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3 mins read

Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says

Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…

Jennifer Sor   


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2 mins read

China just announced an $1.4 trillion plan to rescue its local governments

Friday's announcement is the latest in a string of stimulus measures China has taken to turn around…

Huileng Tan   


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2 mins read

Americans want prices to go down, but deflation could spark a wave of unemployment, top economist Paul Krugman says

"So can we make America affordable again, in the sense of getting prices back to what they were bef…

Jennifer Sor   


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4 mins read

China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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2 mins read

Justin Trudeau, a champion of immigration, says he overdid it and strained Canada's economy

Under a new plan, the number of permanent residents arriving in Canada in 2025 will be reduced by 2…

Hannah Abraham   


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7 mins read

Millennials are hoarding cash. That could hurt them in the long run.

Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…

Callie Cox   


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8 mins read

America is entering a new 'economic supercycle'

The US economy is entering a bold new era that economists say will feature more inflation, more gro…

Linette Lopez   


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3 mins read

China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'

China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.

Huileng Tan   


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3 mins read

Even the strongest pillar of the Chinese economy is showing signs of weakness

China's exports grew 2.4% on-year in September, posting its lowest growth in five months as global …

Huileng Tan   


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1 min read

Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy

Consumer prices rose marginally in September and producer prices fell sharply, stoking demand for g…

Theron Mohamed   


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1 min read

China markets surge on reopening as pent-up investors return from vacation

Sentiment in China's stock markets have been massively bolstered by Beijing's late-September 24 ann…

Huileng Tan   


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2 mins read

The job market is in the 'Twilight Zone,' top economist Claudia Sahm says

"One month does not make a trend, and even with the Federal Reserve cutting interest rates, a susta…

Jennifer Sor   


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2 mins read

China's retail investors are eyeing the stock market reopening after a weeklong break

China's Weibo microblog was abuzz with discussions about the stock market rally a day before they r…

Huileng Tan   


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4 mins read

Juliana Kaplan,Ayelet Sheffey…   


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5 mins read

Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'

Small breweries damaged by the hurricane are scrambling to help workers and figure out how to rebui…

Allie Kelly,Noah Sheidlower   


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2 mins read

China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…

Huileng Tan   


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2 mins read

China's stimulus isn't enough for its economic woes. But its stock rally could help.

Thanks to last week's stimulus, China's stock market saw its best month in nearly a decade.

Huileng Tan   


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5 mins read

Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel

The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…

Huileng Tan,Matthew Loh   


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3 mins read

Beijing is no longer hiding its panic about the state of its economy

The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking ov…

Huileng Tan   


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2 mins read

China just released aggressive measures to boost its economy — but some analysts say it's still not enough

"Today's policy measures are bold by historical standards," Betty Wang, the lead economist at Oxfor…

Huileng Tan