Manufactured durable goods new orders rose to $343.59B in May, its highest level ever. This represents a 16.4% increase from ...

GE Appliances has announced a nearly half-billion-dollar project that will create 800 jobs and shift production of clothes ...

Mainstream economics is deterministic, holding that economic actors continue to move in one direction, not responding to ...

Sportscar maker Lotus is considering ending production at its home in the UK in favour of setting up a new plant in the US, ...

Chittoor police apprehended N Anand, a failed film producer turned thief, recovering stolen property valued at approximately ...

CESTAT Kolkata held that recovery of cenvat credit alleging receipt of only paper invoice without actual receipt of inputs is not tenable due to incomplete investigation carried out on the part of the ...

Producer surplus is good for the economy because it motivates producers to make and supply goods and services, since they can earn more than their production costs.

U.S. producer prices inched higher in May, reflecting a modest rebound in wholesale costs led by services and goods after recent declines.

U.S. producer prices increased less than expected in May, restrained by lower costs for services like air fares.

Though there have been no widespread layoffs as employers hoard workers in an uncertain economic environment, the labor market is losing steam. An immigration crackdown by the White House is also ...