Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...

With the Trump administration announcing plans to impose 25% tariffs on pharmaceuticals, it reignites a critical discussion ...

The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.

The standard economic argument against tariffs is that, by eliminating foreign competition, they simply raise prices for ...

Enduro Genetics, a Denmark-based start-up, aims to increase efficiency in biomanufacturing. By getting producing cells ...

For example, a fishing quay costs 55 Production to build. If the settlement building it has a Production yield of 5, the fishing quay will take 11 turns to create — 55 divided by 5. If the ...

A variable cost increases as production volume increases, and falls as production volume decreases. For example, a toy manufacturer must package its toys before shipping them out to stores.

According to the latest reports, the new M4 MacBook Air is due to arrive “ within weeks ” and for Apple, it may not be soon ...

President Donald Trump’s shift in policy to reciprocal tariffs is a relief to markets, U.S. consumers and most trading ...

Big builders including D.R. Horton, PulteGroup, and Lennar are testing new building innovations in real-world housing.

Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move ...

Having hit a run rate of 214 million pounds per annum in 2025, management plans to hit 300 million per annum by the end of ...