The platforms of both major political parties are based on the belief that the actions of presidents have a direct impact on the U.S. and global economy. But is that really so?

To understand policymaking in China, pay attention to the buzz phrases. The country's favorite economic slogan, "supply-side structural reform," just got its most international exposure so far, at the Group of 20 summit in Hangzhou.

Anti-trade fervor is reaching heights we haven't seen since the Smoot–Hawley Tariff was passed in 1930.

The Federal Aviation Administration, citing fire hazards, has warned against using Samsung Galaxy Note 7 smartphones on aircraft. Three Australian airlines and the German carrier Lufthansa have outright banned their use onboard. But the threat of airliner fires is not limited to Samsung devices, which the company has offered to replace. And the hazard is far more than theoretical.

An independent study published on Friday suggests ways to significantly improve the health, safety and welfare of workers in the global container port industry.

Over the last few decades, international trade has exploded, driven in large part by tremendous improvements in efficiency and transportation cost reductions related to the containerization of freight. However, success depends on an intricately orchestrated chain of events where the drayage fleets move containers from the shipyards to inland warehouses and from rail yards to consignees across the United States.