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August 2024 U.S. Transportation Sector Unemployment (4.8%) Falls Below the August 2023 Level
The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in August 2024 according to the Bureau of Labor Statistics (BLS). These…
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From auction to arrival: How car auctions are fueling the import market
With auto auctions becoming a more popular central sourcing method, the global automobile import business has undergone a significant change.
Economy ‘On the Cusp’ of a soft landing with recession unlikely
With the economy slowing but still growing and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have…
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European shares slide ahead of US payrolls report
European shares slipped for a fifth straight session on Friday as caution prevailed ahead of the crucial U.S. jobs data, the last such labour market…
U.S. and Egypt advance bilateral economic cooperation at the second joint economic commission convening
The two delegations reaffirmed their shared commitment to broaden and deepen bilateral economic and commercial cooperation and held a constructive dialogue on the importance of…
Dutch align export controls with US on some ASML machines
The Dutch government published new export control rules on Friday that will make ASML Holding NV apply for licenses with The Hague rather than the…
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Chile approves agreement with U.S. to protect market access for U.S. cheese and meat products
On Tuesday, September 3, the National Congress of Chile approved the agreement on Chile Market Access and Prior Users for Cheese and Meats.
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Delaware CBP officers seize over $100k in unmanifested Apple products destined to China
U.S. Customs and Border Protection officers seized over $100,000 in Apple products in New Castle, Del., on August 26 that were being shipped to China.
Senate panel to question US semiconductor firms on Russian weapons
The U.S. Senate Permanent Subcommittee on Investigations said on Thursday it will hold a hearing with four companies on the use of American-manufactured semiconductors in…
Amazon plans $5 billion of small-ticket exports from India in 2024 in shift from China
Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly $3 billion in 2023, supplying markets such…