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You Searched For "Stimulus plan" and got 20 results


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2 mins read

China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says

China is weighing additional stimulus that would increase if Trump wins the US election. The candid…

Kelly Cloonan   


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1 min read

Luxury stocks are on the slide again as China's stimulus plans disappoint

Luxury sector stocks are suffering as European markets react to China's economic uncertainty and la…

Nora Redmond   


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3 mins read

China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers

China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary …

Filip De Mott   


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2 mins read

Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says

Republican presidential candidate Donald Trump said in February he would slap tariffs of over 60% o…

Huileng Tan   


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A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says

A Trump win would likely come with a host of inflationary policies that would make it difficult for…

Kelly Cloonan   


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4 mins read

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   


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8 mins read

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   


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1 min read

China could raise nearly $1 trillion of fresh debt in the next 3 years to revive its economy

Beijing could raise 6 trillion yuan, or $850 billion, by selling treasury bonds over the next three…

Jennifer Sor   


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2 mins read

Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy

Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, clo…

Kelly Cloonan   


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1 min read

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   


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1 min read

China to increase debt issuance in bid to revive economy

China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property …

Rebecca Rommen   


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5 mins read

Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut

The spotlight is on earnings season after a surprise jobs report called into question when the next…

Dan DeFrancesco   


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2 mins read

China released a 22,000-character plan for its economy that doesn't say very much

David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…

Huileng Tan   


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5 mins read

The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene

With Israel-Iran escalation, a port strike, and a hurricane, the US economy is balancing a fine lin…

Dan DeFrancesco   


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5 mins read

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   


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4 mins read

A boomer said he's struggling to survive on Social Security after retiring early to care full-time for his wife

Robert Papalia, 74, retired early to care for his ailing wife, Marie, and they're struggling financ…

Noah Sheidlower   


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5 mins read

Things are looking up for the economy. So why are consumers still unhappy?

US consumers' confidence in the economy has dropped over finding another job. But new payroll data …

Dan DeFrancesco   


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9 mins read

We're losing the one thing that's keeping the peace between America and China

American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…

Linette Lopez   


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3 mins read

Nifty, Sensex in freefall today as Iran mounts attack on Israel. Here's what experts think you should do

The war could throw a huge spanner on India's crude oil import plans. As of August 2024, about 44.6…

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2 mins read

Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says

Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Me…

Filip De Mott