a clean energy group admitted that shifting to solar and wind may mean chaos for New York’s power grid as the state’s green energy law creates hurdles for cost and reliability. The report from the New York Affordable Clean Power Alliance, which represents solar and wind energy firms, noted that the state’s timetable to phase out energy generated by fossil fuel is unrealistic — and even dangerous. “The New York City area is forecasted to experience a generation shortfall starting in 2033, driven by an increase in peak demand and the planned retirement of existing dispatchable...
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HARRISBURG, Pa. (AP) — With the promise of newer, cheaper nuclear power on the horizon, U.S. states are vying to position themselves to build and supply the industry’s next generation as policymakers consider expanding subsidies and paving over regulatory obstacles. Advanced reactor designs from competing firms are filling up the federal government’s regulatory pipeline as the industry touts them as a reliable, climate-friendly way to meet electricity demands from tech giants desperate to power their fast-growing artificial intelligence platforms. The reactors could be operational as early as 2030, giving states a short runway to roll out the red carpet, and...
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SACRAMENTO, Calif. — President Trump is vowing a new approach to getting homeless people off the streets by forcibly moving those living outside into large camps while mandating mental health and addiction treatment — an aggressive departure from the nation's leading homelessness policy, which for decades has prioritized housing as the most effective way to combat the crisis. "Our once-great cities have become unlivable, unsanitary nightmares," Mr. Trump said in a presidential campaign video. "For those who are severely mentally ill and deeply disturbed, we will bring them to mental institutions, where they belong, with the goal of reintegrating them...
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Nvidia, the world’s undisputed leader in chipmaking, says it will invest hundreds of billions of dollars over the next four years on its U.S.-based manufacturing operations — part of the manufacturing renaissance under President Donald J. Trump as he solidifies the U.S. as the global leader in artificial intelligence.“Having the support of an administration who cares about the success of this industry and not allowing energy to be an obstacle is a phenomenal result for AI in the U.S.,” said Nvidia CEO Jensen Huang.Here’s what they’re saying:Axios: “It’s another win for President Trump’s push to increase U.S. manufacturing, with a...
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In a major win for American industry, German multinational Siemens has announced a massive $10 billion investment in the United States, strengthening American manufacturing, AI, and job creation. At a time when weak leadership from the Biden administration has driven businesses and investments overseas, this announcement underscores the undeniable truth: America First economic policies—championed by President Donald Trump—are the key to reviving and expanding American manufacturing. Siemens’ expansion includes the opening of two high-tech manufacturing facilities in Fort Worth, Texas, and Pomona, California.
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