Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation…
China’s unfinished property projects are 20 times the size of Country Garden
BEIJING — The size of unfinished, pre-sold homes in China is about 20 times the size of property developer Country…
China retail sales, industrial data grow faster than expected in October
BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. …
Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…
