US Steel closing Detroit steel mill, laying off 1,500 workers
US Steel is closing a mill near Detroit, laying off workers and cutting its dividend. The troubled company is trying to reverse operating losses it now forecasts for the fourth quarter.
manufacturing and engineering
Websites stop promoting plantation weddings
In response to urging by a civil rights advocacy group, Pinterest and The Knot Worldwide, which owns prominent wedding platforms WeddingWire and the Knot, recently announced they were changing the way they feature wedding venues that romanticize former slave plantations.
Why American jobs could bounce back
October wasn't a great month for American jobs. But a large General Motors strike has ended, and the US labor market is expected to have found its footing again.
Former Treasury Secretary questions Trump tariffs
Former US Treasury Secretary Larry Summers says President Donald Trump's love affair with tariffs is backfiring. And he's not surprised at all.
With manufacturing slowing down, Trump ratchets up trade wars
President Donald Trump has escalated trade tensions across the globe by imposing tariffs on foreign steel, threatening tariffs on allies like the European Union and engaging in a tit-for-tat trade war with China that has hurt American farmers.
US manufacturing sector contracts fourth month in a row
The American manufacturing sector keeps shrinking. The trade war is heating up again. That's not a good recipe for investor confidence: The US stock market is in the red on Monday
Trump to 'restore' steel, aluminum tariffs on Brazil, Argentina
President Donald Trump announced Monday that the US will "restore" steel and aluminum tariffs on Brazil and Argentina, citing a "massive devaluation of their currencies."
Global car sales set for terrible year
Global manufacturing has been a drag on the world economy all year. A recovery could be around the corner, but only if conditions are right.
9-year-old genius to graduate university
A child prodigy from Belgium is on course to gain a bachelor's degree at the tender age of 9.
America's manufacturing sector slowed for a third month in October
American factory activity slowed for the third month in a row in October.
