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Top tedmag.com News

Trump signs executive order raising tariffs on steel and aluminum imports to 50%

Donald Trump · United States

Trump signs executive order raising tariffs on steel and aluminum imports to 50%

41% Left coverage: 103 sources

President Donald Trump signed an executive order raising tariffs on steel and aluminum imports to 50% on Tuesday afternoon. See the Story

US job openings rose unexpectedly in April, a sign the American labor market remains resilient

Business · United States

US job openings rose unexpectedly in April, a sign the American labor market remains resilient

61% Center coverage: 66 sources

US economy shrank at 0.2% rate in first quarter

US Economy · United States

US economy shrank at 0.2% rate in first quarter

61% Center coverage: 62 sources

The US economy shrank by an annualised 0.2 per cent during the first quarter of 2025, according to revised official statistics that confirmed its first contraction since 2022. See the Story

ABB Acquires Bel Products - Electronic Products & Technology

75% Left coverage: 8 sources

ABB Electrification Canada Inc. has completed its acquisition of Bel Products Inc., a leading Canadian manufacturer of commercial, industrial and custom-made enclosures. This acquisition enhances ABB’s market presence in Canada and the U.S., expanding its product portfolio and enabling the company to leverage its manufacturing, warehousing and supply chain capabilities to better meet growing customer demand. The financial terms of the transactio…Canada · Canada See the Story

US Inflation Rate Cools

60% Center coverage: 20 sources

ECONOMYDonald Trump · United States See the Story

Border States Breaks Ground on New Distribution Center – tEDmag

The center is the first of its kind for the company and marks the beginning of Border States’ plan to open several similar facilities across the U.S. in coming years.United States · United States Read Article

ABC: Nonresidential Construction Spending Dips in April – tEDmag

Economic policy uncertainty remains a strong headwind for the industry, with the exception of data centers and certain public sector segments.Read Article

ETIM NA Appoints New Board Member – tEDmag

As the Director of Channel Management at Siemens, he brings to the role more than three decades of experience in the electrical industry.Read Article

RAB Earns NAED’s Industry Award Of Merit – tEDmag

CEO Ross Barna accepted the award at the NAED National Meeting.United States · United States Read Article

Wall Street Today – tEDmag

Here are the top stories about the economy and Wall Street for Monday, June 2 including stocks close their best month since 2023, China lashes out at the U.S. policy on computer chips, home sellers greatly outnumber home buyers, and Oreo sues Aldi for alleged trademark infringement.Economy · New York Read Article

Eaton Announces Leadership Changes – tEDmag

John Russler will succeed Molly Murphy as senior vice president for North American sales – Electrical Sector.United States · United States Read Article

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