Semiconductor Imports Face 100% Tariffs?
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 to Invest $200 Million in New Chandler, AZ Facility
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...
Final Land-Use Approval Clears Path for Massive $5.5b Resorts World Project in NY
Resorts World New York City has secured its final land-use approval for a $5.5 billion expansion at Aqueduct Racetrack, setting the stage to become the largest commercial casino in the U.S. if granted a downstate gaming license in December. The project will create...
New Colorado Law Targets Worker Misclassification, Unpaid Wages
Colorado’s new wage theft law ramps up penalties for employers who misclassify workers or withhold pay, benefits, or required breaks. House Bill 1001 expands enforcement to cover independent contractors, strengthens anti-retaliation protections, and increases fines....
Walz to Lead Minnesota Delegation to Germany and Switzerland in November
Minnesota Gov. Tim Walz will lead a Nov. 15–21 trade mission to Germany and Switzerland to strengthen economic ties and expand exports. The delegation will showcase the state’s medtech, manufacturing, agriculture, and higher education sectors at key stops in Berlin,...
Goldman Sachs Sees U.S. Economic Growth Slowing
Goldman Sachs warned the U.S. economy may slow further in the coming quarters, projecting final quarter GDP to be just 1.1% higher than at the same point in 2024 amid weak consumer spending, business uncertainty, and the impact of tariffs. The forecast follows July...
Vermaland to Bring $33B Data Center Industrial Park in Pinal County, AZ
Vermaland, LLC announced plans for a $33 billion, 3,300-acre data center industrial park in Pinal County, Arizona, set to be the largest such development in the U.S. The project, capable of supporting up to 3 gigawatts of power capacity, aims to position the...
BD to Invest $35M in Nebraska Syringe Manufacturing Expansion
Becton, Dickinson and Company will spend over $35 million to expand its Columbus, Nebraska facility, creating approximately 50 new jobs. The investment will increase production of BD PosiFlush Prefilled Flush Syringes, widely used in hospitals for catheter care, by...
ISM Data Shows U.S. Services Sector Stalls in July, Raising Economic Concerns
The U.S. services sector, which drives over two-thirds of the economy, barely grew in July 2025 as the ISM Services PMI slipped to 50.1%, signaling near-stagnation. Rising costs from tariffs, falling employment, and hiring freezes across industries like healthcare,...
Senators Push IDB Reforms to Expand Economic Opportunities for U.S. Firms
U.S. Sen. Dave McCormick, R-Pa., has introduced a bipartisan bill with Sen. Tim Kaine, D-Va., aimed at reducing China’s influence in the Inter-American Development Bank (IDB) and boosting economic opportunities for U.S. companies. The bill directs the U.S. executive...