HSBC is ‘very positive’ about the future of China’s economy, CFO says
HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s…
Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…
European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June
The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…
Recession-hit Britain swings to economic growth in January, helped by construction bounce
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output…
Consumer prices rose 0.4% in February and 3.2% from a year ago
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…
Why Amtrak is attempting to revive the Texas Central bullet train
The U.S., despite decades of research and studies, remains without authentic high-speed rail options. Since 1987, investors have attempted to…
Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows
Consumers increasingly doubt the Federal Reserve can achieve its inflation goals anytime soon, according to a survey Monday from the…
