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Wal-Mart exec says retailer still committed to U.S manufacturing push
by Kim Souza on
There have been many executive changes at Wal-Mart Stores in recent months, including a new management team at the retailer’s mammoth U.S. division. And while some say all has seemed quiet on the retailer’s push to return manufacturing jobs to the... Read full article
World stocks stay near all-time high after Fed signals
by Marc Jones / Photo Credit: Reuters/Stringer/Remote on
World stocks stayed within reach of an all-time high on Wednesday as investors welcomed comments from Federal Reserve Chair Janet Yellen suggesting that the U.S. central bank is in no rush raise interest rates.... Read full article
U.S. home prices rise, service sector expands but consumer sentiment dips
by RYAN VLASTELICA AND MICHAEL CONNOR - (PHOTO CREDIT: REUTERS/ROBERT GALBRAITH) on
(Reuters) - U.S. home prices rose again in December and activity in the services sector expanded in February at its fastest pace since October, but a gauge of consumer confidence fell, according to reports published on Tuesday.... Read full article
Home Depot rides the returning tide of U.S. economy
by Francine Kopun - AP Photo on
Home Depot, the world’s largest retailer, outdid Wall Street predictions on Tuesday, reporting higher sales, net earnings and dividends.... Read full article
Manufacturers return as Aussie dollar drops
by Tim Binsted (Photo: Louie Douvis) on
The weaker Australian dollar is starting to drive manufacturers back to Australia in a sign the economy is adjusting to a post-mining boom world, BlueScope Steel boss Paul O'Malley said. ... Read full article
A Record Year for American Exports, Further Proof of American Greatness
by Stefan M. Selig on
“The shadow of crisis has passed,” the President declared in his State of the Union two weeks ago, and the export data we released today goes to the heart of that very point.... Read full article
Dockers and shipping companies reach deal to end west coast port dispute
by theguardian - Photograph: Justin Sullivan/Getty Images on
Two sides agree terms to end backlog of freight at 29 ports which could have ended up costing the US economy billions of dollars... Read full article
Manufacturing Innovation: Gaining the Advantage In a Fiercely Competitive Global Economy
by Mike Molnar on
Good ideas—for new products, new processes, or new services—are terrible things to waste.... Read full article
What Uber Could Teach the American Economy
by Samuel Rines on
America’s employment picture has certainly improved — but major challenges related to wage growth and part-time work remain. Yet, one company has an employment and pricing model that might offer solutions. ... Read full article