Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Federal Reserve looks for 'secret sauce' behind a...
Politics

Federal Reserve looks for 'secret sauce' behind a successful Wisconsin tool maker

Federal Reserve looks for 'secret sauce' behind a successful Wisconsin tool maker
NPR Business Friday 17 July 2026, 08:43 UTC By Scott Horsley 1 min read
Key Points

For more than a century, Wisconsin's Snap-On Tool company has been producing high-end tools for professional mechanics. This week, the president of the Chicago Federal Reserve Bank paid a visit to the company's headquarters, to sample its secret sauce of innovation and domestic manufacturing.

For more than a century, Wisconsin's Snap-On Tool company has been producing high-end tools for professional mechanics.  This week, the president of the Chicago Federal Reserve Bank paid a visit to the company's headquarters, to sample its secret sauce of innovation and domestic manufacturing.

Federal Reserve (ORG) Wisconsin (LOCATION) the Chicago Federal Reserve Bank (ORG)
Originally published by NPR Business Read original →

Related Stories

Ukraine steps up attacks on Russia’s Black Sea fuel network

Ukraine struck 12 vessels belonging to Russia’s shadow fleet in the Black Sea on Thursday night, the commander of the Unmanned Systems Forces, Robert Brovdi, announced on Telegram. The attacks aim to prevent Russia from supplying fuel to the occupied regions of Eastern Ukraine and Crimea and curb its effort to circumvent sanctions, Brovdi explained. “The goal is incurable paralysis of oil, fuel, cargo logistics in circumvention of sanctions,” the commander wrote.

Politico EU 18m ago

Global equity funds draw inflows for the eighth week on earnings optimism

Global equity funds draw inflows for the eighth week on earnings optimism July 17 : Global equity funds attracted inflows for an eighth consecutive week through July 15, as investor risk appetite was lifted by a strong start to the earnings season and cooler U.S. inflation data that eased expectations of Federal Reserve rate hikes. Investors made net purchases of $12.46 billion in global equity funds during the week, following a hefty $48.35 billion in net buying the previous week, LSEG...

Channel News Asia 18m ago

When will Andy Burnham become prime minister?

When will Andy Burnham become prime minister? The former Manchester mayor will be soon be handed the keys to Number 10 - Bookmark - CommentsGo to comments Andy Burnham is set to become Britain’s next prime minister after running to lead the Labour Party unopposed following the resignation of Sir Keir Starmer. The fast-paced sequence of events will see the former Manchester mayor in office just under a month after Sir Keir announced his intention to stand down.

The Independent UK 19m ago

GovTech layoffs not part of wider restructuring in public service: PSD

GovTech layoffs not part of wider restructuring in public service: PSD "Significant restructuring is undertaken only where necessary, in response to fundamental changes in an operating agency's operating environment, mission or operating model," said the Public Service Division. The recent layoffs at the Government Technology Agency of Singapore (GovTech) are not part of a broad-based restructuring exercise across the public service, the Public Service Division said on Friday (Jul 17).

Channel News Asia 22m ago