U.S. Trade Gap Narrows in February on Stronger Oil, Auto Exports
The U.S. trade deficit unexpectedly narrowed in February as exports climbed to near an all-time high and the volume of imported crude oil fell to the lowest level in 17 years.
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Obama's Goal to Boost Export Levels is Halfway Home
President Obama's five-year goal, set in January 2010, to boost U.S. export levels set is about halfway to its mark, but can the U.S. sustain the momentum?
The Resurgent Dollar Could Hurt S&P 500 Earnings
The dollar's rising again, which helps Americans by making imports cheaper and curbing inflation, but it can also hurt U.S. companies that are increasingly reliant on exports.
Obama Expected to Call for Major EU Trade Talks in State of the Union
President Obama is expected to call for comprehensive trade and investment talks with the EU in his State of the Union speech tonight. An agreement that phases out tariffs, harmonizes product standards and reduces barriers to trade would have huge implications, far beyond economics.
Welcome To Mato Grosso, The Giant Swath Of Land That's Feeding The Entire World
Since World War II, the U.S. has been hailed as the world's breadbasket, pumping grains and meat from its fertile heartland out to the world. But another country is snatching that mantle away: Brazil.
Cheaper Oil Pushes U.S. Trade Deficit to 18 Month Low
The U.S. trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a small rise in exports. The trade gap narrowed to $42.9 billion in June, down from $48 billion in May, the Commerce Department said Thursday.
U.S. Trade Deficit Falls Thanks to More Exports, Cheaper Oil
The U.S. trade deficit fell 3.8% to $48.7 billion in May, helped by cheaper oil and an increase in American exports to Europe and China. But economists cautioned that decline wasn't enough to alter weak growth forecasts for the quarter.
China's Trade Growth Slips Amid Global Economic Slump
China's trade growth plunged in June, hurt by weak U.S. and European demand and a Chinese slowdown, with a potential impact on economies as far-flung as Africa and Australia.
Eurozone Unemployment Hits New Record High
Unemployment in the 17-country euro currency bloc hit another record high in May -- 11.1% -- as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday.
U.S. Trade Deficit Narrows to $50.1 Billion in April
The U.S. trade deficit shrunk in April, but only because a big drop in imports offset the first decline in U.S. exports in five months. Exports, which had hit a record the previous month, fell 0.8%, but imports, which also set a record in March, dropped an even faster 1.7%.
Happy Chinese New Year! Your Item Is Back-Ordered
Chinese New Year kicked off on Monday, and the celebration of the new lunar cycle will effect you than you might think. When the country that manufactures so much of what we buy goes on vacation for two weeks, U.S. retail can hardly act like it's business as usual.
A Rookie's Guide to Investing in Emerging Markets
The U.S. stock market's recent gyrations have many investors ready to look overseas for better returns. But it's a complicated world out there, which is why many less-experienced investors are still sitting on the global sidelines. Here's what you need to know make investing in emerging markets a little less scary.
Made in America Leaders That Make a Real Difference
How many problems with the U.S. economy would be solved if more people bought American, and if more companies would were willing to help them do so by manufacturing here? Joel Joseph of the Made in the USA Foundation thinks it would help plenty, and he's honoring those that have taken the lead.
Unilever Bulks Up in China With an Eye on the Future
Unilever, the second largest consumer goods company in the world, recently announced plans to build one of its largest production bases in China. Unilever already has sales in China worth over $20 billion and anticipates a substantial increase in this figure in the years ahead.
Is GM's Rebound the Real Deal?
Detroit's revival is nearly complete: Chrysler recently made its first profit in five years, Ford has posted its best results since 1998, and GM is poised to retake the crown as the world's biggest automaker. But to hold onto that position, GM will have to adjust to a rapidly shifting auto market.