by Nico Grant | May 22, 2016 | Trade
By Nico Grant The auction looked like a scene from the 1950s, maybe even the 1850s: a handful of men inside a rusty warehouse, walking through waist-high bales of tobacco and scratching bids on slips of paper. But in at least one important way, this auction, held in...
by Nico Grant | May 4, 2016 | Trade
The Bureau of Economic Analysis releases its tally of goods and services traded in March on Tuesday morning. Economists surveyed by Bloomberg expect the U.S. trade balance to shrink to $41.3 billion for the month. Here are five things to watch in the report. By Nico...
by Nico Grant | Apr 12, 2016 | Trade
By Nico Grant The improving American economy propelled higher imports and exports in February, in a sign the U.S. outperformed flagging foreign economies. However, the trade deficit increased, which may be a drag on first-quarter gross domestic product. The U.S. trade...
by Nico Grant | Mar 28, 2016 | Employment
By Nico Grant In December 2015, a robocall changed Brad Bassett’s life. His employer, Union Pacific Railroad, told Bassett that he was laid off from his $90,000-a-year job as a conductor. “They really don’t give a reason,” Bassett, 47, said. “You just get a phone call...
by Nico Grant | Mar 8, 2016 | Trade
By Nico Grant The U.S. trade deficit widened in January, with slumps in exports and imports signaling that weak overseas economies are taking a toll on the U.S. The trade deficit for goods and services grew to $45.7 billion, an increase of $1 billion compared to...
