Supply Chain – Page 15

Why What We Thought About the Global Economy Is No Longer True

While the world’s eyes were on the pandemic, the war in Ukraine and China, the paths to prosperity and shared interests have grown murkier.

Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.

The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.

Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.

Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.