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    Feb 8, 2013 |Story| Los Angeles Times
  1. 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.
    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: China, Imports, Public Finance, Politics, Petroleum Industry

  2. Jan 11, 2013 |Story| Los Angeles Times
  3. 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: China, Computer Hardware, Imports, Hurricane Sandy (2012), Public Finance

  4. Nov 7, 2012 | Los Angeles Times
  5. China, U.S., Europe battling over a shrinking global-trade pie

    World Now
    Global 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...
  6. Nov 20, 2012 |Story| Baltimore Sun
  7. 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.
    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: Republican Party, Budgets and Budgeting, Barack Obama, China, Government

  8. Sep 10, 2012 |Story| Baltimore Sun
  9. 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: China, Employment Opportunities, Barack Obama, Patient Protection and Affordable Care Act, Federal Reserve

  10. Oct 23, 2012 |Story| Petoskey News
  11. 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 campaign. A few of their detours into domestic issues were problematic too.
    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: Washington, DC, U.S. Military, China, Kofi Annan, Barack Obama

  12. Jun 8, 2012 |Story| Baltimore Sun
  13. Ripley's opens Odditorium at Harborplace

    Ripley's Believe It or Not, one of the first of several new tenants opening for the summer tourist season at Harborplace in downtown Baltimore, will open Saturday in the Light Street Pavilion. Ripley Entertainment Inc. said exhibits at the Inner Harbor...

    Tags: Biotechnology, Harry Potter (fictional character), China, Science, Financially Distressed Companies

  14. May 14, 2012 |Story| Baltimore Sun
  15. The euro has failed

    Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
    Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies. Euro advocates argue a single currency is essential for creating a...

    Tags: Antitrust Issues, Business, Federal Reserve, Republic of Ireland, Government

  16. Jan 6, 2012 |Story| Baltimore Sun
  17. Morici: 8.5 percent unemployment may be as good as it gets

    The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again.
    The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again. Fourth quarter growth was exceptionally strong as the global economy recovered...

    Tags: Employment Opportunities, Barack Obama, China, Local Government, China Earthquake (2010)

  18. Dec 8, 2011 |Story| Baltimore Sun
  19. Germany's plan will make euro crisis worse

    European leaders are working  feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper economic crisis and leave European leaders without the fiscal and monetary policy tools necessary to combat recessions.
    European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper...

    Tags: Budgets and Budgeting, Federal Reserve, Government, Italy, Government Debt

  20. Sep 7, 2011 |Story| Baltimore Sun
  21. Obama should focus on trade, energy, deregulation

    America is in crisis.
    America is in crisis. The new normal is not good enough. The unemployed can't find jobs, the old can't retire and those in between live in constant fear of being tapped on the shoulder and thrust into the abyss. Property values are lower than a snake'...

    Tags: Barack Obama, China, Business, Italy, Natural Resources

  22. Mar 28, 2012 |Story| Baltimore Sun
  23. Cheating by China threatens Maryland jobs

    They still don't get it. Every four years, presidential candidates pledge allegiance to American manufacturing and profess a love for "Made in America." But when the going gets tough, no presidential candidate can match this rhetoric with action. In a state where manufacturing still provides good jobs, that's just unacceptable, especially since we now know that more than 9,000 jobs in the Maryland auto parts sector are at risk due toChina'scheating.
    They still don't get it. Every four years, presidential candidates pledge allegiance to American manufacturing and profess a love for "Made in America." But when the going gets tough, no presidential candidate can match this rhetoric with action. In a...

    Tags: Mitt Romney, Car Repair, Barack Obama, China, Business

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Trade Balance Photos
In 2011, U.S. firms held a $1.63 billion trade surplus...
(February 12, 2013)
In 2011, U.S. firms held a $1.63 billion trade surplus with China in clean energy goods.
For all of last year, the U.S. trade deficit fell 3.5%...
(December 5, 2012)
U.S. trade deficit narrows