China's Very Slow Recovery
China’s consumer price growth slowed in November, reflecting weak domestic demand despite Beijing’s push to revive spending.
Go Deeper (2 min read)China Floods The World
A deluge of cheap Chinese goods sweeping across the developing world is straining relationships between China and the Global South, complicating Beijing's efforts to build alliances amidst escalating trade tensions with the U.S.
Go Deeper (3 min read)The luxury goods sector grapples with a significant decline in its customer base. Over the past two years, the industry has lost around 50 million customers, marking the first contraction in shopper numbers in decades.
Go Deeper (2 min read)The Fed Is Patient
Federal Reserve Chair Jerome Powell emphasized on Thursday that the current strength in the U.S. economy allows the central bank to adopt a measured approach to interest rate cuts.
Go Deeper (3 min read)Big Tech's AI Spending Surge
Big Tech's capital spending is projected to surpass $200 billion this year, with further increases anticipated in 2025.
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China's Weak Economy Gets A Boost
In an unprecedented move aimed at invigorating China's weakening economy and reviving a sluggish stock market, the People's Bank of China (PBOC) has rolled out a comprehensive set of policy measures.
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The Federal Reserve's Rate Cuts
The Federal Reserve is set to cut interest rates on Wednesday, a move that will gradually ripple through the economy over time.
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America's Wallet
Despite inflation, Americans have more money in the bank than in 2019 and only slightly more credit card debt relative to income. However, they don't necessarily feel better off than they did before the pandemic, inflation, and rising interest rates.
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China's Struggles
China's economy is grappling with a severe downturn, marked by a real estate crisis that has made consumers cautious and businesses hesitant.
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Fed's Pivot
Federal Reserve Chair Jerome Powell indicated that the central bank is preparing to cut interest rates soon, aiming to prevent further weakening in the U.S. labor market.
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Trade War 2.0
China’s strategy to revive its struggling economy by supercharging its manufacturing sector is putting pressure on industries worldwide, stoking fears of a looming global trade war.
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