This measure of German inflation just hit its highest level since 1949
German annual producer price inflation topped 30% in March, the country's Federal Statistics Office said on Wednesday. That's its highest...
economy
Germany faces $240 billion hit if Russian gas is cut off
The country would lose 220 billion euros ($238 billion) in economic output over the next two years in the event...
China’s economy hit by double whammy in March
The official manufacturing Purchasing Managers' Index (PMI) fell to 49.5 from 50.2 in February, the National Bureau of Statistics (NBS)...
The Great Resignation is taking root around the world
"The Great Resignation is people saying, 'Whatever the situation is, I want better,'" Patrecia Ming Buckley told CNN Business. The...
China’s President Xi Jinping vows to ‘minimize’ the economic impact of Covid spike
China must "strive to achieve the maximum prevention and control at the least cost, and minimize the impact of the...
Rate hikes are here: What does that mean for you?
Fed officials said Wednesday they are raising interest rates, beginning their first cycle of rate hikes since the one that...
China’s economy had a surprisingly good start to the year, but it may not last
Retail sales rose 6.7% in the first two months of 2022 compared to a year ago, according to data released...
This key measure of inflation climbed at the fastest pace since 1982 last month
The price index tracking consumer spending increased by 6.1% between January 2021 and January 2022, according to new data from...
Why the Russian invasion will have huge economic consequences for American families
That's because the world economy and financial markets are interconnected. As Covid demonstrated, events on one side of the planet...
Why the Ambassador Bridge is crucial to two nations’ economies
And the Ambassador Bridge, which separates the US and its neighbor to the north, may be the most economically important...
Analysis: Why China won’t put its economy on the line to rescue Putin
But don't expect China to offer much more than supportive words to its northern neighbor should the United States and...
Child care workers are vanishing and it’s hurting the entire economy
And now it's starting to backslide.The workforce reductions -- coupled with ongoing challenges of low pay and spotty benefits for...
China’s birth rate drops for a fifth straight year to record low
The world's most populous country recorded 10.62 million births last year, or only 7.5 births per 1,000 people, according to...
China’s economy expanded 8.1% in 2021, but growth is slowing
That figure is roughly in line, if not slightly higher than, the expectations set by many economists. And it outstrips...
Fed Releases Transcripts of 2016 Policy Meetings
Transcripts released by the Federal Reserve on Friday revealed the extent of officials’ 2016 debate over how fast to move...
China’s industrial profit growth tumbles as raw material prices fall
Profits rose 9.0% on-year in November to 805.96 billion yuan ($126.54 billion), well off the 24.6% gain reported in October.For...
China spent 2021 battling business. Xi Jinping will play it safer this year
Add that to a handful of other problems in the world's second largest economy, and you have some serious risks...
China may have to juice its economy soon as ‘stagflation’ risk rises
Liu Shijin, a member of the People's Bank of China's monetary policy committee, told an online forum on Sunday that...
China’s factories are still struggling with the energy crunch and supply woes
A government survey of manufacturing activity released over the weekend fell for a second straight month, down to 49.2 in...
New Zealand and United Kingdom seal free trade deal
The deal will cut red tape for businesses, end tariffs on UK exports, and create new opportunities for tech and services...
