US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown
US consumer spending — the economy’s main engine — has lost steam for most of this year, portending
2023-07-01 01:50
Canada Business Outlook Drops; Firms See Inflation Lingering
Sentiment among businesses fell to its weakest level since the depths of the pandemic, but inflation expectations of
2023-07-01 01:27
DeepMind Alum Wants to Use AI to Speed the Development of Green Materials
Ever since ChatGPT went viral last fall, companies have touted many ways artificial intelligence can make our lives
2023-06-30 23:25
Supreme Court Backs Web Designer Against Same-Sex Marriage
The US Supreme Court ruled that a Christian website designer has a free-speech right to create wedding pages
2023-06-30 22:20
China Pilots Steps to Lure Foreign Firms to Free-Trade Zones
China rolled out a number of measures to open up its free-trade zones as state leaders go on
2023-06-30 16:51
JPMorgan Team Ditches Bullish Treasuries View on US Data
JPMorgan Chase & Co. has ditched a bullish tactical view on Treasuries after a series of US economic
2023-06-30 15:50
China’s PBOC Sticks With Yuan Support as Currency Losses Deepen
China took steps to slow a decline in the yuan for a fourth time this week, as its
2023-06-30 15:47
Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:25
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back
2023-06-30 14:48
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:45
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:24
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:22