China’s exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for export. Si Wei | Visual China Group | Getty Images BEIJING — Chinese businesses ranging from services to manufacturing reported a slowdown
Tag: economy
NEWYou can now listen to Fox News articles! The New York Times published a new episode of “The Ezra Klein Show” on Friday featuring an interview with Rana Foroohar, CNN’s global economic analyst and a Financial Times columnist. In the interview, Foroohar called for a ‘kinder’ and more environmentally friendly economy, and said inflation must
NEWYou can now listen to Fox News articles! Former Microsoft CEO Steve Ballmer, founder of USAFacts, joined “Special Report” on Monday to react to the state of the U.S. economy. USAFacts provides what it calls a non-partisan “data-driven portrait of the American population, US governments’ finances, and governments’ impact on society.” In that regard, Ballmer
Sep 2nd 2021 HAVING IMPRESSED the world by taming the virus last year, Vietnam is now in the middle of its worst outbreak of covid-19 by far. Parts of the country are in strict lockdown and a swathe of factories, from those making shoes for Nike to those producing smartphones for Samsung, have either slowed
The reason we should care about refugees is because they are people. But, unfortunately, for many people that is an insufficient moral claim. Even for the tens of thousands of Afghan people who put their lives in jeopardy working alongside the US military over the past 20 years. So let’s put it another way: Evidence
The numbers: Inflation in the U.S. rose sharply again in June and the increase over the past year remained at a 13-year high, raising the cost of living for consumers and casting a shadow over a strong economic recovery. The so-called PCE price index rose a sharp 0.5% in June, government figures show. It was
Construction of a proposed 2.9 million-square-foot distribution center along 155th Avenue immediately north of Interstate 80 and west of the Davenport Municipal Airport is already underway. The city of Davenport and the Quad Cities Chamber of Commerce will announce a major economic development project at a press conference Wednesday, according to a city media advisory. It
Back in November, the Planet Money newsletter reported that — despite a deadly pandemic and an ugly recession — America was seeing a boom in the creation of new startups. We spoke with University of Maryland economist John Haltiwanger, one of the leading scholars of business formation. Now Haltiwanger has a new study out, and
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 24, 2021 Supply can’t meet demand, housing edition We’ve periodically checked in on the housing market at The Morning Brief over the last year, and the story