China plans to ease one of the biggest hurdles for foreign business
BEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for…
U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say
“Financial inclusion,” defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S.,…
Bill Ackman says the economy is starting to slow and the Fed is likely done hiking
Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the…
Can China’s economy reverse a sluggish 2023 in the last quarter? Here’s what to watch
BEIJING — The last three months of the year are set to bring more clarity on China’s economic outlook and…
Ray Dalio says the U.S. is going to have a debt crisis
Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal situation. “We’re going to have a debt crisis in…
Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation
Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…
U.S. Latino economic output grows to $3.2 trillion, according to new study
The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according…
Biden calls on Congress to fund government as Moody’s and Wells Fargo warn of shutdown effects
WASHINGTON — President Joe Biden on Tuesday asked Congress in a social media post to fund the government as warnings…
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,…
