Canada Goods-Trade Surplus Widens to Most in Four Years With Record Exports
The country has now racked up trade surpluses three months running as exports have rebounded following a weak start to […]
Economics
U.S. Trade Deficit Grew in May
The trade deficit widened to $77.6 billion in May, up from $54.6 billion in April, according to Commerce Department data.
Foreign Investment Rises, But Developing Countries Squeezed By AI Focus, Says UN
Overseas investment by businesses rose and was increasingly steered by governments toward a small number of strategic sectors. Source link
Canada CPI Expectations Ramped Up Prior to U.S.-Iran Deal, Central Bank Survey Says
Inflation expectations in Canada zoomed upward in the second quarter due to the anticipated impact on elevated energy costs from
U.S. Services-Sector Activity Continued to Expand in June
The Institute for Supply Management’s purchasing managers index for services providers was 54 in June compared with 54.5 in May.
Eurozone Retail Sales Picked Up in May
Eurozone retail sales rebounded in May, highlighting a brighter outlook for consumer demand, driven by sales of food, drinks and
German Factory Orders Rose in May
Orders rose 1.9% on month, showing tentative signs of stabilizing despite continued uncertainty from the Middle East conflict. Source link
Germany before World War I provoked backlash because of its rise in exports and overproduction, similar to China today.
Germany before World War I provoked backlash because of its rise in exports and overproduction, similar to China today. Source
Germany’s midsize “Mittelstand” companies once thrived by making niche machines for factories everywhere. Now fierce competition from China is spreading panic among those manufacturers.
Midsize companies that employ millions of workers are now shedding jobs and relocating overseas to cut costs. Source link
Capital Account: The 250th anniversary of the Declaration of Independence finds the U.S. among the richest economies in the world. Americans owe much of that to the democracy the founders built
Checks, balances and trust in personal agency made the U.S. a haven for entrepreneurs and wealth creation. Source link