Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Cardboard boxes are a really big deal in the U.S.
Amazon alone shipped over 5 billion packages through Prime in 2017, and in 2019, announced they are expanding their one-day delivery service to over 10 million products.
That growth has been great news for the paper and packaging industry after the move to digital devices caused a drop in the production of copy paper and newsprint.
Starting in the early 2000s, the U.S. corrugated box market faced multiple economic obstacles. The great recession dragged on box demand. And even after the recession, demand continued to slow for consumer goods like soda and for the boxes that transport them.
But box makers found a saving grace in e-commerce sales — and Amazon sales specifically, which were growing at mostly double digit rates in the recession and post-recession years.
In an effort to reduce costs and ship out an ever-increasing number of products faster, Amazon has now moved to plastic mailers and plastic bags for many of its smaller products.
Watch this video to find out more about the money behind Amazon's shipping boxes.