Christian Science Monitor | Business
Tools and Guides, Finance QuestionsTo withstand tariffs, farmers rebrand pecans to US consumers
The pecan may be the only native nut to the United States, but for the past decade, China has been its biggest consumer. Now, with the possibility of Chinese tariffs on a number of agricultural products looming, farmers are rethinking how to market pecans in the US.Details
Amid US woes, Chinese telecom giant turns to Europe, Asia
Huawei, the No. 3 smartphone brand, has repeatedly been stymied trying to enter the American market. The US has cited national security concerns.Details
The tax that binds? For many, Tax Day symbolizes civic duty.
Plenty of Americans have concerns about taxes, but overall, most view their returns through a lens of communal responsibility. It's a view that underpins democracy, some experts say.Details
US versus China: How a tussle for advantage fuels risk of a trade war
China's tactics include using industrial policies and state support in a bid for rapid modernization. The Trump administration wants to use American market power to get better deals from trading partners. At risk in the shuffle is a hard-won system of global trade rules.Details
Zuckerberg testimony: a tipping point for new privacy regs?
Even Facebook's founder says regulation of social media platforms is 'inevitable.' A new EU privacy law may also push corporations to adopt similar practices universally.Details
What's behind the plunge in bitcoin?
Cryptocurrency – that hip computer-software money that was supposed to sweep cash into the dustbin of history – is having its comeuppance in 2018. Its price is plunging, and governments are beginning to rein it in.Details
In US-China trade spat, soybeans symbolize two economies intertwined
A trade dispute escalated this week, as China pledged to respond in kind to proposed US tariffs. One target, soybeans, would hit US farmers particularly hard. But it also hurts Chinese consumers. Both sides have incentives to cut a deal.Details
Hawaii's low unemployment presents unique challenges
In a state famous for its bustling tourism industry, many hospitality companies are struggling to fill open positions. Hawaii has the lowest unemployment rate in the US and is now strategizing how to attract a young labor force and foster a higher demand for jobs.Details
Trump’s challenge to fuel-efficient car standards: an uphill battle
Carmakers haven't issued a unified call to roll back regulation to improve fuel economy, yet the EPA appears headed in that direction. With high stakes surrounding climate change, the courts could have the final say.Details
Facebook under fire, but it’s just part of ‘surveillance economy’
Google, Amazon, and social media platforms track and analyze people's personal data so they can predict what they'll buy and even how they'll vote. Privacy advocates want Congress to set limits on the practice.Details
In good times, safety net for the jobless frays
Since the Great Recession, nine states have cut unemployment benefits below the longtime norm of 26 weeks. Some say it's a way to rebuild reserves ahead of the next recession. But it carries risk for both the unemployed and the overall economy.Details
Yes, a trade war could hurt everyone. But we're not there yet.
President Trump announced sizable trade sanctions against China Thursday, and retaliatory moves by Beijing are expected. But it may lead toward negotiation and some resetting of rules, not a full-blown trade war that imposes severe hardship on the world economy.Details
Facebook uproar: Should personal data drive political ads?
Cambridge Analytica used Facebook data on 50 million Americans for the Trump campaign. The revelation offers a glimpse into how 'big data' is eroding privacy and reshaping politics.Details
Congress moves to ease bank rules: a needed update or a slippery slope?
Lighter regulation could make loans more accessible and help level the playing field for small banks against big ones. But critics warn of risks in legislation rolling back Dodd-Frank protections against a financial crisis.Details
Toys R Us to liquidate all of its US stores
After struggling with debt and online shopping trends that undermined its sales, the former toy store giant is planning to either shut down or sell all of its US operations over the next few months.Details