As promised, US President Donald Trump has escalated his trade war against China — announcing tariffs of 10 percent on another $200 billion in goods, plus a threat to raise the levy to 25 percent next year. Nearly half of China’s exports to the US now face Trump’s taxes on trade. The president boasts that the latest measure will bring ...

When you hear about economic growth, or the size of the economy, it’s referring to gross domestic product. Invented in the 1930s, GDP measures the market value of everything produced in a country (or region, or state) in a given year. When you hear about the labor market, it usually involves the unemployment rate, which is the percent of people ...

One of India’s most acquisitive companies is buying up cement kilns across the country, going from big to bigger. It’s got the right plan, but who’s buying the cement and actually building? Ultratech Cement Ltd. is one of the world’s biggest cement manufacturers, with the capacity to put out 90 million tons a year from plants sprinkled across India. It ...