India wants to become the top manufacturing alternative to China. But first it needs to beat Vietnam

Workers at the Lava mobile phone manufacturing facility in Noida, India.  Hindustan Times | Hindustan Times | Getty Images India wants to be the top manufacturer in Asia as companies shift away from China, but first it needs to lower taxes and improve supply chain efficiency if it wants to dethrone Vietnam. The U.S. has … Read more

As the market enters correction territory, don’t blame the US consumer

An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the … Read more

UAW strike brings blue collar battle, Bernie Sanders to Detroit

DETROIT — The United Auto Staff strike is bringing a blue-collar versus billionaire battle to the Motor Metropolis, simply as UAW President Shawn Fain needed. The outspoken union chief has weaponized placing — traditionally a final resort for the union — after lower than 24 hours into a piece stoppage arguably higher than any UAW … Read more