Thursday, Dec 26th
Last update12:37:01 AM GMT
It may seem like the country that used to make everything is on the brink of making nothing.
In January, 207,000 U.S. manufacturing jobs vanished in the largest one-month drop since October 1982. Factory activity is hovering at a 28-year low. Even before the recession, plants were hemorrhaging work to foreign competitors with cheap labor. And some companies were moving production overseas.
 The parent company of TGI Fridays, the casual dining chain, has filed for bankruptcy, the company... |
American employers added 254,000 jobs last month in the penultimate jobs report before the US election,... | ||
Boeing plans to lay off about 10% of its workers in the coming months, about 17,000... |
Donald Trump’s tiny social media empire has seen its extraordinary stock market rally wiped out by... |
