Recent Posts

Mexico GDP falls for 1st time in 3 years on slower services

  Bloomberg Mexico’s economy contracted in the second quarter for the first time in three years as growth in the services industry slowed and exports fell. Gross domestic product declined 0.3 percent from the first three months, according to preliminary figures released by the national statistics institute Friday. The median forecast of 13 economists surveyed by Bloomberg was for a ...

Read More »

Clinton-Kaine ticket takes economy message on the road

  Bloomberg Hillary Clinton called her race against Donald Trump the highest-stakes U.S. presidential race in her lifetime as she rallied with her running mate, Senator Tim Kaine, for the first time as the Democratic nominees for president and vice president. “There’s no doubt in my mind that every election in our democracy is important in its own way,” Clinton ...

Read More »

With new US factory, Daimler skirts tariffs…and unions

  Detroit / AFP German automaker Daimler AG broke ground this week on a $500 million plant in Charleston, South Carolina to build vans, with the company hoping at last to avoid steep US import tariffs. When the factory comes online by the end of the decade, it may also help the company pay lower wages and circumvent labor unions. ...

Read More »
Send this to a friend