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It’s classic credit-enhancement, taking a risky thing and wrapping it in something safer. Usually this goes fine. Occasionally it’s catastrophic.

This week’s earnings reports will likely reinvigorate outrage from US President Donald Trump, members of Congress, and their peers in Europe.

The US is the richest country in the world, yet an international outlier on many measures. Among industrialized nations, the US spends a lower percentage of its GDP on public social expenditure, has no universal healthcare system, union density is at an all-time low, and the average American’s standard of living is in decline, as [...]

An international coalition of unions just placed the United States on a "watchlist" for actions hostile to labor. The post Report: Labor Violations Skyrocket Under Trump appeared first on Truthdig.

China is demonstrating its ability to wring greater efficiencies from less-advanced hardware.

“Public conscience and community resistance have paid off,” read a statement from the De-ICE Citizens Bank Coalition.

The EV giant hinted it could unveil the product in early August.

Analysts said the rebound was unlikely to signal a return to pre-war levels.

China’s redirecting of exports away from the US is curbing inflation in other rich economies, Goldman Sachs found.