Finance

China’s local government debt problems are a hidden drag on economic growth

BEIJING — China’s persistent consumption slowdown traces back to the country’s real estate slump, and its deep ties to local…

China’s retail sales and industrial data miss expectations in August

BEIJING — China’s retail sales, industrial production and urban investment in August all grew slower than expected, according to National Bureau of Statistics…

Stocks often drop in September — but many investors shouldn’t care

September historically hasn’t been kind to stock investors. Since 1926, U.S. large-cap stocks have lost an average 0.9% in September,…

Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans

Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial…

Harris’ rise in polls sparks wave of wealth transfers to kids

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…

Federal Reserve will opt for slow policy easing as there’s ‘still work to do’ on inflation, Fitch says

The U.S. Federal Reserve’s easing cycle will be “mild” by historical standards when it starts cutting rates at its September…

China’s plan to boost consumption by encouraging trade-ins has yet to show results

BEIJING — China’s plan to boost consumption by encouraging trade-ins has yet to show significant results, several businesses told CNBC.…