Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/jb8z1oOL58 ...

Our next guest is going to share his view on tariffs, supply chain, small business, and much more. Want to welcome Port of Los Angeles executive director Jean Seroka. Gan, thanks for being here this morning.I I know it's been a bit of a crazy year. I think you yourself have called this a roller coaster year because of the tariffs and other impacts. What's that meant in terms of shipping coming into this country.>> Good morning, Becky. It's been unbelievable. And a roller coaster is probably the right descri ...

Industry Focus - Politicians worldwide are overly focused on factories [1] - This focus is based on misconceptions and could be counterproductive [1]

If we want to fix our social issues, domestic social issues, we have to create prosperity not just for people with PhDs and college degrees, we have to create prosperity for every segment of the economy. And so the largest segment of the economy is manufacturing. And we've offshored that for too long, for 20 years.We got to bring that back. And we have the ability to do so. And this AI industrial revolution, this flash point is precisely when we should do it because it allows us, it it created a company cal ...

Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/NMIMKCg7Pm ...

Consumer Sentiment - Consumer sentiment improved slightly, coming in at 51, surpassing the street's expectation of 50.3, although lower than the previous 53.6 [1][2] - Current conditions were reported at 51.1, missing expectations of 52.3, while consumer expectations were at 51, exceeding the forecast of 49 [2][3] - One-year inflation expectations decreased to 4.5%, down from 4.6%, and better than the anticipated 4.7% [3] Economic Indicators - S&P Global Flash PMI showed services at 55 and manufacturing at 51.9, indicating a mixed economic outlook [6][7] - Manufacturing remains weak but is not in contraction, while services exceeded expectations [6][7] - New orders in the services sector spiked significantly, marking the largest rise since 2024, suggesting potential demand growth [8] Commodity Market - Oil prices are under pressure, currently at $57 per barrel, influenced by geopolitical developments regarding Ukraine and Russia [11][19] - Lithium prices may be affected by the reopening of a mine in China, which accounts for about 3% of global supply, potentially easing supply constraints [12][13][16] - The overall commodity market is experiencing varied narratives, with different factors influencing prices across sectors [17][18]

Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/OyDcy5BSn0 ...

Make America great again. >> Donald Trump's attempt to make [music] America great again could cost it its influence here in Asia, the world's fastest growing region. Bloomberg Economics says Asia is set to comprise almost 60% of the global economy by 2050.[music] That's compared to just 11% for the US when measured in so-called purchasing power parity terms. And faced with Trump's belligerent tariffs, Asian nations are finding ways to work together to get around his America first policies. Longtime rivals l ...

The seat of power? America used to manufacture lots of furniture. Now, @annie_crabill tells “The Intelligence”, Donald Trump wants the country to make chairs again. Listen here https://t.co/2DLwoGSNQb https://t.co/vYdc3GJQgo ...

“We’re on the verge of a design revolution — where you can pull an idea straight from your mind, shape it with your hands in 3D space, and print it into existence. That’s the future of manufacturing.” – Elon Muskhttps://t.co/AfRiTbISY5 ...