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 ...

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 ...

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

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.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

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

Another reason why Trump’s logic may not work is the US dollar exchange rate. The dollar has soared in recent months, ...

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 ...

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