Category: Economy

The U.S. lost much of its furniture industry to China years ago. Now, American tariffs and overseas competition are punishing manufacturers. Source link

The Reserve Bank of Australia delivered its third consecutive interest-rate increase, citing a deteriorating inflation outlook and warning of “plausible” scenarios where fuel-price pressures rise […]

U.S. imports rose faster than exports in March, pushing up the U.S. trade deficit, according to data published by the Commerce Department. Source link

Sales of new single-family homes rose to 682,000 in March, from 635,000 in February. A consensus of economists polled by The Wall Street Journal expected […]

Hiring picked up in March, but the rate of job openings ticked down to 4.1%, emphasizing a continued stretch of relatively low dynamism in the […]

The Institute for Supply Management’s purchasing managers index for services providers was 53.6, suggesting continued expansion, though price pressures from the war in Iran weighed […]

Canada for March recorded a merchandise-trade surplus of C$1.78 billion, the equivalent of about US$1.31 billion, Statistics Canada said. Source link

Eurozone wage growth is set to slow this year, despite the rise in energy prices that has accompanied the conflict in the Middle East, according […]

The president’s plan to raise tariffs on EU cars shows how little protection trade deals offer. Source link

Solid data this week suggest the labor market is picking up. The real test will come with the April jobs report on Friday. Source link