China’s exports plunge by 7.5% in May, far more than expected
BEIJING — China’s exports fell in May for the first time since February, adding to concerns that growth in the…
World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress
Higher rates and overhangs from this year’s banking crisis will drastically slow economic growth for the biggest global economies, the…
Is China heading for Japan-like stagnation? Economist says the worst is likely behind us
BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation…
IMF chief says there’s no significant slowdown in lending and the Fed may need to do more
The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…
German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’
German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…
Here’s the inflation breakdown for April 2023, in one chart
Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…
Confused about the debt ceiling? Here’s what you need to know
The White House and Republicans in Congress are mired in a standoff over the debt limit. Failure to raise or…
Debt ceiling deal appears no closer after high-stakes meeting, but leaders will huddle again Friday
WASHINGTON — Top congressional leaders left a high-stakes meeting with President Joe Biden on Tuesday showing few signs they had moved…
Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says
WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…
The most important thing Warren Buffett said Saturday, and it isn’t good news for the economy
OMAHA, Neb. — Warren Buffett, whose conglomerate is viewed as a barometer of U.S. economic health because of the range…
