Latest in February Manufacturing Stays Stable, Though Tariff Storm Looms
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February Manufacturing Stays Stable, Though Tariff Storm Looms
The Institute for Supply Management said output remained fairly steady, but tariffs on raw materials threaten U.S. growth.Inc. - 8h -
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Deadline looms for Trump’s Canada, Mexico tariffs
Plus: RFK Jr. touts measles vaccine amid outbreak {beacon} 12:30 REPORT It’s Monday. This is a big week in Washington with President Trump’s Tuesday evening joint address to Congress. Reminder: ...The Hill - 6h -
Chinese manufacturing returns to growth despite threat of higher Trump tariffs
Fastest expansion in three months as new orders rise at Chinese factories. China’s manufacturing activity expanded at the fastest pace in three months in February, despite the looming threat that ...The Guardian - 1d -
FirstFT: TSMC to invest $100bn in US manufacturing in attempt to ward off tariffs
Also in today’s newsletter, Singapore probes suspected fraud in sales of US-controlled Nvidia chips, and 7-Eleven owner set to replace its leaderFinancial Times - 2h -
German inflation stays unchanged at hotter-than-expected 2.8% in February
The February print compares to a 2.7% estimate from economists surveyed by Reuters.CNBC - 3d -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
Ontario heads to polls for snap election in face of looming Trump tariffs
Premier Doug Ford called for the early vote, arguing he needs ‘strong mandate’ in case of US-Canada trade war. Voters in Canada ’s most populous province head to the polls on Thursday to elect a ...The Guardian - 4d -
Trump’s tariffs loom suddenly through the fog of trade war
In the US president’s mind, the trade instruments blur into one anotherFinancial Times - 12h -
Manufacturers boost durable-goods orders ahead of tariffs, but industry slump hasn’t ended
A key measure of business orders rose in January for the third month in a row, but it’s likely the sudden improvement reflects businesses rushing to buy parts and supplies ahead of potential U.S. ...MarketWatch - 4d -
Block's 28% plunge in February leads fintech sell-off, while Stripe shows benefit of staying private
Fintech stocks plummeted in February, paced by Block's drop, but Stripe's valuation soared to a near-record high in the private market.CNBC - 3d -
Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.CNBC - Feb. 24 -
Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 3d -
Apple expands India manufacturing
Also in this newsletter: better-off Indians’ growing reliance on borrowing, and foreign direct investment shrinksFinancial Times - Feb. 21 -
Trump administration backtracks from latest Musk storm
The Trump administration on Monday appeared to be quickly retreating from Elon Musk's demand that all federal workers send an email by the end of the day highlighting their achievements or resign. ...The Hill - Feb. 24 -
Trump keeps toying with a third term — even though the Constitution forbids it
A coterie of Trump loyalists is in the early phase of a campaign to rewrite the Constitution so that he can serve another term.NBC News - 5d -
Pope Francis remains ‘critical but stable’ in hospital with pneumonia
Pontiff has carried on with work, including holding a meeting in hospital to approve two people for sainthood. Pope Francis, who has been in hospital for 12 days battling pneumonia and other ...The Guardian - 6d -
Pope is 'stable' after breathing crisis, Vatican says
The Pope has been battling pneumonia for two weeks and suffered an "isolated" breathing crisis on Friday.BBC News - 2d -
Pope Francis is stable, but the Vatican has no prognosis
Doctors in Rome gave an update on Pope Francis' health Saturday, saying he stable, alert and aware following Friday's respiratory crisis. The 88-year-old has been in the hospital for 15 days. Seth ...CBS News - 1d -
Pope Francis' condition remains 'stable,' Vatican says
Pope Francis' clinical condition remains "stable" on Sunday, the Vatican said.ABC News - 1d -
Apple to build AI server manufacturing factory in U.S.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence ...CBS News - 6d -
TSMC to announce $100B investment in US chip manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) plans to announce a $100 billion investment in U.S. chip manufacturing plants on Monday, the White House confirmed. The multibillion-dollar ...The Hill - 7h -
Major storm to bring severe weather and create critical wildfire risk for millions
Spring may almost be here but winter still has a sting in its tail, with a "robust winter storm" set to bring severe weather and potential power cuts to millions across much of the country this ...NBC News - 12h -
New storm bringing blizzard conditions to Heartland, tornadoes to the South
A strengthening storm system will move across the country this week, bringing blizzard conditions to the Heartland and tornadoes and damaging winds to the South.ABC News - 8h -
Rules for Staying Close to Exes
Never talk about sex. Especially the sex you had with each other.The New York Times - 3d -
Pope Francis remains in stable condition, a day after respiratory crisis
Pontiff, 88, spends long periods off noninvasive ventilation, showing improving lung function as he battles pneumonia. Pope Francis remains in stable condition a day after a respiratory crisis, and ...The Guardian - 2d -
Pope Francis, stable in hospital, thanks well-wishers for support
Pope Francis, in a stable condition as he battles pneumonia in hospital for the 17th day, met two Vatican officials on Sunday and offered thanks to well-wishers for their prayers and support in a ...NBC News - 1d -
Almanac: February 23
"Sunday Morning" looks back at historical events on this date.CBS News - Feb. 23 -
Hormel’s stock boosted by revenue beat, though challenges lie ahead with turkeys and nuts
The company said it continues to “recover from the snack nuts supply disruption” that impacted Planters nuts.MarketWatch - 4d -
Big challenges loom in starkly divided country
Germany is at a crossroads and now for Friedrich Merz the hard work begins, writes Berlin correspondent Jessica Parker.BBC News - Feb. 24 -
Deadline looms for federal workers over Musk’s demand
President Trump praised Elon Musk’s demand for federal workers to outline in an email what they accomplished last week – or face dismissal. But there is also confusion after the Trump ...NBC News - Feb. 25 -
Minister backs expansion of airports as Gatwick decision looms
A decision is expected later this week on whether Gatwick airport has won permission to expand its operations.BBC News - 6d -
Musk business entanglements loom over CFPB siege
Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s push to dismantle the Consumer Financial Protection Bureau (CFPB), The ...The Hill - 5d -
Troubles loom for Johnson on Trump budget bill
Speaker Mike Johnson (R-La.) notched a significant win Tuesday night when he muscled the House GOP’s budget resolution through the chamber in a stunning — and dramatic — vote, flipping a trio of ...The Hill - 5d -
Maher's impact 'phenomenal' as PWR semi looms
American superstar Ilona Maher has had a huge impact on PWR, and now she will look to shine in the semi-final between Gloucester-Hartpury and Bristol Bears.BBC News - 3d -
Maryland city offers $20,000 to relocate to former manufacturing hub
Cumberland, Maryland, is one of more than 70 places that have paid people to relocate over the past five years.CBS News - 6d -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 5d -
USAID freeze slams American manufacturer of item that saves babies' lives
In the weeks since the White House began targeting USAID for closure, services to a variety of life-saving causes have faltered.CBS News - 2d
