Warren Buffett says he’s not worried about Fitch’s U.S. downgrade
Warren Buffett shrugged off Fitch’s U.S. credit rating downgrade, noting it doesn’t change what his conglomerate, Berkshire Hathaway, is doing…
China turns to rural tourism and smart appliances to boost consumption
BEIJING — Instead of handing out cash, China is trying to make sure consumers and businesses spend where it matters…
The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…
European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…
The Dow just posted its best winning streak since the 1980s. Why it keeps going higher
The Dow Jones Industrial Average just won’t stop going higher it seems like. What is behind this historical momentum for…
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…
China signals more support for real estate with a ‘big change’ in tone
BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support. Beijing’s…
Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times
BEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan…
Morgan Stanley credits Bidenomics for ‘much stronger’ than expected GDP growth
WASHINGTON — Morgan Stanley is crediting President Joe Biden’s economic policies with driving an unexpected surge in the U.S. economy…
The White House plan to sell Bidenomics: Hit the road, ignore the polls
President Joe Biden on Thursday toured a revitalized shipyard in Philadelphia, where he made the argument that is increasingly dominating…
