Rockwell Automation will invest $2 billion over the next five years in its U.S. manufacturing plants, workforce, and digital infrastructure, with most spending focused in Ohio and Wisconsin. The company has resumed hiring after last year’s job cuts, though no specific...

As part of a global restructuring, Merck plans to cut roughly 6,000 jobs to reduce expenses by $3 billion a year by 2027. A New Jersey WARN Act filing shows 58 positions will be lost at the Rahway campus, the company’s world headquarters. The cuts will hit...

The U.S. has extended its pause on additional retaliatory tariffs for Chinese imports until Nov. 10, citing “significant steps” from China in ongoing trade talks. The move follows a May agreement in which both countries reduced certain duties, easing tensions in their...

Seattle’s latest economic forecast shows improvement, with 2025 general fund revenue now projected at $1.63 billion, which is $62.8 million higher than earlier estimates. The brighter view comes as tariffs have so far had less economic impact than expected and lower...

Welspun Tubular LLC will invest $150 million to build a new Longitudinally Submerged Arc Welded (LSAW) line pipe mill and coating facility and coating facility at its Little Rock, Arkansas site, creating 300 jobs. The expansion will make it the only U.S. facility...

Apple is committing $100 billion to expand U.S. manufacturing, creating 20,000 jobs and launching its American Manufacturing Program to strengthen domestic supply chains. The initiative includes a $2.5 billion investment in Corning’s Kentucky facility and partnerships...

Wage growth in the U.S. is slowing, with the lowest-paid workers seeing the steepest drop, which is down to 3.7% in June from a 7.5% peak in late 2022, according to Federal Reserve Bank of Atlanta data. Pay for the higher-income workers American workers rose 4.7% in...

CEO confidence in the U.S. economy is rising, but more executives plan to cut jobs than hire in 2025. According to the new data, 93% of businesses are turning to automation and passing on tariff-related expenses to consumers. CEO expectations for workforce cuts over...

President Donald Trump announced plans to impose tariffs of about 100% on semiconductor imports, with details on timing and official guidance yet to be released. The move comes amid a Section 232 investigation into the national security and supply chain impacts of...

Applied Materials will invest $200 million to build a Chandler, Arizona facility that manufactures components for semiconductor equipment, reinforcing the U.S. chip supply chain. The project is expected to create 200 jobs in the next five years and strengthen...