Buy America policy boosts Wisconsin factory jobs for Nokia
Vice President Harris announced up to 200 new manufacturing positions in Wisconsin at a Sanmina facility in Kenosha County. The plant will produce parts for Nokia to support broadband expansion, part of a US effort to meet Buy America requirements under the 42.5 billion public internet investment. Nokia worked closely with the Commerce Department to ensure domestic sourcing, stressing the need for American-made materials and labor to satisfy infrastructure law preferences.
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Biden repeats playback of his politics in 2024 push
President Biden leans on repeating his core messages to shape the 2024 campaign, arguing this is needed to cut through clutter and build recognition. Officials cite sevenfold exposure as key to persuasion while highlighting economic aims and supply chain talks with Nokia and other actions.
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Food price surge after grain deal exit and rice export bans
FAO notes global food prices rose 1.3 percent in July as rice and vegetable oil costs climbed after Russia left the wartime grain corridor and India restricted certain non Basmati white rice exports. Wheat also edged up 1.6 percent, with rice prices up 2.8 percent month over month and 19.7 percent year to date amid supply concerns and El Niño impacts.
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Wall Street slips to end a rare losing week
Stocks fell on Friday as mixed U.S. job data and tech stock weakness pushed major indexes lower. The S&P 500 dropped 23.86 to 4478.03, the Dow fell 150.27 to 35065.62, and the Nasdaq slipped 50.48 to 13909.24, as yields rose after a softer than expected jobs report with wage gains rising.
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