Charlotte Pipe and Foundry runs on electricity — a lot of electricity. The North Carolina-based company needs 13 megawatts to power the plastics plant where […]
Economy
April Jobs Beat Expectations, Overshadowing Mounting Tech Cuts
U.S. employers added significantly more jobs than expected for the second straight month, showing a labor market that remains resilient despite the elevated uncertainty brought […]
Decades to Build, One Boycott to Break: How Geopolitics is Crushing the U.S.-Canada Border Economy
In Niagara Falls, NY, the Rodriguez family has lost half its revenue. In Blaine, WA, the Hagens are slashing staff and operating hours. And in […]
ISM holds steady as manufacturing grows despite inflation pressures
Manufacturing continued to expand in April, boosted by new orders despite sharp price pressures amid the Iran war. The ISM held steady at 52.7% for […]
Goodbye, IEEPA: What to Look for in Thursday’s Trade Report
Economists expect the U.S. trade deficit for goods and services to widen to $61.1 billion in February, per Bloomberg’s consensus estimates. The U.S. International Trade […]
5 things to watch for in March’s ISM
Manufacturing likely continued to expand for the third month in a row in March, despite emerging headwinds from the Iran war. Bloomberg estimates for the […]
Past the Border of Trust: Canada’s Break With America Entrenches in Year Two
David Truijen has been crossing into the United States for more than 35 years. But in late February, he witnessed something he had never seen […]
March jobs report expected to show “low hire, low fire” stasis
After last month’s surprising job losses, the U.S. labor market is largely expected to rebound in March, continuing to support the “low hire, low fire” […]
Inflation Was Already Rising. Then Iran Happened.
January showed inflation still climbing. Now, economists say the damage done by the conflict in Iran may be hard to overstate. By Yulia Almazova Inflation […]
U.S. Trade Deficit Narrows As Businesses Sit in Refund Limbo
The U.S. trade deficit in goods and services shrank in January as a result of the Trump Administration tariffs but the future remains uncertain now […]