CIUDAD JUAREZ – Trade across the US-Mexican border has been slowed over the past week as US authorities have shut down crossings and imposed extra security checks amid an increase in migration, sparking concern in Mexico. About 8,000 trailers carrying an estimated $1 billion worth of goods have been stranded on the Mexican side ...
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons the US military should take away from the continuing war in Ukraine. By far the most concerning and most relevant ...
The UAW’s strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and their advocates will learn nothing from this debacle. Original Article: Strikes Always Have Economic Consequences and the Latest UAW Strike Is No ...
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. This “pause” in the target rate suggests the FOMC believes it has raised the target rate high ...
Last week wasn’t the most optimistic on Wall Street. Even though the US economy is growing, Federal Reserve Chairman Jerome Powell’s comments after the Fed meeting weren’t what investors wanted to hear. The Federal Reserve’s decision to keep interest rates ...
Recently, anyone who pays attention to current events has been assaulted with the news that both the Hollywood actors’ and writers’ unions are striking simultaneously for the first time since 1960. Workers for UPS also recently reached a deal with ...
Nissan has pledged to go fully electric in Europe by 2030, outpacing the watered-down ambitions announced by Rishi Sunak of the British government. “There is no turning back now,” Makoto Uchida, chief executive of the Japanese car-maker said. “Nissan will ...
Screenwriters in the US say they have reached a tentative deal with studio bosses that could see them end a strike that has lasted nearly five months. The Writers Guild of America (WGA) said it was “exceptional – with meaningful ...
Brussels is resisting an “urgent plea” for the European Union to extend zero-tariff Brexit trade rules on electric vehicles amid car industry concerns over a deadline of New Year’s Day that could lead to job losses. Not rolling over a ...
Britain’s last remaining manufacturer of alloy wheels has been rescued by a 21-year-old who is also vying to buy Morecambe Football Club. West Bromwich-based Rimstock, which makes forged wheels for luxury marques including Aston Martin and Bentley, has been bought ...