Corporate profit and revenue growth have nudged aside investor worries over trade tensions.
u.s. economy
Posted inBusiness, Nation & World, News
Available jobs outnumber unemployed Americans for third straight month
There were more open positions than jobless people in the U.S. in June, signaling a strong economy.
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Posted inBusiness, Nation & World
U.S. crops ready for picking, but farm workers in short supply
The difficult jobs that last only part of the year don’t appeal to Americans, and as undocumented laborers dwindle, businesses scramble and look to automate.
Posted inBusiness, Nation & World
Services and accessories to fuel Apple’s revenue growth more than iPhone sales
Thousand-dollar cellphones did boost quarterly revenue, but there’s a price ceiling for consumers, who bought services and other products at a year-over-year growth rate of over 30 percent.
Posted inBusiness, Nation & World
Fed declines to raise its benchmark interest rate, as expected
But it also signals that two more gradual rate increases are likely this year if the economy stays healthy.
Posted inBusiness, Nation & World, Politics
Trump, European Union leaders announce a trade path toward ‘zero tariffs’
The two sides agree to hold off on further tariffs as part of trade talks aimed at averting a crippling trade dispute involving the lucrative automobile market.
Posted inBusiness, Life & Culture, Nation & World
Maker of Necco wafers, Sweethearts candies abruptly shuts down
New England Confectionery Co. was the country’s oldest continuously operating candy company.
Posted inBusiness, Nation & World, News
Trump criticizes Federal Reserve, breaking long-standing practice
The president suggests that the Fed is undercutting his efforts to expand the economy.
Posted inBusiness, Nation & World, News
Farmers fret and wait as U.S.-China trade war escalates
‘I fully support my president, but it’s tough to defend’ tariffs, said one soybean farmer, who is at a competitive disadvantage overseas.
Posted inBusiness, Nation & World, News
Foreign money diverts from U.S. as Trump hardens trade stance
Foreign direct investment in U.S. businesses and factories plunged in 2017 and is falling this year.