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1. CNN: Scientists discover new species of dinosaur 2. Reuters: China unveils new trade partnership with US 3. The Guardian: US and China forge new trade deal 4. BBC: Scientists uncover previously unknown species of dinosaur 5. ABC News: US and China agree to historic trade pact 6. Wall Street Journal: US and China sign landmark trade deal 7. The New York Times: US strikes new trade deal with China 8. Bloomberg: China and US sign new trade agreement 9. CNBC: Scientists find new species of dinosaur 10. Fox News: China and US ink new trade pact
D&L Q1 net income rises 10% on strong exports - BusinessWorld Online
LISTED D&L Industries, Inc. grew its first-quarter net income by 10% to P681 million from P618 million a year earlier, driven by stronger exports and the continued ramp-up of its Batangas plant operations. Sales during the first quarter rose by 62% to P14.27 billion from P8.83 billion a year ago, the specialty food ingredients and […]
Changes to Fed Policy Statement Reflect Concerns About 'Further' Economic Uncertainty
The Federal Reserve’s latest policy statement changed in a number of ways from its statement following the prior Federal Open Market Committee meeting. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace,”
Globalization did not hollow out the U.S. middle class - Marginal REVOLUTION
From Noah Smith: Trade deficits are an even smaller amount of GDP. U.S. imports of manufactured goods minus exports are equal to about 4% of GDP per year. Our trade deficit with China is about 1% of GDP. In terms of imported components, America manufactures most of what it uses in production. China’s exports to […]