America’s manufacturing ramp-up, global banking trends, and how boards can manage AI risk

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Brought to you by Alex Panas, global leader of industries, & Becca Coggins, global leader of functional practices and growth platforms

Welcome to the latest edition of The Weekend Read. We hope you find our perspectives useful. Let us know what you think at Alex_Panas@McKinsey.com and Becca_Coggins@McKinsey.com.

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Catch up on the week’s latest insights on ramping up manufacturing in the United States, trends from the global banking industry in 2025, how boards can ensure effective oversight of AI, and more.

An American flag attached near the top of a tall construction crane waves in the wind. The crane rises against a cloudy blue sky, with its long arm extending outward.

The United States faces difficult trade-offs in deciding whether—and where—to rebuild manufacturing capacity at the massive scale required to reduce dependence on foreign production. McKinsey’s Rebecca J. Anderson, Jeffrey Condon, Olivia White, Eric Kutcher, Shubham Singhal, Mike Conway, Anu Madgavkar, and Camillo Lamanna probe how much US production ramp-up is needed to fully meet domestic demand.

Dive into the report

A metallic gyroscope spins on a thin red tread which bends slightly from the weight. The scene is set against a soft blue and white gradient background.

Record profits. Strong balance growth. Rising shareholder returns. Even with these global banking industry tailwinds in 2025, banks must move faster than ever to reinvent their business models and execution capabilities in the age of AI. Explore the biggest banking industry insights of 2025 as McKinsey’s Klaus Dallerup, Miklós Dietz, Pradip Patiath, Vik Sohoni, and Valeria Laszlo preview our Global Banking Annual Review 2026.

Preview the annual report

Boards are facing more pressure to manage AI risks as the technology increasingly becomes a growth opportunity for businesses. In a joint McKinsey and National Association of Corporate Directors discussion moderated by McKinsey Partner Rich Isenberg, cybersecurity leaders and board directors identify four priorities for effective AI oversight.

Manage AI risk

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Read the report

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—Edited by Nadia Wynter, editor, Washington, DC

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﻿Leslie Davis on serving communities as both payer and provider﻿

﻿Japan’s $100 billion opportunity in general-purpose robotics﻿

﻿Europe on the move: A conversation with Hitachi Energy’s CEO﻿

Leslie Davis on serving communities as both payer and provider

Japan’s $100 billion opportunity in general-purpose robotics

Europe on the move: A conversation with Hitachi Energy’s CEO