Economy

New York Governor Andrew Cuomo downplayed the $1.5 billion in tax credits and $1.2 billion in tax breaks given to Amazon in return for the company basing its new headquarters in New York City, claiming it, “Cost us nothing.”

Cities went to embarassing lengths to court Amazon, the same company destroying their high streets.

As part of its deal with Amazon, which has based one of its new headquarters in Arlington, Virginia, the state will give Amazon two days notice of any Freedom of Information Act (FOIA) requests filed against it “to allow the Company to seek a protective order or other appropriate remedy.”

After a rebuke by Larry Kudlow, China hawk Peter Navarro has been reined in ahead of President Trump’s meeting with China’s Xi Jinping in Argentina this month.

Bass lauded Trump’s trade policy towards China and said the world’s 2nd-largest economy requires a “reset” to avoid further slowing growth. 

Wednesday, Democrat New York City Mayor Bill de Blasio discussed on MSNBC’s “Morning Joe” Amazon’s decision to build a headquarters in New York’s Long Island City. De Blasio said the city made it clear beforehand that the retail giant would

Tesla’s latest Elon Musk vanity project, an alcoholic beverage called “Teslaquila,” is now facing issues with Mexico’s Tequila Regulatory Council.

Jan Singer, the CEO of the L Brands Inc. unit overseeing Victoria’s Secret, has resigned following a two-year-stint on the job.

Steve Wozniak, the brilliant co-founder of Apple Inc., stated in a recent interview that Elon Musk’s Tesla “makes so many mistakes.” He added that he believes in a future of self-driving cars, but stated “I don’t really believe it’s quite possible yet.” 

Caravan migrants in Mexico told the Dallas News they are migrating towards blue-collar jobs in the United States.

The latest data from the Labor Department shows that the prices of many things subject to Trump’s tariffs are actually falling.

The UK has topped the list of the European Union’s ‘Big Four’ economies in third-quarter Gross Domestic Product (GDP) growth, while Germany’s economy shrunk in Q3.

The lawsuit by pro-migration, pro-caravan groups against President Donald Trump’s border policy will get a hearing on November 19 in a San Francisco courtroom. The judge is expected to freeze Trump’s pro-American reform and allow the growing number of caravans and

A contributor for the Washington Post admits that free trade was the “biggest 2018 midterm loser” in the elections across the country this month.

Five million Central American residents want to migrate into the United States, according to a Gallup survey published right after the midterm elections.

Trump once again shows that he can send oil prices lower simply by tweeting.

Europe needs to diversify its energy supplies to cut its dependency on Russia, U.S. Energy Secretary Rick Perry said Tuesday.

Amazon has decided to split its new headquarters, HQ2, between New York City and Arlington, Virginia.

The UK has seen wage growth hit a ten-year high while there has been a record fall of migrant workers from the European Union, signalling employers are adjusting salaries in preparation for an end to cheap, unlimited labour when Britain leaves the bloc.

Optimism dipped in October but remains elevated.

Official figures show that average earnings in Britain are rising at their highest rate since the most acute phase of the global financial crisis a decade ago.

The Victoria’s Secret brand hopes to showcase a ‘transgender’ biological man in women’s underwear, says Ed Razek, the brand’s chief marketing officer.

The Swedish Employment Service is facing heavy criticism over a new optimistic report on the employment of new migrants, with critics pointing out that the only growth has been in jobs heavily subsidized by the government.

Fewer corporate leaders worried about tariffs even as the number of tariffs imposed by the Trump administration rose in the third quarter.

WalletHub, the personal finance website, commemorated Veteran’s Day by releasing its annual ranking of the best and worst U.S. cities for former service men and women to put down roots.

Participation in the nation’s food stamp program has sunk to an all-time low, reaching its lowest level in nearly a decade, according to the latest data from the U.S. Department of Agriculture (USDA).

A group of German lawmakers have accused Angela Merkel of working to place Germany under Russian influence as she pushes on with a gas pipeline that would see central Europe directly connected to Russia for energy — just months after U.S. President Donald Trump warned against the potential consequences of the project.

Tech giant Google has reformed its rules relating to sexual misconduct following worldwide company walkouts in protest of multiple allegations of sexual assault by Google executives.

White House trade adviser Peter Navarro took Wall Street globalists and China to task on Friday, blasting them for trying to work against President Trump’s efforts to end unfair Chinese trade practices for the good of the American worker.

A Chinese pork company ran out of money to pay its bondholders after consumers turned against its products. So instead it is paying its debt with ham.

There’s a mysterious category in PPI called “trade services” that might have created an illusion of inflation in October.

Prices on home appliances, electronics, cars, trucks, soaps, and even toilet paper fell in October.