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PREVIEW-Japan April exports seen up but trade deficit to persist
Reuters* Japan April exports forecast +5.9 pct, imports +6.7 pct * Trade balance seen in the red for a 10th straight month * Weak yen, global recovery to help exports albeit slowly * Data due on Wednesday at 8:50 a.m. (Tuesday at 2350 GMT By Tetsushi...Tags: Electronics, Science and Technology, Japan, China Earthquake (2010), Weather
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|Story
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A new day for U.S. manufacturing
Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise...Tags: Allegheny Technologies Inc., Energy, Jimmy Carter, Robert L. Ehrlich Jr., Dow Chemical Co.
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U.S. trade deficit narrowed in February on lower crude oil imports
This post has been corrected, as indicated below.WASHINGTON -- The U.S. trade deficit narrowed in February, driven by a drop in crude oil imports and an increase in American goods and services exported abroad, the Commerce Department said Friday. With exports rising more than imports, the seasonally...Tags: Politics, Public Finance, Imports, Petroleum Industry, Upstream Oil and Gas Activities
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America's trade muddle
WASHINGTON -- Americans have a love-hate relationship with foreign trade. In the marketplace, we're enthusiasts. During 2012, we scarfed up $2.3 trillion of imports: cars, computers, clothes, smartphones, shoes, toys, oil and much more. We are also...
Tags: Employment Opportunities, Industrial Production, Employment, Currency Values, Agriculture
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State of the union
In the State of the Union address, President Obama implied that his pending Trans-Pacific Partnership (TPP) Free Trade Agreement will create jobs. I don't buy it. The legacy of past pacts on which the TPP is modeled has been job destruction, not job...Tags: Trade Dispute, Barack Obama, State of the Union Address, Career and Workplace, Trade Policy
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U.S. trade picture brightened at end of 2012
In an encouraging sign for the American economy, the U.S. trade deficit fell sharply in December as exports grew at a solid pace while imports of oil and many other goods shrank from the prior month, the Commerce Department reported Friday. The big drop...
Tags: Politics, China, Labor Markets, Public Finance, Imports
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U.S. trade deficit jumps to seven-month high
WASHINGTON -- A spike in American imports of consumer goods, autos and other products led to a sharp increase in the U.S. trade deficit in November from the prior month, the government said Friday. One immediate implication of the unexpectedly big...Tags: Hurricane Sandy (2012), Politics, China, Computer Hardware, Globalization
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China, U.S., Europe battling over a shrinking global-trade pie
World NowGlobal Focus: In polite, diplomatic language, China this week accused Eurozone leaders of piling up debts that threaten global economic stability and the Europeans countered with complaints that Beijing manipulates its currency to unfairly skew trade in... -
Steering away from the fiscal cliff — and into a ditch
Efforts to avert the "fiscal cliff" offer great drama, but they won't solve Washington's budget woes and could precipitate another recession — or worse. The Budget Act of 2011 requires the president and Congress to agree on a nine-year, $1.2...
Tags: Energy Saving, Environmental Issues, Barack Obama, Retirement, Social Security
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There's a reason the economy isn't generating jobs
The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth. The unemployment rate fell to 8.1 percent only because 581,000 workers quit looking for work and are no longer counted in the...Tags: Barack Obama, Patient Protection and Affordable Care Act, Ronald Reagan, Health Insurance Cost, Consumers
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FACT CHECK: Flunking geography, history
WASHINGTON (AP) — Voters didn't always get the straight goods when President Barack Obama and Republican Mitt Romney made their case for foreign policy and national security leadership Monday night before their last super-sized audience of the...
Tags: Wars and Interventions, Environmental Issues, Barack Obama, Israel, Defense Equipment
May 20, 2013
|Story| Reuters
May 5, 2013
|Story| Reuters
May 5, 2013
|Column| Baltimore Sun
Apr 5, 2013
|Story| Los Angeles Times
Apr 1, 2013
|Column| Orlando Sentinel
Feb 21, 2013
|Story| Daily American
Feb 8, 2013
|Story| Los Angeles Times
Jan 11, 2013
|Story| Los Angeles Times
Nov 7, 2012
| Los Angeles Times
Nov 20, 2012
|Story| Baltimore Sun
Sep 10, 2012
|Story| Baltimore Sun
Oct 23, 2012
|Story| Petoskey News
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