Chinese exports plunged 18.1% year-over-year in February, missing expectations for a 7.5% rise. This was down from a 10.6% rise in January. But what was behind the fall? "We believe the real situation is not that bad, and could be quite...Show More Summary
We pointed out Wednesday that the Estonian foreign minister claims that the new Ukrainian coalition deployed snipers to discredit the former government of Ukraine. We documented Thursday that snipers are a common form of false flag terrorism. Show More Summary
(Business Marketing) Google has given restaurants a way to stand out by adding menus to search results, a big win for foodies. Follow The American Genius on Facebook for exclusive & breaking business stories Get more Business News at AGBeat
Net profit for 2013 at Orient Overseas (International), the Hong Kong shipper controlled by the billionaire family of former Hong Kong chief executive Chee Hwa Tung, plunged by 84% from a year earlier amid “disappointing” freight shipments, the company said today. Profit dropped to $47.0 million, compared with $295.4 million a year earlier. Revenue slid [...]
Shares in Chinese online discount retailer Vipshop Holdings gained more than a third in trading at the New York Stock Exchange today, paving the way for a second billionaire to emerge from the company in just the past few days. Vice chairman Arthur Hong’s 12.3% stake in Vipshop was worth $1.1 billion as of 10:30 [...]
The world's hottest automaker has wowed Wall Street for a year, but can Tesla's (TSLA) fundamentals ever catch up to its white-hot stock?
Yves here. Due to a communication failure between Lambert and me, you are getting Hugh's report on the monthly employment release late. Apologies!
A couple of interesting housing articles in the WSJ...First, from Nick Timiraos: Surging Home Prices Are a Double-Edged SwordThe U.S. housing market faces a challenge at the start of the spring sales season: higher prices.It is hardShow More Summary
It's a hot-rod sedan. It's also a big deal for Infiniti's global ambitions.
"It is better to be roughly right than precisely wrong," argued the legendary British economist John Maynard Keynes, one of history's greatest thinkers. His ideas on the fragile balance between capitalism and democracy enlightened aShow More Summary
Marc J. Melitz, Stephen Redding, 10 March 2014 Recent research has sought to quantify the magnitude of the welfare gains from trade. One of the main findings from this literature is that the gains from trade are relatively modest. This column suggests a channel that the standard approach typically abstracts from. Show More Summary
"It's the weather" That's all Abe has left to pretend that 'recovery' is right around the corner. Japan just printed its worst current account deficit on record and its worst GDP growth since Abenomics was unveiled - both missing by the proverbial garden mile and both confirming that all is not well in Asia. Show More Summary
I'm at low efficiency with day 9 of the cold from hell that so many patients have been experiencing. First, a reminder that antibiotics don't treat colds, so I'm not taking them. I'm doing the homeopathic stuff (chicken soup, vitamin...Show More Summary
Copper futures are down 2.5% in early trading, to $3.0060 per pound. Copper has been taking a beating recently and it is likely that the recent decline in Chinese exports weighed on the data. Chinese exports were down 18.1% on the year in February, after rising 10.6% the previous month. Show More Summary
(March 9, 2014 09:56 PM, by David Henderson) I worry about growing income inequality. But I worry even more that the discussion is too narrowly focused. I worry that our outrage at the top 1 percent is distracting us from the problem that we should really care about:... (0 COMMENTS)
If you're going to trust a company's leadership with your money, you really should have a way to verify that they're working in your best interest.
IBM is putting its 2013 revenue slide in the rear-view mirror. Now it wants to talk about ways in which it can grow and focus on higher-margin businesses.
A week ago, when the idea of sanctions against Russia was first officially announced, we made a statement, which was obviously in jest yet which, as so often happens, was so rooted in reality: U.S. CONSIDERING SANCTIONS ON RUSSIAN BANKS, OFFICIAL SAYS. Show More Summary
By Nicholas Donohoe: Have you ever wondered how most professional equity managers create a portfolio? I'm not talking about picking stocks, I'm talking about allocating your capital into a buy list so that the portfolio is 100% invested. Show More Summary
Maserati hints that its wild Alfieri concept car could be headed for production.