U.S. manufacturing mired in weakness as tariffs bite

REUTERS/JOEL ANGEL JUAREZ/FILE PHOTO/FILE PHOTO Machinery assembles second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Ill., in June 2024. U.S. manufacturing remained sluggish in June, with new orders...

U.S. Manufacturing Continues To Struggle, Amidst Signs Of Jobs Resilience

Tuesday, July 1, 2025 1:36 PM EDT The ISM manufacturing index remains in contraction territory, but the job vacancy statistics are holding up fairly well and inflation pressures remain elevated. Fed Chair Powell, speaking in Portugal, continues to...

U.S. Manufacturing Index Inches Higher But Still Indicates Contraction In June

The Institute for Supply Management released a report on Tuesday showing a modest increase by its reading on U.S. manufacturing activity in the month of June. The ISM said its manufacturing PMI crept up to 49.0 in June from 48.5 in May, although a...

Iranian Cyber Attacks Targeting U.S. Infrastructure, Warns DHS

A coalition of top U.S. cybersecurity and intelligence agencies on Monday issued a stark warning: Iranian state-sponsored hackers and affiliated hacktivists are expected to ramp up cyberattacks targeting American defense systems, critical...

Key Tax Provisions in H.R. 1 Will Unleash American Manufacturing

WASHINGTON (July 1, 2025) – The American Chemistry Council (ACC) today released the following statement regarding Senate passage of H.R. 1. In addition, ACC joined more than 300 organizations, led by the National Association of Manufacturers, in a...

Toyota Motor North America Reports June, Second Quarter 2025 U.S. Sales Results

Second quarter electrified Toyota and Lexus sales make up over 46 percent of total sales volume 32 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2025 PLANO, Texas, July 1, 2025 -- Toyota...

Stocks Set to Open Higher Amid Trade Progress, U.S. Jobs Data and Powell’s Remarks Awaited

Trader 2 at NYSE by Orhan Akkurt via Shutterstock September S&P 500 E-Mini futures (ESU25) are up +0.47%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.70% this morning, pointing to a higher open on Wall Street amid optimism over...

$150 Trillion Mineral Wealth Could Transform U.S. Economy, Expert Says

(MENAFN- GetNews) Jim Rickards:“America isn't broke - we're sitting on a fortune.” WASHINGTON, D.C. - July 1, 2025 - As the U.S. grapples with a national debt exceeding $34 trillion, a massive $150 trillion in untapped mineral reserves beneath...

India reserves right to deter cross-border terror attacks, Rajnath tells Hegseth, thanks U.S. for support

Defence Minister Rajnath Singh on Tuesday, July 1, 2025, thanked the U.S. Secretary of Defense Pete Hegseth for the U.S. support during Operation Sindoor and told him that India reserved the right to pre-empt and deter cross-border terror attacks...

Lupin gets U.S. FDA nod for Loteprednol Etabonate Ophthalmic Gel

Generic drugmaker Lupin has received U.S. Food and Drug Administration approval for its abbreviated new drug application for Loteprednol Etabonate Ophthalmic Gel, 0.38% The approved product is bioequivalent to Lotemax SM Ophthalmic Gel of Bausch &...

Best TN Visa Job Categories for Quick Entry to the U.S.

The U.S. Work Visa Game: Who Gets to Cross the Border Fastest? Think of U.S. work visas as exclusive passes to a very high-end club. Some passes get you past the velvet rope in minutes, others mean waiting in line behind the velvet stanchions and...

Toyota Motor North America reports Second Quarter 2025 U.S. sales results

PLANO, Texas (July 1, 2025) – Toyota Motor North America (TMNA) today reported June 2025 U.S. sales of 193,248 vehicles, up 0.1 percent on a volume basis and up 8.4 percent on a daily selling rate (DSR) basis versus June 2024. Sales of electrified...

House China committee opposes timeline extension allowing CATL access to U.S. funds

John Moolenaar, Chairman, The Select Committee on the CCP | The Select Committee on the CCPJohn Moolenaar, Chairman, The Select Committee on the CCP | The Select Committee on the CCP The Select Committee on the Chinese Communist Party announced on...

India Eyes Russian Weapons Amid U.S. Threats – Will Trump Impose Sanctions?

New Delhi: India is not backing down. Russia is not slowing either. As Western leaders sound alarms, New Delhi and Moscow are in a quiet embrace, tightening their defense ties one deal at a time. In a high-profile engagement at the Shanghai...

Israeli drone tech company establishes U.S. headquarters, manufacturing facility in Tampa

Wall Street is split as Tesla and tech drop while most other U.S. stocks climb

New York – U.S. stocks are drifting in mixed trading on Tuesday as Wall Street’s momentum slows after setting record highs in each of the last two days. The S&P 500 was down 0.1% in afternoon trading and potentially on track for its first loss in...

U.S. Army taps Electra for hybrid-electric aircraft

Electra.aero, Inc. has secured a $1.9 million Small Business Innovation Research (SBIR) contract from the U.S. Army to advance its hybrid-electric powertrain and propulsion technology for potential use in current and future Army aviation...

U.S. Job Openings Unexpectedly Surge in May...As Federal Government Hiring Sinks

U.S. job openings rose more than expected in May, led by strong demand in the private sector, even as federal job postings and hires fell sharply—suggesting a labor market rebalancing in line with the Trump administration’s push to shrink the...

Manufacturers Feeling The Pressure From Tariffs As Well

Farmers aren’t the only ones that can have a difficult time navigating around tariffs. Equipment manufacturers often bring in their raw materials from other countries, and those materials can suddenly cost more than expected. "Yeah, I would say,...

Manufacturing PMI at 49%, wood sector contracts, furniture grows

TEMPE — Economic activity in the manufacturing sector contracted in June for the fourth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, say the nation's supply executives in the latest...