How Navarro Got His Name White House Director of Trade and Manufacturing Policy Peter Navarro is typically criticized for having views on trade that “are significantly outside the mainstream of economic thought.” Still, he is a Harvard-trained economist and pursuing news headlines of the past couple of days, it is not difficult to see how he arrived at his most cynical view towards global economic competition.
Settlement with the Devil Bayer AG is reportedly seeking a $10 billion settlement with plaintiffs’ lawyers over accusations that Roundup causes cancer. The company wants a settlement that keeps glyphosate on consumer shelves while protecting against future litigation. Basically, it is cheaper to concede to the c...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
