US industrial output jumps in July on solid manufacturing gain

US industrial output jumps in July on solid manufacturing gain

This post was originally published on this site A solid rebound in American manufacturing, especially vehicles, following two months of declines, help push overall industrial production up in July, the Federal Reserve said Tuesday. A massive 6.6 percent surge in motor vehicle and parts production was a key driver the...

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Biden Signs $280B CHIPS Act In Bid To Boost U.S. Over China

Biden Signs $280B CHIPS Act In Bid To Boost U.S. Over China

This post was originally published on this siteThe legislation sets aside $52 billion specifically to bolster the U.S. computer chip sector.

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GM Profit Tumbles 40% on China Loss, Parts Shortage

GM Profit Tumbles 40% on China Loss, Parts Shortage

This post was originally published on this siteThe auto maker’s weaker results reflect ongoing challenges with supply-chain disruptions, including a multiyear shortage of semiconductors.

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The Senate is nearing a deal on immigration that could also lower food prices

The Senate is nearing a deal on immigration that could also lower food prices

This post was originally published on this site Two Senators are closer then ever before on an immigration-related bill that would provide a much-needed workforce for agriculture. But can they get the Farm Bureau on board the final sticking point? (Image credit: Craig F. Walker/The Boston Globe via Getty Images)

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Baby-Formula Shortage Deepens, Defying Replenishment

Baby-Formula Shortage Deepens, Defying Replenishment

This post was originally published on this siteOut-of-stock levels remain high in U.S. stores: “Until those shelves are full, the crisis continues.”

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Ukraine war: Deal in sight to end Ukrainian grain blockade – Turkey

Ukraine war: Deal in sight to end Ukrainian grain blockade – Turkey

This post was originally published on this siteRussia’s blockade has seen exports collapse and raised fears of food shortages in developing nations.

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West Coast port dispute poses latest threat to supply chain

West Coast port dispute poses latest threat to supply chain

This post was originally published on this siteA labor contract between shipping companies and West Coast port workers is set to expire Friday, raising fears of a walkout that could exacerbate supply chain disruptions and product shortages. Both sides have maintained that port workers will continue to process cargo even...

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House lawmakers hold hearings into the baby formula shortage

House lawmakers hold hearings into the baby formula shortage

This post was originally published on this siteNPR’s Leila Fadel talks to Rep. Rosa DeLauro about a House panel hearing that questioned why it took the FDA four months to issue warnings about baby formula that didn’t meet safety requirements.

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FDA chief to detail delays inspecting baby formula plant

FDA chief to detail delays inspecting baby formula plant

This post was originally published on this siteFederal plans to inspect a baby formula factory linked to the nationwide shortage were slowed by COVID-19, scheduling conflicts and other logistical problems,

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