EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the…
U.S. national debt hits $33 trillion for the first time
WASHINGTON — The national debt of the U.S. reached a historic milestone by passing $33 trillion for the first time,…
Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy
WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…
Yellen’s UN week agenda: Food prices, climate change and global aid
WASHINGTON — Treasury Secretary Janet Yellen outlined an ambitious agenda on Monday to address key factors of the global economic…
China VC deals plunge, on track for worst pace in more than seven years
BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance…
China’s retail sales surprise with faster growth in August, but real estate drag worsens
BEIJING — China’s retail sales and industrial production picked up pace in August with better-than-expected growth, according to National Bureau…
What is shadow banking? Unpacking the risks for China
BEIJING — China’s real estate problems have again drawn attention to the world of shadow banking and the risks it…
In ‘shift,’ some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new vehicle
During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers…
Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says
LONDON — The Bank of England’s rapid pace of bond sales is creating a “selling gold at the bottom” moment…
