U.S. Job Market Pressures Weigh on Young College Graduates
The U.S. job market is tightening for recent college graduates, with bachelor’s degree holders making up one-fourth of total unemployed Americans and facing fewer entry-level opportunities. Layoffs are rising, with big companies cutting thousands of jobs and overall...
Flash Manufacturing PMI: U.S. Manufacturing Growth Slows, But Optimism Rises
The S&P Global Flash U.S. Manufacturing PMI fell to 51.9 in November, a four-month low, driven by weaker factory production and declining new and export orders. Inventories hit record highs and supplier delivery times lengthened, signaling challenges for...
Lawsuit Seeks to Block 1,037-Acre Data Center in Yorkville, IL
In Yorkville, Illinois, a new lawsuit seeks to halt Project Cardinal, a 14-warehouse, 1,037-acre data center, over concerns that it will create excessive noise and lower property values for nearby residents. The city and developers, Pioneer Development, LLC, argue...
Amazon to Invest $15B in Indiana AI Data Centers
Amazon will invest $15 billion in multiple northwest Indiana data center campuses to support artificial intelligence workloads, creating roughly 1,100 permanent tech jobs and thousands of construction roles. The project includes a special power arrangement to prevent...
Auto Supplier Yanfeng to Close Romulus, MI Facility, 192 Jobs Impacted
Global automotive supplier Yanfeng will permanently shut its Romulus, Michigan production facility, resulting in 192 layoffs as work is shifted to other company sites. The affected employees include assembly operators, material handlers, and quality auditors. Yanfeng...
Monterey County, CA Agriculture Generates $11B for Local Economy
A new report shows Monterey County agriculture contributed over $11 billion to the local economy in 2023, supporting 81,315 jobs. The sector accounts for 16.3% of the county’s total economic output, making it the largest economic driver in the region. The study...
BelGioioso Cheese to Invest $23M to Expand New York Operations
BelGioioso Cheese will invest over $23 million to upgrade its Glenville and Campbell facilities, creating at least 30 new jobs and using an additional 100 million pounds of milk from New York dairy farmers. The expansion, supported by state and local incentives, will...
AstraZeneca to Invest $2B in Maryland Manufacturing Expansion
British drugmaker AstraZeneca will invest $2 billion to expand its Frederick biologics plant and establish a new clinical manufacturing site in Gaithersburg, Maryland. The projects will create 300 new jobs and enable the production of rare disease products and medical...
FedEx to Cut 856 Jobs in Texas Coppell Facility Closure
FedEx will close its Coppell, Texas supply chain facility, resulting in 856 job losses due to a major customer moving operations to another provider. The layoffs, set to begin January 16, 2026, will continue through April 29, 2026. Affected employees will receive...
Core Wholesale Prices Post Smaller-Than-Expected Gain
U.S. core wholesale prices in September rose just 0.1%, below expectations and signaling potential easing in pipeline inflation pressures, according to the Bureau of Labor Statistics. Producer price index increased 0.3% for the month, driven largely by a sharp 0.9%...