Cliff Waldman, chief executive officer of New World Economics, explains how manufacturing labor productivity is measured, and why it’s such an important metric for assessing economic health.
The number of COVID-19 infections is surging in Malaysia, threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.
The first big test of Biden’s lofty clean-power ambitions may not be congressional approval of sweeping climate legislation, but managing a solar supply chain that’s being shaken by the seizure of imported Chinese panels.
The global transition to a carbon-neutral economy will cause economic disruption reminiscent of the energy crisis of the 1970s, according to a paper by the Peterson Institute for International Economics.
The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert away from Ningbo amid uncertainty over how long virus control measures in the city will last.