Despite all the president’s complaints on the campaign trail about China and the unbalanced trading relationship the U.S. has with them, the Trump administration and China are scheduled to announce the details on bilateral trade talks this week.  The Chinese economy continues to grow; it’s up a fresh 6.9 percent during the second quarter. But […]

The Trump Administration released its objectives for renegotiating the North American Free Trade Agreement, or NAFTA, our trade deal with Mexico and Canada. President Trump has called NAFTA the worst trade deal ever, citing factory jobs that moved to Mexico. The Trump Administration wants to “maintain existing reciprocal duty-free market access for agricultural goods” and […]

Four big banks (JPMorgan Chase, Citigroup, PNC, Wells Fargo) reported earnings today, all beating expectations, especially JPMorgan, which posted its best quarter ever. That wind in the banks’ sails comes in the form of higher interest rate levels after three straight rate hikes by the Federal Reserve. That means banks get to charge you more […]

The new head of the railroad CSX has called a timeout on naps. For the past 20 years or so, the railway allowed naps under limited circumstances. Now CSX is implementing an approach meant to reduce train delays. So a few months ago, it told engineers and conductors snoozing is now off limits. The move […]