‘To throw Americans out of work, start a trade war’: China weaponises Ronald Reagan to undercut Trump’s trade war narrativeChina has thrown Ronald Reagan’s words back at Donald Trump to slam the former US president’s surging tariffs, escalating a fierce trade wa...
View: Why a recession in the US won't be very bad for IndiaHarvard's Jason Furman started the year with a 50% probability of a recession within the next one year. He's now recalibrated it to 20%. Ma...
Strikes against automakers spread to 38 locations in 20 states, Stellantis and GM are targetedThe UAW's contract with the automakers expired at midnight on September 14, and workers walked out of a Ford assembly plant near Detroit, a...
How it came to this: The Fed and White House's slow inflation awakeningMore than a year later, price increases at 40-year peaks have proven to be anything but, so much so that the Fed this week appears ready to...
Global economy sinks deeper into turmoil as Fed prepares to raise ratesFed officials have held interest rates near zero since March 2020 and are expected to raise them for the first time since 2018 on Wednesday.
- Soccer-Mbokani double sees Congolese to easy win
SOCCER-WORLDCUP/AFRICA:Soccer-Mbokani double sees Congolese to easy win
Interesting facts about the Guinness Book of World RecordsAnnually, around 50,000 people apply to Guinness World Records in the hope their achievement will make it into print. Only around 1,000 act...
US firms blur investment picture by going 'lightweight'Instead of spending on buildings and big machines, companies are investing more in software and hi-tech equipment that is often lighter and...
Great Moderation 2.0: Could the stabilising world economy result in an economic expansion that lasts a very long time?Investors are becalmed, with a risk measure that uses options to forecast fluctuations in equities, currencies, commodities & bonds around ...
- US consumer prices surge, job market strained
US inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.
- Next US President to inherit record budget deficit
The White House in February had forecast that next year's deficit would be $407 billion, which puts the increase in the projections at $72 ...