59.3% of manufacturing leaders fear a recession is likely within 12 months
The National Association of Manufacturers conducted a survey titled, “Q2 2022 Manufacturers’ Outlook Survey”, asking the leading manufacturers for their opinions on recession, inflation, hiring and China competition legislation.
Inflationary pressures topped the list of the most worrisome concerns those surveyed had, 59.3% claiming they feared a recession was very likely in the next 12 months. 90.1% of respondents mentioned the increased raw material costs as a concern and 49.4% also cited a shortage of workers.
As financial markets reopened after the attempted assassination of Donald Trump, it became clear that the Trump trade is gaining momentum.
Sean O’Brien, Teamsters International president, is under fire from senior union members for agreeing to appear at the upcoming Republican national convention.
A recent Harris poll for The Guardian reveals widespread misconceptions about the U.S. economy. Most Americans (56%) believe the country is in a recession, but it's not
The Republican-led U.S. House of Representatives passed the Israel Security Assistance Support Act on Thursday, pushing President Biden to send weapons to Israel more quickly.
Former President Trump is collaborating with the oil industry to overturn President Biden's fossil fuel regulations if he wins in 2024.
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.
TikTok has filed a lawsuit challenging a new federal law that could force its Chinese parent company, ByteDance, to sell the app or face a ban in the U.S.
The Biden administration is gearing up to make a historic shift by planning to reclassify cannabis under federal law.
President Joe Biden recently signed a $95 billion national security package that includes a provision potentially banning TikTok, but with a critical timeline extension.
FBI Director Christopher Wray recently highlighted a serious cyber threat from Chinese government-linked hackers, known as Volt Typhoon, in a speech at the 2024 Vanderbilt Summit on Modern Conflict and Emerging Threats.
U.S. Treasury Secretary Janet Yellen recently wrapped up a series of meetings in China, where she firmly addressed the issue of Chinese overproduction and its impact on global markets.
The House Freedom Caucus is shaking things up with their demands for funding the reconstruction of Baltimore's Francis Scott Key Bridge.
There's a nationwide movement to revise child labor laws, with some states aiming to loosen them and others to tighten.
The Biden administration just rolled out a regulation that’s all about boosting the sales of electric or zero-emission heavy vehicles, like school buses and cement mixers.
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After the recent collapse of the Francis Scott Key Bridge in Baltimore due to a container ship collision, resulting in six deaths, President Biden announced the federal government's commitment to fully fund the bridge's reconstruction.
The US Justice Department and multiple states are suing Apple, accusing it of monopolizing the smartphone market.
Senator Bernie Sanders introduced legislation to cut the standard U.S. workweek from 40 to 32 hours over four years, without reducing pay.
Senator Rand Paul (R-Ky.) is opposing a unanimous passing of a bill, requiring Democrats to spend more time on it before a roll-call vote.
Former President Donald Trump expressed concerns about the proposed ban on Chinese-owned social media app TikTok in the United States during an interview on CNBC's "Squawk Box" on Monday.
Joe Biden visibly relished his time as president, evident in his leisurely stroll down the House chamber aisle, shaking hands and snapping selfies with attendees.
The U.S. House of Representatives is speeding up a vote next week on a bill that would force China's ByteDance to sell off TikTok within six months or face a U.S. ban.
The US House of Representatives passed a $467.5 billion spending package to avoid a government shutdown, covering various sectors like agriculture and veterans' affairs.
A bipartisan group of U.S. lawmakers has introduced legislation to push China's ByteDance, owner of TikTok, to divest the app within six months or face a U.S. ban due to national security concerns over its Chinese ownership.
Texas Attorney General Ken Paxton accused President Joe Biden of aiding Mexican cartels by halting deportations.
Some Trump-supporting truckers are boycotting deliveries to New York City following the former president's $355 million fraud fine.
Juanita Martinez, the chair of the Maverick County Democratic Party, engaged in a heated discussion with a Texas National Guard member at the closed Shelby Park.
Former President Trump criticized UAW President Shawn Fain for endorsing President Biden, claiming that Fain lacks an understanding of the automobile industry's future.
During a long-anticipated visit to the U.S.-Mexico border in Arizona, Kamala Harris made it clear that border security is a top priority for her.