US Manufacturing Activity Hits 13-year High

U.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter. The economic outlook was also bolstered …

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China Manufacturing Expands at Fastest Pace in 5 Years

An official survey released Saturday said that China’s factory activity expanded in September at the fastest pace in five years, as the country’s vital manufacturing sector stepped up production to meet strong demand. The official manufacturing purchasing managers’ index rose to 52.4 in September, up from 51.7 in the previous …

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Untangling US Tax System

Nearly all U.S. taxpayers say American tax law, which runs tens of thousands of pages, is an incredibly complicated, annoying mess. And there is no agreement on how to fix the problem. Republicans recently outlined a new effort they say will be clearer, fairer and helpful to the economy. Critics …

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Tree-trimming Company Hit With Record Fine for Hiring Undocumented Workers

The government has fined U.S. tree-trimming company a record $95 million for knowingly hiring undocumented immigrants. U.S. prosecutors said the fine against Philadelphia-based Asplundh Tree Expert Co. was the largest criminal penalty ever imposed in an immigration case. Prosecutors said company managers deliberately looked the other way while supervisors knowingly …

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India Hosts US-sponsored Afghan Trade Show

A four-day Afghanistan trade-and-investment show, sponsored by the United States and aimed at providing new opportunities for businesses in the war-torn country, got underway Wednesday in New Delhi, but the mammoth challenge of that task was underlined even before the conference began. Afghanistan’s Chief Executive Abdullah Abdullah, who was scheduled …

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