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...
economy
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...
China’s economic growth slows to 4.9% in the third quarter
The rate of growth from a year ago in the July-to-September period was much slower than the 7.9% year-on-year increase...
It’s official. China’s manufacturing industry is in trouble
A government survey of manufacturing activity released Thursday fell to 49.6 in September, down from 50.1 in August. Any reading...
Trump abandoned this giant trade deal. Now, China wants in
Chinese Commerce Minister Wang Wentao applied for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to...
China’s trade hit record levels last month despite the global shipping crisis
Exports spiked 25.6% in August from a year ago to $294.3 billion, according to customs statistics published Tuesday. Imports jumped...
A key inflation measure rose at fastest pace in 30 years in July
The price index for American consumer spending, also known as the PCE index, rose at a rate of 4.2% in...
One million vacancies and soaring wages fuel UK inflation fears
The strong recovery in the labor market was highlighted in data published Tuesday by the Office for National Statistics and...
TCS employs more than 500,000 people. It’s ready to ditch office life in India
Simply figuring out how to ship office equipment was a tough task. "So the first and foremost thing was working...
