The effects that a critical tweet from Trump can have on a company; hopes for a U.S. manufacturing rebound in 2017; and the possibility of an investment in Sheffield, England from China.
Is there any hope for a manufacturing rebound in 2017? The signs haven’t looked great, with the dollar strong and strengthening. A strong dollar makes U.S. exports more expensive. Factories actually shed jobs in 2016. But manufacturers say they’re optimistic that a domestic stimulus package — the kind of infrastructure spending plan that President-elect Donald […]
Content site Medium is laying off 50 people – a third of its workforce. Founder Evan Williams, who also co-founded Twitter, wanted Medium to be a site for great writing. But he said the ad-driven model is “broken,” emphasizing eyeballs, not quality. So he’s going to spend time and resources to find another model. What […]
Toyota is the latest company whose stock took a hit after the president-elect threatened to punish the carmaker for its plans to build Corollas in Mexico. Toyota’s planning to move production out of Canada, not the U.S. In any case, that makes Toyota his first foreign target for a tweet about tariffs. Michelle Krebs, a […]
The U.S. economy gained fewer jobs than expected in December, yet wages shot up. Chris Low, the chief economist at FTN Financial, joins us to discuss what all of these numbers mean. Next, we'll explore the story of a San Francisco Bay Area house that sold for $1, and talk about the price tag of repealing Obamacare.
The economy added 156,000 jobs last month, a number shy of expectations.
The effects that a critical tweet from Trump can have on a company; hopes for a U.S. manufacturing rebound in 2017; and the possibility of an investment in Sheffield, England from China.
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