Business

The world may have hit ‘peak trade,’ according to an expert who pointed to robotics, digitization and localization as major game-changers for the sprawling supply chains that have defined globalization. Paul Donovan, global chief economist at UBS Wealth Management, said Wednesday that President Donald Trump’s recently announced trade tariffs are not to blame. “I don’t
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Toru Hanai | Reuters Kobe Steel President and CEO Hiroya Kawasaki bows as he meets with Ministry of Economy, Trade and Industry’s Director-General of Manufacturing Industries Bureau, Akihiro Tada at the ministry in Tokyo, Japan, October 12, 2017. Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread
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The potential steel and aluminum tariffs are a “complete violation of WTO rules,” said Matt Gold, the former U.S. deputy assistant trade representative for North America under former PresidentBarack Obama. Thursday, PresidentDonald Trump announced his proposed 25 percent steel and 10 percent aluminum tariffs would go into effect next week. The president has said the
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Amtrak has temporarily canceled all services between Boston and Washington, the railroad corporation said Friday evening. Of the 106 trains scheduled to run between Boston and Washington — and the Keystone line connecting Pennsylvania and New York — all have been canceled or delayed, an Amtrak spokeswoman told CNBC. In a series of tweets, Amtrak
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The problem with President Donald Trump‘s steel and aluminum tariffs is that China gets “off more or less scot-free,” said former U.S. Trade Representative Michael Froman. “There’s a real issue about overcapacity in steel and aluminum production around the world that is hurting our industry,” he told CNBC on “Power Lunch” on Friday. “That problem
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Gun sales plunged for the Smith & Wesson firearm maker in its most recent quarter, and the company slashed manufacturing jobs amid signs of a prolonged downturn. But American Outdoor Brands also signaled that it’s not concerned about big-box chains such as Dick’s Sporting Goods taking action to limit gun sales following the Parkland, Fla.
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Instant Pot is recalling one of its pressure cooker models because it can pose a fire hazard. The distributor has received 107 reports of the Gem 65 8-in-1 multicooker overheating, including five instances when it caused minor property damage, according to the U.S. Consumer Product Safety Commission. No injuries have been reported. The recall is
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Israeli police questioned Benjamin Netanyahu and his wife as part of an investigation into a corruption case involving the country’s telecom giant on Friday, casting a shadow on the prime minister’s upcoming visit to Washington. Police investigators entered Netanyahu’s residence Friday morning. An Associated Press cameraman saw them leave about five hours later. Netanyahu’s wife,
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Presidents Day — in addition to honor some of our country’s past great leaders — is known for a time to shop for some really great deals. There are sales popping up at many major retailers and ClarkDeals.com has you covered! Best Buy If you’re looking for home appliance deals during your Presidents Day shopping,
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All year long, Clark.com’s Michael Timmermann is sharing quick and easy ways to save money as part of our Michael Saves series. Check in every Monday as he puts new and familiar savings strategies to the test. Sign up for our newsletter to have these stories delivered to your inbox!  Thousands of Clark’s fans are already saving up
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Half restaurant, half retail and all country. That’s how Cracker Barrel describes itself. Dining at a Cracker Barrel is more than just eating — it’s an experience. Look no further than the country gift shop at the entrance and the rocking chairs on the front porch for proof positive! Beloved by millennials and old-timers alike,
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If you love the great outdoors, the National Park Service has four dates on tap throughout the year when you can visit any of the hundreds of parks it maintains free of charge. RELATED: National parks lifetime passes for seniors are about to get a lot more expensive The National Park Service (NPS) has announced that
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