markets

China’s truck industry is buying more driver-assist technology

BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. It’s a critical step toward…

Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks…

Central banks look to have hit peak rates. Here’s how markets think they’ll come down

The world’s major central banks paused their interest rate hiking cycles in recent weeks and with data suggesting economies are…

China’s biggest shopping festival is set for a tepid 2023, survey finds

BEIJING — Most consumers in China are planning to keep a lid on spending during this year’s Singles Day shopping…