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Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…
Jennifer Sor
Americans want prices to go down, but deflation could spark a wave of unemployment, top economist Paul Krugman says
"So can we make America affordable again, in the sense of getting prices back to what they were bef…
Jennifer Sor
China just announced an $1.4 trillion plan to rescue its local governments
Friday's announcement is the latest in a string of stimulus measures China has taken to turn around…
Huileng Tan
China lost 36% of its billionaires to years of economic troubles and crackdowns
China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…
Hannah Abraham
Justin Trudeau, a champion of immigration, says he overdid it and strained Canada's economy
Under a new plan, the number of permanent residents arriving in Canada in 2025 will be reduced by 2…
Hannah Abraham
Millennials are hoarding cash. That could hurt them in the long run.
Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…
Callie Cox
America is entering a new 'economic supercycle'
The US economy is entering a bold new era that economists say will feature more inflation, more gro…
Linette Lopez
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
Huileng Tan
Even the strongest pillar of the Chinese economy is showing signs of weakness
China's exports grew 2.4% on-year in September, posting its lowest growth in five months as global …
Huileng Tan
Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy
Consumer prices rose marginally in September and producer prices fell sharply, stoking demand for g…
Theron Mohamed
Meet the 'disconnected youth': A growing group of Gen Zers who aren't working or going to school
A growing group of Gen Zers aren't working or going to school.
Juliana Kaplan,Ayelet Sheffey…
China markets surge on reopening as pent-up investors return from vacation
Sentiment in China's stock markets have been massively bolstered by Beijing's late-September 24 ann…
Huileng Tan
The job market is in the 'Twilight Zone,' top economist Claudia Sahm says
"One month does not make a trend, and even with the Federal Reserve cutting interest rates, a susta…
Jennifer Sor
China's retail investors are eyeing the stock market reopening after a weeklong break
China's Weibo microblog was abuzz with discussions about the stock market rally a day before they r…
Huileng Tan
Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'
Small breweries damaged by the hurricane are scrambling to help workers and figure out how to rebui…
Allie Kelly,Noah Sheidlower
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…
Huileng Tan
China's stimulus isn't enough for its economic woes. But its stock rally could help.
Thanks to last week's stimulus, China's stock market saw its best month in nearly a decade.
Huileng Tan
Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…
Huileng Tan,Matthew Loh
China is in the middle of its own retirement crisis as many older people cannot afford to stop working
China is expecting 300 million people to reach retirement age in the next 10 years, close to the si…
Jennifer Sor
Beijing is no longer hiding its panic about the state of its economy
The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking ov…