Economics

Finance ministers from the G-7 nations meet at Lancaster House in London, June 5, 2021.
G-7 Backs Steps to Deter Multinational Firms' Tax Dodging
A global minimum tax aims to deter companies from stashing profits in low-tax countries.
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A videographer captures a CNC (computer numerical control) machine at work before a ribbon-cutting ceremony to mark the opening of a Nanotronics manufacturing center at the Brooklyn Navy Yard on April 28 in the Brooklyn borough of New York.
Supply Chain Issues Slow April U.S. Manufacturing Growth
ISM's April manufacturing PMI fell four percentage points from March.
May 3rd, 2021
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Unlocking Growth Through Financing
A closer look at the challenges the industrial sector faces, and how those may impact the ability to raise capital.
Apr 7th, 2021
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In this May 18, 2020 photo, a lone traveler goes through a security check point at Seattle Tacoma International Airport, in SeaTac, Wash.
U.S. Airports to Get $8B in Pandemic Relief
Jun 23rd, 2021
Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington, Tuesday, Dec. 1, 2020. The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says.
Powell Says Economy Growing Rapidly, Inflation Up 'Notably'
Jun 22nd, 2021
This photo provided by Heaven Hill Distillery on June 18 shows the Heaven Hill Distillery, a $19 million tourist center that opened this week In Bardstown, KY. The new center, called the Heaven Hill Bourbon Experience, is the latest investment by a Kentucky bourbon producer to promote the state’s tourism tourism.
Kentucky's Bourbon Tourism Bouncing Back
Jun 21st, 2021
In this Dec. 1, 2020 photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington.
Fed May Dial Back Low-Interest Rates Sooner than Planned
Jun 16th, 2021
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Video Podcast: Secrets of Rock Star CFO's
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Video Podcast: Secrets of Rock Star CFO's
After reviewing Secrets of Rock Star CFOs, a report provided by Oracle Netsuite, Manufacturing.net editors David Mantey and Jeff Reinke recorded a unique, podcast-style video breaking down the paper.
May 10th, 2021
In this April 22 photo, Marie Tibbott sorts product at EIP Manufacturing in Earlville, Iowa.
US Wholesale Prices Up Record 6.6% Over Past Year
Prices jumped 0.8% in May, led by rising food costs.
Jun 15th, 2021
Santos Hilario Galvez makes a purchase at a store that accepts Bitcoin, Tamanique, El Salvador, June 9, 2021.
At Bitcoin Beach, a Glimpse of the Crypto Economy
El Zonte, known to surfers for its pounding waves, has had the cryptocurrency in its economy for the past year.
Jun 11th, 2021
Rob Bondurant, a supervisor at Great Southern Industries, a packaging company, loads up a finishing machine in the Jackson, Miss., facility, Friday, May 28, 2021. The lack of workers has forced some supervisors to assume additional duties. Charita McCarrol, human resources manager at the company, cites the abuse by some people of the $300-a-week federal supplement for people who lost their jobs during the COVID-19 pandemic, as well as other programs that offered extended support for the unemployed, with providing a soon to end financial staple. She also cited that for some people, a steady paycheck and benefits like health care, are not enough of an incentive to pass up the expiring benefits.
Unemployment Claims Drop for Sixth Straight Week
In May, the U.S. economy generated 559,000 new jobs.
Jun 10th, 2021
The World Bank building in Washington, April 5, 2021.
World Bank Projects Best Global Growth in Nearly 50 Years
But the 2021 rebound will be uneven, led by rich countries that could afford to spend vast amounts to support their economies.
Jun 8th, 2021
In this May 26, 2021 photo, a sign for workers hangs in the window of a shop along Main Street in Deadwood, S.D. U.S. employers added 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.
US Economy: Plenty of Growth, Not Enough Workers or Supplies
The speed of the rebound has been so unexpectedly swift that many companies can’t meet a pent-up burst of customer demand.
Jun 7th, 2021
Sen. Shelley Moore Capito, R-W.Va., speaks at a press conference in Washington, May 27, 2021.
Biden Offers Tax Deal to Republicans in Infrastructure Talks
He proposed a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement.
Jun 4th, 2021
Kunal Sawhney is the CEO of the Kalkine Group.
Is Mainstreaming Cryptos Just Greater Fool Theory?
With every step forward, we catapult cryptos into the mainstream without realizing that the entire arrangement is fragile and volatile in the absence of their utility.
Jun 3rd, 2021
A member of the wait staff delivers food to outdoor diners along the sidewalk at the Mediterranean Deli restaurant in Chapel Hill, NC on April 16.
First Quarter GDP Holds at 6.4%
Economists believe GDP growth could top 10% in the current April-June quarter.
May 27th, 2021
In this aerial photo, a General Motors assembly plant is seen at top right while mid-sized pickup trucks and full-size vans currently produced at the plant are seen in a parking lot outside on March 24 in Wentzville, Mo.
April US Durable Goods Orders Fall 1.3%
The unexpected decrease was the first drop in 11 months.
May 27th, 2021
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Jobless Claims Fall to Pandemic Low
Although a large number of jobs remain unfilled, the market is strengthening as the virus wanes and economy reopens.
May 27th, 2021
Shoppers exit a shopping mall in Chicago downtown.
Shoppers Go Back, But Retailers Face Challenges
Experts also say that post-pandemic shoppers will be even more demanding.
May 27th, 2021