While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.
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The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.
When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.
In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.
The US and Mexico will apply tariffs to some US steel and aluminum imports to keep Chinese metals from entering America.
America’s “left behind” counties — which fell behind the rest of the country beginning in the early 2000s — aren’t so far behind…