The Senate will vote on confirming three new board members who would enable the Export-Import Bank to perform its full mission. Click the audio player above to hear the full story.
A 2016 law that allows goods from abroad to enter the U.S. duty free as long as they are valued at $800 or less has opened up the door to more counterfeiters.
How much do you pay attention to fluctuations in the prices of stuff you buy? There are new tariffs coming on some $200 billion worth of goods from China. They’ll start with a 10 percent tariff Monday and climb to a 25 percent tariff in the new year. Today, China immediately promised to retaliate with […]
Hurricane Florence, currently tearing along the Southeast coast of the U.S. could bring wind gusts of 80 mph. The governor of North Carolina said that “tens of thousands of structures are expected to be flooded.” The post-storm costs could be high as communities buy up the drywall, lumber, and steel to rebuild. The price of […]
The U.S. trade deficit in July surged to a five-month high, $50.1 billion, as exports of products like soybeans and civilian aircraft fell, while imports reached record levels. President Donald Trump regularly complains about trade deficits, but his own spending policies tend to undermine the goal of lowering the trade gap. One part of the […]
