Tag: global economy

May 15, 2023

The gold mining industry is a crucial part of the global economy, generating billions of dollars in revenue each year. Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand […]

March 12, 2023

Energy prices are roiling the global economy for the second time in a year. This time, it’s good news. Plunging oil and natural-gas prices are pumping up economic growth, putting money into consumers’ pockets, boosting confidence and easing pressures on […]

August 3, 2020

Factories across Europe, the U.S. and parts of Asia increased production in July, but the upswing was held back by weak overseas demand, suggesting a long and precarious road ahead for the global economy. Export orders were soft across most […]

June 30, 2017

Behind the bankruptcy of Takata Corp., the Japanese auto parts maker derailed by vast its airbag recalls, is yet another downfall — that of the company’s founding Takada family, one of the country’s more prominent business dynasties. Takata filed for […]

June 26, 2017

After a good run, warning lights are flashing in the auto industry—and that’s not good for either the broader manufacturing sector, heartland metropolitan areas, or President Trump. Here’s the problem: After seven strong years of growth after the crack-up of […]

June 14, 2017

U.S. manufacturing got walloped during the Great Recession. It lost 20% of its output and 15% of its workforce. “That’s second only to the Great Depression of the 1930s, when it lost about half its total output,”says Cliff Waldman,chief economist for the […]

June 2, 2017

China’s factory activity contracted in May for the first time in almost a year, independent figures showed Thursday, hinting at deteriorating conditions for goods producers in the world’s second-largest economy. The figures compare with an official reading Wednesday suggesting China […]

June 2, 2017

American factories are settling back into a solid pace of expansion after a post-election run-up that saw the Institute for Supply Management’s manufacturing gauge hit an almost three-year high, figures released on June 1 showed. The Factory index little changed at […]

May 26, 2017

April 2017 raw-steel production slipped by 1.0% from March to April, finishing the most recent month with 142.1 million metric tons across 67 countries. Still, the total is an increase of 5.0% over the April 2016 result and brings global […]

May 12, 2017

Employers expect the Trump administration to “prioritize” easing workplace regulation, but they’re less confident in whether that change will actually happen, and if it does happen, whether it will affect them. A survey of 1,229 in-house corporate attorneys, HR professionals […]

May 2, 2017

America’s factories expanded less than forecast in April as measures of orders and employment pulled back, Institute for Supply Management data showed on Monday. ISM’s index eased to 54.8 (forecast called for 56.5) from March’s 57.2; readings above 50 indicate […]

May 1, 2017

Exxon Mobil Corp. and Chevron Corp. easily swept aside analyst estimates as the battered giants of the U.S. oil industry shook off two-and-a-half years of low oil prices and reported surging profits in the first quarter. Exxon, the world’s biggest […]

April 19, 2017

Christine Lagarde, International Monetary Fund (IMF) managing director, said in a recent speech that the global economy is showing multiple positive signs, although more work is needed to ensure continuing growth, including policies that will reinvigorate productivity and build inclusive growth. “When […]

April 14, 2017

Wholesale prices in the U.S. declined in March for the first time since August 2016, a sign broader inflation will accelerate only gradually, a Labor Department report showed Thursday. Key Points The producer-price index decreased 0.1% (forecast was for no […]

April 6, 2017

This week’s report about a shock stagnation in U.S. vehicle sales may be a sign that the auto industry is about to head back down the mountain at a rapid pace after a peak last year. Deutsche Bank AG said […]

April 5, 2017

Boeing Co. landed its second jetliner sale to an Iranian airline since the 1970s, a $3 billion deal that sets up a test of the planemaker’s ties with President  Donald Trump. The pact with Iran Aseman Airlines to purchase 30 […]

April 4, 2017

America’s factories continued to expand in March, demonstrating momentum in an industry that struggled for the better part of the last two years, according to the latest data from the Institute for Supply Management. ISM’s diffusion index eased to 57.2 […]

April 3, 2017

Faith in the U.S. economy has absolutely skyrocketed compared to last year, as 74% percent of financial executives are more optimistic than they were at this time last year, according to a new survey by Prime Advantage,  a group purchasing […]

April 3, 2017

Canada’s economy began 2017 on a tear, building on momentum from the end of last year that is being led by manufacturers and oil producers. Gross domestic product increased 0.6 % in January, Statistics Canada said on March 31 in […]

March 31, 2017

Many of America’s biggest corporations including Apple Inc. and Wal-Mart Stores Inc. are sticking by their pledges to fight climate change even as President Donald Trump guts his predecessor’s environmental policies. Companies say their pledges, coordinated by the Obama administration, […]