Some of the biggest gains in U.S. exports due to a production-cost advantage over Europe and Japan are likely to be seen in chemicals, machinery, and transportation equipment, according to The Boston Consulting Group (BCG).
Regional and state unemployment rates were little changed in July: 28 states and the District of Columbia had unemployment rate increases, 8 states had decreases, and 14 states had no change, the U.S. Bureau of Labor Statistics reported.
U.S. health insurers plan to spend $1 billion on television advertising over the next two years. TVB estimates that insurers would invest around 1% of the incremental revenue generated from new customers.
Cost, competitiveness and shifts in global demand from developed markets to emerging markets could force manufacturers in Denmark, Finland, Norway, and Sweden to cut around 200,000 production jobs over the next five to seven years, according to The Boston Consulting Group (BCG).
Governor Rick Snyder announced that Detroit will receive $52.3 million in federal money to fight blight and four other Michigan cities will split $37.4 million to pay for projects to preserve property values and fight crime.
Double digit growth for Canadian life insurers' wealth management business in the second quarter helped continue the first quarter's positive trend, says Moody's Investors Service in "Q2 2013 Canadian Insurance Results: Wealth Management Continues to Drive Top-line Growth".
Physicians across all organization types can expect to see median salary increases of 2.4 percent for 2014, on par with salary increases last year, according to the Hay Group's 2013 Physician Compensation Survey.
Britain's gold exports to Switzerland surged in the first half of this year, according to Macquarie. The UK exported 240 tonnes of gold to Switzerland in May, while its exports over the first half of this year totalled 797 tonnes.
Brazil's federal tax revenues rose in July from the previous month, the federal tax department reported Monday. Revenue rose 10% from the previous month to 94.3 billion Brazilian reais ($39.3 billion).