China Factory-Gate Prices Rise for Second Straight Month
China’s factory-gate inflation gathered momentum in April, fueled by geopolitical tensions in the Middle East that kept energy costs elevated […]
Economics
China is increasingly dominating high-tech industries, while the low-value manufacturing sectors that powered the country’s rise are becoming less important economic drivers
The U.S. lost much of its furniture industry to China years ago. Now, American tariffs and overseas competition are punishing
It’s a labor market unlike any other: Unemployment has drifted up, layoffs are low, hiring is slow, and the economy needs far fewer new jobs than it did before
It’s a labor market unlike any other: Unemployment has drifted up, layoffs are low, hiring is slow, and the economy
The U.S. added 115,000 jobs in April, the Labor Department said Friday, far exceeding expectations. The unemployment rate stayed unchanged at 4.3%
The U.S. job market blew past expectations again in April, buoyed by gains in industries including retail and transportation and
Week Ahead for FX, Bonds: U.S. Inflation Data, Trump’s China Visit in Focus
U.S. inflation will be the highlight of economic data during the week ahead as investors gauge the outlook for interest
Consumer Sentiment Falls to New Record Lows Amid War in Iran
Consumer sentiment fell below the previous month’s record low as higher gasoline prices exacerbated shoppers’ concerns about the U.S. economy,
Canada Unemployment Rate Rises to Six-Month High in April
A recovery in the number of Canadians hunting for work helped drive the country’s unemployment rate to its highest level
German Industry Slumped in March on Outbreak of Iran War
Output fell 0.7% as the conflict sent energy prices surging, a setback for any manufacturing recovery this year. Source link
A federal trade court ruled President Trump didn’t have the authority to impose new global tariffs after a previous set of levies was struck down by the Supreme Court in February
A federal panel says the president didn’t meet the legal criteria to impose a 10% levy. Source link
Bank of Mexico Ends Easing Cycle With Interest-Rate Cut
The board of governors voted 3-2 to reduce the overnight interest-rate target by a quarter of a percentage point to