China

International Economics

US Trade War Saps China’s Economic Momentum

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While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.

2 min read

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Consumer

Diamonds Come Under Even More Pressure from Sluggish China Demand

Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.

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Semiconductors

Chip Stocks Take a Tumble as US Hints at More Restrictions on China

American chip stocks fell Wednesday morning amid the prospect of even tighter restrictions on business with China.

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Big Tech

Apple Makes Strides in India as Global Competition Heats Up

As the global market becomes increasingly competitive, Apple has turned toward India as a way to diversify its revenue stream.

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Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

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Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

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Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

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Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

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To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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