markets

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…

China’s imports unexpectedly drop in June, but exports beat forecasts

BEIJING — China’s imports fell in June, missing expectations for slight growth, while exports rose more than expected, customs data…

China gears up for its Third Plenum meeting. Here’s why real estate isn’t likely the main focus

BEIJING — China’s real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas —…

Inflation falls 0.1% in June from prior month, helping case for lower rates

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…

China’s robotaxi push sparks concerns about job security for drivers

BEIJING — China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — but it’s also rattling…

Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’

Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum.  Spot ether ETFs could hit the…