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ECONOMICS

US Transportation Department Opens Probe Into Delta Air Lines Following Widespread Flight Cancellations
The U.S. Department of Transportation announced on Tuesday, July 23, that it is opening an investigation...
Drug Giants Eye China for Deals Despite Growing Sino-US Tensions
Industry executives and investment bankers said some of the biggest global drugmakers are scouring for...
Europe Needs Way to Price Critical Minerals Independently of China, European Group Says
Europe needs a system to set prices for critical minerals needed for the energy transition that is not...
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Sellers Left Struggling to Make Ends Meet in China’s E-Commerce Price War
Chinese e-commerce vendors are struggling to survive with slowing sales growth and rising price pressures...
Airbus Upgrades 20-year Demand Forecast as Market Outlook Evolves
Airbus on Monday, July 15 revised up its 20-year demand forecast for jetliners. Many airlines are modernizing...
Federal Reserve Somewhat Confident Inflation Is Returning to Normal Levels, Interest Rate Cut May Be
According to recent comments by Federal Reserve chair Jerome Powell, key U.S. inflation readings measured...
US Small Business Confidence Increased to Six-Month High in June
U.S. small-business confidence increased to a six-month high in June, but inflation worries remained...
US Job Market, Wage Growth Slows; Unemployment Rate Rises to 4.1 Percent
U.S. job growth slowed marginally in June, but a rise in the unemployment rate to more than 4.1 percent...
Focus of German Foreign Trade Shifting From China to US, Experts Suggest
Experts believe German foreign trade is shifting focus from China to the United States as economic and...