Mark Niquette
National Economics Reporter at Bloomberg News
National economics reporter for Bloomberg News. All views expressed are my own.
Articles
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1 week ago |
news.bloomberglaw.com | Mark Niquette
Orders placed with US factories for business equipment declined in April by the most since October, suggesting a diminishing appetite to invest amid uncertainty about tariffs and tax policy. The value of core capital goods orders, a less-volatile proxy for investment in equipment that excludes aircraft and military hardware, decreased 1.3% last month after an upwardly revised 0.3% gain in March, Commerce Department figures showed Tuesday. Such shipments fell 0.1%.
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1 week ago |
bloomberg.com | Mark Niquette
(Bloomberg) -- Orders placed with US factories for business equipment declined in April by the most since October, suggesting a diminishing appetite to invest amid uncertainty about tariffs and tax policy. The value of core capital goods orders, a less-volatile proxy for investment in equipment that excludes aircraft and military hardware, decreased 1.3% last month after an upwardly revised 0.3% gain in March, Commerce Department figures showed Tuesday.
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2 weeks ago |
bloomberg.com | Mark Niquette
I’m Mark Niquette, a US economy reporter in Columbus, Ohio. Today we’re looking at bringing back manufacturing jobs to the US. Send us feedback and tips to [email protected]. And if you aren’t yet signed up to receive this newsletter, you can do so here. Will sweeping tariffs spark a resurgence of US manufacturing? Not in the near term, and possibly yes in the long term, but at a high cost, according to Wells Fargo economists.
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2 weeks ago |
news.bloomberglaw.com | Mark Niquette
On May 22, the US House of Representatives passed a multi-trillion dollar bill that implements President Donald Trump’s domestic agenda. The legislation would extends the tax cuts implemented in Trump’s first term, which were set to expire, and allocate billions of dollars to defense, immigration enforcement, and other administration priorities. The measure now moves to the Senate, which is expected to make significant changes. Here’s what to know. What tax changes are in the bill?
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2 weeks ago |
bloomberglinea.com | Mark Niquette |Scott Eells
Bloomberg — El gobierno de Estados Unidos está poniendo fin a la producción del centavo, citando una demanda drásticamente reducida y ahorros inmediatos. El Departamento del Tesoro anunció en un comunicado que realizó su último pedido de monedas de un centavo en blanco este mes, y que la Casa de la Moneda de Estados Unidos dejará de fabricarlas cuando se agote el inventario. La noticia fue publicada previamente por el Wall Street Journal. Ver más: Actividad y sentimiento empresarial en EE.UU.
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Trump says his tariffs will spark a “manufacturing renaissance.” But the duties themselves are making that already monumental task even more challenging https://t.co/gQlQ4IZ1vl
The US merchandise-trade deficit with Ireland soared to a record in March on a massive inflow of pharmaceutical and medicines, likely a preemptive move by drug companies to front-run expected tariffs https://t.co/4CgjyI0ZBL via @markets
The US trade deficit widened to a record in March as companies rushed to import products as the Trump administration readied sweeping tariffs https://t.co/FNYfEbbxML via @economics