China’s recovery remains unbalanced as retail spending lags
China’s recovery remained unbalanced in April, with industrial output and investment buoyed by strong exports and a hot property market, while retail sales missed forecasts.
Biden infrastructure plan’s chances gain as GOP readies offer
President Joe Biden’s prospects for passing a major infrastructure bill through Congress with bipartisan support -- seen unlikely in the wake of his Democrat-only pandemic-relief…
The world economy is suddenly running low on everything
‘It is anything but efficient or normal.’ Surging corporate demand is upending global supply chains.
China’s Rise Pushes Senate Toward Action on Competitiveness Bill
Bipartisan concern about China’s rising influence is driving the Senate toward passage of legislation aimed at bolstering U.S. competitiveness in technology and manufacturing and delivering…
Trudeau Government begins work on reopening U.S.-Canada border
Prime Minister Justin Trudeau’s government has begun preliminary internal discussions about reopening the border with the U.S., even as Canada remains well behind its neighbor…
Philip Morris faces import ban in Reynolds patent fight
Philip Morris International Inc. is facing a possible import ban of its IQOS heated-tobacco sticks to the U.S. after it lost the first round of…
April retail sales hold mostly steady from March and show ‘off the chart’ gains over 2020 shutdowns
Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked…
Guest statement from hearing on post-COVID Federal real estate issues
Opening remarks, as prepared, of U.S. Rep. Michael Guest (R-MS) from today’s Subcommittee on Economic Development, Public Buildings, and Emergency Management hearing entitled, “Federal Real…
Graves & Guest introduce bill to spur high-speed broadband projects in rural & economically distressed communities
A bill to remove barriers for communities seeking to use Economic Development Administration (EDA) grants to develop high-speed broadband access was introduced in the House…
Australia leader repeats ‘one country’ China, Taiwan remark
Prime Minister Scott Morrison doubled down on comments that Australia’s Taiwan policy was guided by China’s “one country, two systems” framework, prompting his office to…
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