The National Retail Federation anticipates that the Trump administration will seek action on three legislative priorities — tax reform, regulatory reform and Affordable Care Act repeal — very early next year. NRF’s agenda for 2017 and beyond is driven by retailers’ input, and many 2016 issues — swipe fees, online sales tax, trade, tax reform, […]
Forecasting the direction of food safety policy and enforcement may be difficult in the wake of any general election. The incoming administration will select its own team, and this team may bring new visions and perspectives to federal agencies and offices.
The expanding ready-to-drink coffee and tea category has many manufacturers seeking retail shelf space for their products. Refrigerated beverages need to steal slots from juice and fruit drinks, while ambient products are pushing out carbonated beverages and isotonics.
A diverse group of shippers is challenging fees that container lines and marine terminals impose for delays at US ports. But first the shippers need approval from federal maritime regulators. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
U.S. consumer confidence shot to its highest in more than 15 years in December as expectations for strength in job growth, business conditions and the stock market continued to build following the U.S. presidential election, a survey said on Tuesday.
A strengthening dollar is re-emerging as a threat to U.S. manufacturers by making their exports more expensive and their foreign earnings less valuable. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
Boeing expects China to become its first trillion-dollar market. It projects the country would need more than 6,000 new commercial airplanes to accommodate its expanding aviation needs for the next two decades. In 2016, China bought 164 airplanes from Boeing, amounting to about $11 billion, and making the country its largest customer. Boeing hopes to […]
The nation’s gross domestic product, which measures the total output of goods and services, expanded at a rate of 3.5% in the third quarter of the year, according to the Commerce Department. This third and final estimate is up from a 3.2% rate estimated a month ago and a 2.9% estimate in late October.
Oil futures fell from the highest close in 17 months as an industry report was said to show U.S. crude stockpiles climbed last week.
Mexican gasoline prices will rise by as much as 20.1 percent next month compared to the highest recorded prices in December, the government said on Tuesday, as part of a program to end years of government-set prices at the pump. Diesel will rise 16.5 percent, with an average price of 17.05 pesos per liter.
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