Cost of Doing Business in China on the Rise

Rising wages in China will increase production costs

Cost of Doing Business in China on the Rise

China's Exports Surge

Overall for the month, China held a $7.6 billion trade surplus with the rest of the world.


China's Exports Surge

AIG Sells Unit to MetLife

AIG said it would sell its international insurance unit in order to pay back the U.S. government

AIG Sells Unit to MetLife

Hidden U.S. Debt Bombs Affecting National Security

Secretary of State says that the nation’s debt is a national security issue.

Hidden U.S. Debt Bombs Affecting National Security
July 22, 2010 - 10:51am
July 21, 2010 - 11:05am
July 20, 2010 - 10:55am

Market News

July 23, 2010 - 11:08am
Craig Harrington

Most indexes on Wall Street opened higher this morning, but their gains were quickly diminished. The strong push given to investors yesterday by corporate earnings from the likes of Microsoft and Ford seem to have worn off overnight.

July 22, 2010 - 10:51am
Craig Harrington

As quickly as stocks had fallen yesterday they turned around and drove back up the hill this morning. Wall Street was up well over 1 percent in the morning and investment was riding high.

July 21, 2010 - 11:05am
Craig Harrington

The surge from yesterday is expected to continue into trading today as investors respond to strong earnings reports from major banks.

July 20, 2010 - 10:55am
Craig Harrington

Unfortunately for American investors the momentum from Monday did not carry well into this morning. Markets were down nearly 1 percent overall soon after the opening bell.

Wall Stree Reform Bill Call For 68 Studies

There are dozens of ways to slow down or kill legislation on the federal level, which is exactly what senators are doing by kicking the can down the road with nearly 70 studies mandated by the financial reform bill.

Americans Understand Need for Manufacturing Base

Recognizing that manufacturing is critical to the overall health of the American economy, 85 percent of Americans believe that creating manufacturing jobs is either the most or a very important job for the policymakers in Washington.

Korea FTA Will Come at Expense of American Worker

Labor, interest groups and even members of the president’s own party have assailed the Korea trade agreement as a job-killing redux of the North American Free Trade Agreement. Concerns over lack of market access for American automakers and beef producers, investor’s rights protections and potential job losses have led many allies to speak out publicly.

Recession Forever Altering Americans' Lives

Unlike past recessions, the current downturn has affected over half of the American people. Americans are generally less optimistic about their futures and their childrens' futures, more concerned about pocketbook issues and worried about retirement security, according to a new survey by the Pew Research Center.

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Opinion-Editorials

April 7, 2010 - 2:43pm
Ian Fletcher

Bio: Economist

The debate over free trade is riddled with myth after myth. One that keeps resurfacing again and again, no matter how many times it is discredited, is the idea that protectionism caused the Great Depression.

April 7, 2010 - 2:40pm
Byron Dorgan

There are many good examples that illustrate the failure of U.S. trade policy over the last two decades – but none is as significant as our trading relationship with China.

April 7, 2010 - 2:34pm
Ernest F. Hollings

With the President of Afghanistan cam- paigning against us, it is time we learn that Afghanistan is not necessary – that it’s necessary to “be gone."

December 16, 2009 - 11:34am
Pat Choate

Despite the Wall Street crash and bailout, U.S. mortgage fraud remains at epidemic levels.