Lumber frenzy drives up home prices as suppliers can’t keep up
The frenzy sweeping the lumber market will likely keep going through the summer peak of U.S. home building as labor shortages and depleted inventories mean…
Rubber scarcity creates new headache for beleaguered automakers
As supply chain challenges pile up, U.S. manufacturers are having a hard time finding the key material for tires.
Putin Looks to Spending to Get Economy Back on Track
Vladimir Putin wants to get Russia’s economy growing again after the pandemic with a burst of spending. His government is working overtime to find the…
Iron Ore Gains on China’s Import Surge as Focus Turns to Costs
Iron ore futures in China extended an advance as imports surged to a five-month high, signaling robust demand as the country grapples with rising commodity…
Chinese Meat Imports Hit Monthly Record on Domestic Supply Fears
China imported a record amount of meat in March on supply concerns as hog herds in the world’s biggest pork consumer struggled to recover from…
China’s Trade Surges as Global Economy Recovers from Pandemic
China’s trade jumped in March, a sign that the global recovery from the Covid-19 pandemic is well on track as vaccine rollouts around the world…
Prices of Materials Used by U.S. Businesses Rise Most Since 1974
Inflation is already in full bloom for U.S. manufacturers and many service providers.
Walmart plans massive India warehouse with billionaire Adani
Walmart Inc.’s e-commerce unit, Flipkart Online Services Pvt., signed a pact with tycoon Gautam Adani’s conglomerate to build one of the largest retail warehouses in…
Almost half of U.K. exporters say sales dropped after Brexit
U.K. exporters reported lower sales in the first quarter after Covid-19 and the completion of Brexit added to shipping delays, higher transport costs and more…
China’s shadow hangs over private preparations for Johnson’s G-7
When the diplomatic emissaries of the Group of Seven nations met virtually late last month to prepare the ground for the leaders summit in June,…
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