TikTok aside, Congress has its eye on the U.S. money going into China
BEIJING — The U.S. Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that…
Fed raises GDP and inflation outlook, while keeping rate cut forecast
Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth. The Federal…
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…
Bank of England set to hold rates, but falling inflation brings cuts into view
LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists…
EU-China trade relations are in a ‘slow-motion train accident,’ business group says
BEIJING — Trade tensions between Europe and Beijing will likely escalate due to China’s growing ability to manufacture more cheaply…
