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6 mins read

Silver on an upswing – The metal may offer an attractive investment option as China reopens

Price of silver has rallied in the last few months, as industrial demand also saw a pick up. Beside…

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4 mins read

New York City needs China's economy to bounce back

New York City's tourism industry is showing signs of recovery post-pandemic. However, a full recove…

Cork Gaines   


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2 mins read

China's economy has turned rotten and its reopening boom is a 'charade,' market expert says

"A growth model dependent on stimulus and debt was always going to be unsustainable, and now it has…

Filip De Mott   


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2 mins read

Here's why China's weak economy is good news for the US stock market

"China's economy is in a property-led and fertility-led depression," Ed Yardeni said, adding that C…

Matthew Fox   


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2 mins read

China stocks have wiped out all of their gains since reopening from pandemic lockdowns

Over the past week alone, foreign investors dumped a net 24 billion yuan, or $3.3 billion, of onsho…

Jennifer Sor   


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1 min read

US stocks trade mixed to begin final trading week of 2022 as China further reopens economy

China announced it would reopen its borders next month as part of broader plans to loosen COVID res…

Phil Rosen   


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6 mins read

10 signs the US economy may struggle in the next year

Torsten Sløk, chief economist at Apollo Global Management, shared at an economic forum several risk…

Madison Hoff,Noah Sheidlower   


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1 min read

Investors are putting too much faith in China's reopening as sick workers will drag on the economy, Saxo strategist says

Beijing pivoted away from zero-COVID last month, fuelling hopes of an economic surge – but sick wor…

George Glover   


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2 mins read

Wendy's now competes with Cheerios for breakfast customers as much as it competes with other chain restaurants, its CMO says

Remote work means fewer customers are getting breakfast on-the-go, but Wendy's just reported record…

Grace Dean   


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2 mins read

These 10 stocks have the most exposure to China's 'stalling' economy, BofA warns

While the overall S&P 500's direct China revenue exposure is less than 5%, some companies have expo…

Matthew Fox   


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1 min read

McDonald's is reopening in Ukraine, where employees have 'a strong desire to return to work' and want a 'sense of normalcy'

McDonald's closed its restaurants in Ukraine after Russia invaded the country, but has continued pa…

Britney Nguyen   


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1 min read

China's economy is entering a 'structural hard landing' as growth will remain low

China's economic growth will stay under 5% at least through the end of 2024, according to TS Lombar…

Jennifer Sor   


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1 min read

The world's best restaurant, which sells $700 lunches, posted a $240,000 loss amid Denmark's Covid restrictions

Noma in Copenhagen reported a net loss of 1.69 million kroner ($240,000) for 2021. It was shut for …

Huileng Tan   


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2 mins read

A seafood restaurant in Alabama is closing down because it cannot find enough cooks

The owners of Bayley's Seafood Restaurant in Theodore had already reduced its operating hours after…

Grace Dean   


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1 min read

The new McDonald's in Russia sold 120,000 burgers on its opening day, surpassing daily records in its past life, CEO says

"We have never seen such daily turnover in the whole time McDonald's has worked in Russia," said Vk…

Huileng Tan   


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1 min read

The UK economy grew 4.8% in the second quarter as the easing of restrictions powered a rapid expansion

UK GDP grew 1% in June, the Office for National Statistics said, more than the 0.8% economists had …

Harry Robertson   


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1 min read

Walmart says customers starting to shop like normal again as the US economy continues to re-open

Buying behavior is returning to normal as people resume traveling, socializing, and working from of…

Grace Dean,Dominick Reuter   


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2 mins read

New York City makes outdoor dining permanent in a major win for restaurants as they brace for a slow winter

Restaurants now face the challenge of making al fresco dining appealing in below-freezing temperatu…

Irene Jiang   


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3 mins read

New York City is allowing indoor dining to reopen at 25% capacity, but experts say it isn't enough to save restaurants

"It literally makes no sense to put my life at risk and my staff members at risk for 12 people to c…

Kate Taylor,Irene Jiang   


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2 mins read

New York City will allow restaurants to open for indoor dining after a group of more than 300 owners filed a $2 billion class-action lawsuit

New York City restaurants will be allowed to open dining rooms to 25% capacity on September 30, New…

Irene Jiang