Corporate America Is Hurting on China’s Worsening Economy
China’s worsening economic downturn is negatively impacting major American businesses operating in the country, especially those linked to its declining manufacturing, construction, and export sectors....
Washington's Fiscal Blowout: Interest on Federal Debt Has Hit 15.5% Of All Federal Debt
President Biden and Congress have set alarming records with their skyrocketing spending and deficits. In just the first 10 months of the fiscal year, the...
China's Deflation Wave Could Ripple Across the Globe
China’s rising deflationary pressures spell disaster, threatening to drag the nation and potentially the global economy into a devastating slump. Plummeting prices erode corporate profits,...
U.S. leading index falls for 15th month in a row — and still no recession
The numbers: The leading economic index dropped 0.7% in June, falling for the 15th month in a row, a recession signal if there ever was one....
U.S. retail sales barely rise, pointing to weak spots in the economy
The numbers: Sales at retailers rose a tepid 0.2% in June, reflecting a shift in consumer spending habits and signaling softness in some parts of...
China Controls Minerals That Run the World—It Just Fired a Warning Shot at U.S.
China’s recent move to impose export restrictions on minerals used in various industries serves as a stark reminder of its control over global mineral resources....
Powell’s Honesty About Inflation Is Rare. Why Markets Need to Be Worried.
It’s highly unusual for the heads of four of the world’s most powerful central banks to hold a public discussion together. That’s what happened on...
Powell Says Fed’s Inflation Fight Could Take Years
The Federal Reserve is expected to continue raising interest rates, despite their recent decision to temporarily slow down the pace of rate increases. Chair Jerome...
Powell, Other Central Bankers Face Uncertain Inflation Outlook: WSJ
Central bankers globally have hastily escalated interest rates to levels not seen in over a decade in an attempt to quell inflation. However, they admit...
Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
AFP via Getty Images Text size Central bankers from around the world are gathering in Sintra, Portugal this week to discuss the state of the...