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Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise...
This post has been corrected, as indicated below.WASHINGTON -- The U.S. trade deficit narrowed in February, driven by a drop in crude oil imports and an increase in American goods and services exported abroad, the Commerce Department said Friday. With exports rising more than imports, the seasonally...
WASHINGTON -- Americans have a love-hate relationship with foreign trade. In the marketplace, we're enthusiasts. During 2012, we scarfed up $2.3 trillion of imports: cars, computers, clothes, smartphones, shoes, toys, oil and much more. We are also...
In the State of the Union address, President Obama implied that his pending Trans-Pacific Partnership (TPP) Free Trade Agreement will create jobs. I don't buy it. The legacy of past pacts on which the TPP is modeled has been job destruction, not job...
In an encouraging sign for the American economy, the U.S. trade deficit fell sharply in December as exports grew at a solid pace while imports of oil and many other goods shrank from the prior month, the Commerce Department reported Friday. The big drop...
WASHINGTON -- A spike in American imports of consumer goods, autos and other products led to a sharp increase in the U.S. trade deficit in November from the prior month, the government said Friday. One immediate implication of the unexpectedly big...
World NowGlobal Focus: In polite, diplomatic language, China this week accused Eurozone leaders of piling up debts that threaten global economic stability and the Europeans countered with complaints that Beijing manipulates its currency to unfairly skew trade in...
Efforts to avert the "fiscal cliff" offer great drama, but they won't solve Washington's budget woes and could precipitate another recession — or worse. The Budget Act of 2011 requires the president and Congress to agree on a nine-year, $1.2...
The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth. The unemployment rate fell to 8.1 percent only because 581,000 workers quit looking for work and are no longer counted in the...
WASHINGTON (AP) — Voters didn't always get the straight goods when President Barack Obama and Republican Mitt Romney made their case for foreign policy and national security leadership Monday night before their last super-sized audience of the...
Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies. Euro advocates argue a single currency is essential for creating a...
The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again. Fourth quarter growth was exceptionally strong as the global economy recovered...
Tags: Starbucks Corp., Business, Employment, Public Finance, Imports
May 5, 2013 |Column| Baltimore Sun
Apr 5, 2013 |Story| Los Angeles Times
Apr 1, 2013 |Column| Orlando Sentinel
Feb 21, 2013 |Story| Daily American
Feb 8, 2013 |Story| Los Angeles Times
Jan 11, 2013 |Story| Los Angeles Times
Nov 7, 2012 | Los Angeles Times
Nov 20, 2012 |Story| Baltimore Sun
Sep 10, 2012 |Story| Baltimore Sun
Oct 23, 2012 |Story| Petoskey News
May 14, 2012 |Story| Baltimore Sun
Jan 6, 2012 |Story| Baltimore Sun
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