The UK Labour Party has a Biden-esque economic plan — but it’s very different to Bidenomics
LONDON — The U.K.’s main opposition Labour Party last week set out the economic platform it hopes will propel it…
African ambassador criticizes IMF, World Bank for not giving enough loans
BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank…
China’s exports and imports drop again in September
BEIJING — China reported a smaller-than-expected decline in exports in September from a year ago, while imports missed, according to…
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan…
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Federal Reserve’s 2% target doesn’t sound terribly difficult. The main culprits are related…
Biden takes credit for easing inflation, strong job market as GOP polls better on economy
WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…
China’s consumer spending isn’t roaring back to pre-pandemic levels yet
BEIJING — China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said. Retail sales…
China’s domestic tourism is finally back to pre-pandemic levels
BEIJING — China’s big “Golden Week” holiday saw domestic tourism rebound to around pre-pandemic levels, while overseas travel had yet…
