Women are playing a bigger role in the American labor market. Occupations with heavily male workforces have been losing jobs, and the share of men working has flatlined.
Industries that heavily employ men are losing jobs, and the share of men working has flatlined. Source link
China Factory-Gate Prices Rise for Second Straight Month
China’s factory-gate inflation gathered momentum in April, fueled by geopolitical tensions in the Middle East that kept energy costs elevated and cemented the end of a nearly four-year deflationary cycle.…
The U.S. will raise tariffs on automobiles from the European Union to 25% from 15%, President Trump said Friday
The president said tariffs will go from 15% to 25% and accused the bloc of failing to comply with a trade agreement signed last year. Source link
Americans are pouring a lot more money into their gasoline tanks than they were even a week ago
A 33-cent jump in the price of regular gasoline in a single week is hitting wallets fast, with the summer driving season still ahead. Source link
Foreclosure filings have jumped to a six-year high as rising property taxes, insurance costs and debt strain U.S. homeowners
Homes with foreclosure filings jumped 26% in the first quarter, reflecting in part rising property taxes and insurance premiums that hit homeowners. Source link
Heard on the Street: The jump in home foreclosures is an early sign of fallout after the Trump administration tightened rules for borrowers seeking federal mortgage subsidies
The jump in home foreclosures is an early sign of fallout after the Trump administration tightened rules for borrowers seeking federal mortgage subsidies. Source link
One of the major surprises about the closure of the Strait of Hormuz is how resilient much of the world's economy has been so far
In the two months since the Strait of Hormuz was closed, many of the world’s major economies have been soldiering on. Source link
EU Trade Chief Plans to Meet U.S. Counterpart in Paris
European officials are reeling from another American threat to raise tariffs on exports to the U.S. despite a trade agreement reached between the bloc and the Trump administration last year.…
China is increasingly dominating high-tech industries, while the low-value manufacturing sectors that powered the country’s rise are becoming less important economic drivers
The U.S. lost much of its furniture industry to China years ago. Now, American tariffs and overseas competition are punishing manufacturers. Source link
ECB Could Hike Rates in June Should Inflation Outlook Not Improve, Nagel Says
The longer the Iran war persists, the greater the risk that inflation will remain elevated if monetary policy fails to act, Bundesbank President Joachim Nagel said. Source link
