Economic events

Why it’s hard to find an inexpensive new car these days — just one model has an average price below $20,000

It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model…

European stocks close higher as investors look ahead to fresh economic data

European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…

August once again lives up to its dismal reputation for stocks

Wall Street is really suffering through the dog days of August. The S&P 500 is down more than 3% this…

After plunging into the political mainstream, Italy’s far-right leader Giorgia Meloni is now shocking markets and upsetting big business

After plunging into the political mainstream and winning over her more moderate counterparts in Brussels, hard-line Italian Prime Minister Giorgia Meloni…

China’s financial regulators urge support for resolving local debt risks

BEIJING — Chinese financial regulators at a central and regional government level held a video conference Friday to discuss the…

China’s property troubles aren’t getting better, intensifying calls for bolder policy help

China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that…

What China’s big earnings say about the consumer

BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market…

China’s downside risks are growing, and its economy is less likely to reach 5% this year

BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists…

China reports big data miss in July, stops releasing youth unemployment numbers

BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include…

China’s economic challenges gather steam as new loans plunge, property fears loom

BEIJING – China’s economy is running into more challenges. Credit data for July released Friday showed a slump in demand…