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2 mins read
The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says
Most of the stimulus cash deployed during the pandemic was "unproductive," which fueled inflation, …
Jennifer Sor
2 mins read
Buy US-listed casino and copper stocks to capitalize on China stimulus, research firm says
Gaming and copper equities have outperformed since China's stimulus blitz, and are likely the safes…
Kelly Cloonan
1 min read
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
2 mins read
Stock market today: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend…
Matthew Fox
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
3 mins read
Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of…
Theron Mohamed
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
3 mins read
Sensex hits 85,000 level but closes flat as FMCG, banking shares drag
Sensex scaled the 85,000 level and Nifty breached the 26,000 mark for the first time before paring …
1 min read
China chip stocks are soaring as excitement grows for another round of stimulus from Beijing
Chinese chip stocks gained $13 billion on Monday as traders expect Beijing to extend stimulus suppo…
Kelly Cloonan
3 mins read
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
1 min read
Luxury stocks have gotten a huge boost from China's stimulus this week
Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to m…
Kelly Cloonan
2 mins read
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further …
Kelly Cloonan
2 mins read
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduce…
Kelly Cloonan
5 mins read
The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.
As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…
Madison Hoff
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
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
1 min read
Stock market today: S&P 500 notches fresh record on labor-market data and China stimulus pledge
Indexes rose Thursday on a surprise fall in jobless claims and pledges of further stimulus in China…
Kelly Cloonan
3 mins read
Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the gover…
Matthew Fox
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
3 mins read
3 reasons rate cuts won't stimulate the economy like they have in the past: Morgan Stanley Wealth Management CIO
Rate cuts aren't going to be effective in boosting the economy for these 3 reasons, says Lisa Shale…