Samsung invests $17 billion in Texas chip plant to curb supply chain issues

Texas 11/24/21, 16:11

Texas will receive its largest-ever foreign direct investment from Samsung, as the South Korean electronics giant builds a $17 billion semiconductor factory in the Lone Star State. Gov. Greg Abbott's (R) office announced Samsung will build a new semiconductor manufacturing facility in Taylor, lifting the multinational's total investment in Texas to ...

4.4 million Americans quit jobs in September: New record high

U.S. 11/13/21, 15:53

The number of American workers quitting their jobs reached 4.4 million in September, hitting an all-time high, the Labor Department revealed in data released on Friday, Nov. 12. The quits rate also increased to 3%, the highest since the department started collecting the data in the Job Openings and Labor Turnover ...

Border Patrol hires civilians to cope with migrant surge

Texas 09/19/21, 20:13

A massive influx of Haitian asylum seekers arriving at a small Texas city prompted a federal border protection agency to seek help from civilians. U.S. Customs and Border Protection (CBP) is hiring anyone who can help free-up agents at Del Rio, 240 miles southwest of Austin. CBP is offering about 1,200 border ...

North Dakota sues Biden admin for oil and gas lease moratorium

U.S. 07/11/21, 16:17

North Dakota sued the Biden administration on July 7 for not granting new oil and gas leases on public land. A document filed at the U.S. District Court for North Dakota's Western Division accused the moratorium of significantly hindering the local economy. The Peace Garden State is the nation's second-largest oil producing ...

Democratic Transport Secretary Buttigieg caught ‘misleading people’ with 19 million new jobs claim

Trending 04/12/21, 02:41

A Democrat, who advises the president on federal transport programs, allegedly misrepresented an infrastructure package's impact on unemployment. Transport Secretary Pete Buttigieg was caught significantly exaggerating how many jobs the Joe Biden administration's $2 trillion infrastructure bill would create. Buttigieg and President Biden had suggested the proposal would directly result in 19 ...

Most Americans want economic nationalist overhaul following CCP Virus crisis

U.S. 05/25/20, 06:28

Three-quarters of Americans are willing to pay more to buy “Made in USA” products over goods made overseas and a higher percentage of them want an economic nationalist overhaul in the wake of the CCP (Chinese Communist Party) Virus (coronavirus) crisis, a survey finds. According to a FTI Consulting survey, up ...

President Trump: ‘Great jobs coming back to America’

U.S. 10/01/19, 05:21

President Trump praised the announcements of new investments and new jobs in the auto and tech industries in the country. One of the investments is a $4 billion joint venture of auto giants Hyundai, Kia and Aptiv to develop driverless car technologies in the United States, bringing "great jobs" to Americans. "BIG ...

US employers added a stellar 312,000 jobs in December

Business 01/04/19, 07:27

U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. The Labor Department said Friday that the unemployment rate rose slightly to ...

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