Exclusive news, analysis and commentary on the US and global economy, central bank policy, interest rates, trade, and consumer sentiment.
Beijing’s move came swiftly in response to the White House’s decision to slap new curbs on exports of vital chip components to China.
The last mile is always the hardest. For the Federal Reserve, the last mile in its race to tame inflation just got even harder.
Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada.
In the coming decades, the Silent Generation and aging Baby Boomers are projected to hand down trillions in wealth. So who will benefit?
Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.
There’s a little bit of “What goes around comes around” behind Europe’s latest industrial policy initiative.
The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.
Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.
Just in time for Trump 2.0, China is on pace for history’s first $1 trillion trade surplus by a single nation, according to Bloomberg.
The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.
“Stagflation” has wreaked havoc on the economy in the past. While it has been an empty threat recently, it still needs to be considered.
Distractions from Election Day mania are expected to be so extreme, it may cost the American economy billions of dollars per hour.
Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.
Of 12 major developed-market central banks, eight are in rate-cutting mode, with Australia, Norway, Japan, and Taiwan the odd men out.
The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.
JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.
UK officials are reportedly weighing hiking taxes on gambling, and Macau continues to wean itself off the industry.
When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.
Dave Clark, who created Amazon’s mammoth, world-leading logistics network, announced in a LinkedIn post that he’s starting his own venture.
China is grappling with a depressed job market, a struggling property sector, weak consumer spending, geopolitical tensions, and debt.