Latest in Manufacturers Report Fall
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US manufacturers report fall in orders as growth expectations tumble
Data fuels fears that the economy is losing momentum as tariffs loomFinancial Times - 9h -
Apple expands India manufacturing
Also in this newsletter: better-off Indians’ growing reliance on borrowing, and foreign direct investment shrinksFinancial Times - Feb. 21 -
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 - Feb. 24 -
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 - 14h -
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 - Feb. 24 -
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 - 3d -
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 -
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. - 14h -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 5d -
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 shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - Feb. 21 -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - Feb. 21 -
Why 'Severance' would fall flat with the American workforce
While there’s no polling data asking about whether we’d be willing to become “severed,” don’t expect Americans to clamor for it any time soon.The Hill - Feb. 21 -
Why ‘Trump regime refugees’ are falling in love with Madrid
Americans are finding a haven in Spain where their spending power goes a long wayFinancial Times - Feb. 22 -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23 -
Alibaba’s stock falls on expensive AI-investment pledge
The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.MarketWatch - Feb. 24 -
Bitcoin falls below 90K in 3-month low
Bitcoin fell below $90,000 on Tuesday, marking a three-month low for the popular cryptocurrency. The price of Bitcoin dropped more than 8 percent to $87,262 as of Tuesday afternoon, according to ...The Hill - 6d -
Super Micro shares fall ahead of filing deadline
If Super Micro fails to file the reports, its stock could be delisted from Nasdaq.CNBC - 6d -
Tesla shares slump after European sales fall
Shares in the US electric carmaker dropped after European sales halved in January.BBC News - 5d -
Trump: GOP senator had 'close call' with fall
President Trump weighed in on the recent head injury sustained by Sen. Kevin Cramer (R-N.D.) after he slipped and fell on ice during a trip home, wishing him a speedy recovery but noting the ...The Hill - 5d -
Japan births fall to lowest in 125 years
Number of babies born declines 5% despite efforts to boost fertility rateFinancial Times - 5d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 4d -
Nvidia shares fall 9% on tariff fears
The company's stock price is down 13% since it reported earnings last Wednesday.CNBC - 9h -
Stocks fall as Trump’s tariffs take effect
China and Canada retaliate as fears deepen over global trade warFinancial Times - 1h -
3/3: The Daily Report
Lindsey Reiser reports on the continuing fallout of Friday's tumultuous meeting between President Trump and Ukraine's Volodymyr Zelenskyy at the White House, new 25 percent tariffs on Canada and ...CBS News - 5h -
'History Matters,' a posthumous essay collection by David McCullough, will be published this fall
A collection of essays by the late David McCullough, including some never published before, will be released this fallABC News - Feb. 18 -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - Feb. 21 -
Jack Draper falls to Andrey Rublev in Qatar Open final
British No 1 beaten 7-5, 5-7, 6-1 but up to 12th in rankings Andreeva, 17, becomes youngest WTA 1000 title winner Andrey Rublev was tested early on but finished in style to beat Britain’s Jack ...The Guardian - Feb. 22 -
Market winners can fall hard — as investors in these favorite stocks found out
‘Magnificent Seven’ investors, take note.MarketWatch - Feb. 24 -
Chance of giant asteroid hitting Earth in 2032 falls to 0.0017%
Asteroid 2024 YR4 had reached a 3.1% likelihood of impact but further data has rendered it negligible. It was a discovery that lead to panic-inducing headlines: a giant asteroid found to be ...The Guardian - Feb. 24 -
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Keith Urban to headline new CBS singing competition series this fall
"CBS Mornings" exclusively revealed Keith Urban as headliner of "The Road," a new singing competition series airing on CBS this fall.CBS News - 6d -
Trump’s ‘DJT’ stock falls for seventh straight trading session
Trump Media & Technology Group Corp.’s stock fell for its seventh trading session in a row, as worries about inflation and consumer strength continued to weigh on the broad market.MarketWatch - 6d -
Senate Republican recovering at home after being hurt in fall
Sen. Kevin Cramer (R-N.D.) said he is recovering at home after suffering a concussion and “brain bleed” following a fall on the ice during a weekend trip home to North Dakota. “While walking on the ...The Hill - 6d -
Falling Treasury yields signal that Trump policies are starting to spook investors
U.S. government debt rallied aggressively overnight and into Tuesday’s trading session, pushing yields below key technical levels in a way that appeared to be shaking confidence in the broader market.MarketWatch - 6d -
Why did Tesla sales fall for the first time in 12 years?
Elon Musk's company, Tesla, saw its sales fall by 1% in 2024, despite global electric vehicle sales rising 7.3%. It marked the first time the company's annual sales have fallen in 12 years. CBS ...CBS News - 6d -
US stocks fall as consumer confidence sinks most in four years
Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economyFinancial Times - 6d -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - 6d
