Recently, Beijing announced it would permit the yuan to rise in value as much as one percent each day. This was greeted by China watchers as an important indication Beijing would finally permit the yuan to rise against the dollar significantly enough to reduce the U.S. trade imbalance with the Middle Kingdom. Read More
Without prompt efforts to produce more domestic oil, redress the trade imbalance with China, relax burdensome business regulations, and curb health care mandates and costs, the U.S. economy cannot grow and create enough jobs. Read More
The deficits on oil and with China account for nearly the entire $621 billion trade deficit—nearly 4 percent of GDP. Cutting these in half, through changes in energy and trade policy, would increase GDP, including multiplier effects, by some $500 billion and create 5 million jobs. Read More
A federal rule that fast-tracks unionization elections is a nothing more political payback to organized labor, former General Motors Vice Chairman Bob Lutz said Tuesday. Read More
Sunday, Beijing announced it was widening the daily trading range for the yuan to one percentage point. This news has been heralded as another indication that China is liberalizing its currency, and the yuan may now be fairly valued. This may be dead wrong. Read More
Gary Burnison, CEO of Korn/Ferry International and author of "The Twelve Absolutes of Leadership" explains how to make sure you set the right strategy and make it stick. Read More
The $620 billion annual trade gap is the most significant barrier to more robust growth and jobs creation, and oil and subsidized imports from China are the culprits. Read More
Barack Obama and his Republican challengers don’t agree about much, but they do agree the U.S. economy can’t be turned around, and middle class prosperity saved, without a strong contribution from manufacturing. Read More