Markets Slide as Interest Rates Rise
Morning Business Memo… The first three day slide for the Dow Jones index this year … a 6.4 percent plunge for Japan’s Nikkei index overnight… a vicious sell-off for bonds in the past few weeks. After months of smooth sailing fear and volatility have returned… Read More »
EmailMexican Company Outsourcing Jobs to the United States
Within in the next three years, one out of three babies born in the United States will be Hispanic. Hispanic American families have become a force, soon spending $1.5 trillion a year on goods, creating jobs for the companies that jump on the opportunity. While… Read More »
Demand for American-Made Products Growing in Mexico
There is surprising cargo showing up on trains in Mexico. Straight from Dearborn, Mich., Ford vehicles are heading into Mexico City, where demand is high among Mexico’s growing middle class. It’s the quality, locals say, that they’re after. Vehicles like the Ford Escape travel for… Read More »
Teen’s 10-Mile Walk to Interview Lands Job Offer
Jhaqueil Reagan is a man of his word. “If I say I’m going to be somewhere, I’m going to be there no matter what,” the 18-year-old from Indianapolis told ABCNews.com today. For Reagan, that “somewhere” is now a full-time job after nearly six months of… Read More »
Walmart to Boost US-Made Products
Walmart announced today that it is increasing the sourcing of U.S. products by $50 billion over the next 10 years, hoping to boost U.S. manufacturing and jobs. Walmart, based in Bentonville, Ark., is the largest retailer and private employer in the U.S. with 4,601 stores… Read More »
‘Made in America Christmas’: Pledge to Spend $64 on US Gifts This Holiday
In the 1960s, nine out of 10 holiday gifts that Americans bought were made in the U.S. But these days, more than half of what Americans purchase for the holidays is made overseas. So with U.S. shoppers expected to spend more than $700 this holiday… Read More »
U.S. Businesses Find Loyal Customers Among Mexico’s Middle Class
The hottest label for Mexico’s new middle class seems to be “Made in America.” Nearly 1,120 miles away from Dallas — where the Usry family not only welcomed ABC News into its home but also let it remove everything not made in the U.S. —… Read More »
US Manufacturers Get Boost From Overseas Customers
A few years ago, Signature Systems Group, which makes portable flooring and fencing products, had $10 million in annual sales and only sold its products in the U.S. Now, more than half of the Bronx, N.Y., company’s customers are overseas, annual sales have reached $70… Read More »
Made in America: Bibbitec
Bibbitec was created by Susie Taylor and her husband, Steve, after a messy plane ride with their kids. “My kids were a mess, I was a mess and I had nothing left but wet stick gross clothes,” Taylor said. In the moment of desperation, Taylor… Read More »
Leg-Baring Auto Mechanics Chose Made-in-America Kilts
If you wander into a certain auto shop in Oklahoma, you may be a little taken aback by the view: two men working on cars in kilts. “It was mainly that we were looking for an alternative for the heat,” said David O’Brien, the owner… Read More »
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