The U.S. and Cuba reopened their embassies yesterday, closing one of the final chapters of the Cold War. Calling it a “historic day,” Secretary of State John Kerry said “the interests of both countries are better served by engagement than by estrangement.” U.S. industrial giant Caterpillar (IW 500/23) has been making that same pitch for two decades.
The United States needs a comprehensive competitiveness strategy that clearly expresses exactly what we want to achieve for our country… not for an industry or special interest… but our country as a whole....More
Up, down, up, down: The latest durable goods report marked another drop, though not at steep as August's, after consecutive monthly increases. Are we headed back up in the fourth quarter and beyond?...More