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Russia Launches Emergency Rate Rise to Stem Economic Turmoil
The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. Source link
U.S., Allies Could Counter China's Economic Coercion—If They Unite
New research suggests countries hold potential sway with their collective exports to China on hundreds of key items. Source link
‘I Don’t Want to Be Here Anymore.’ The Economic Cost of Houston’s Heat.
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U.S. Economic Growth Accelerates
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link
Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle
Recent expansions have lasted 6 to 10 years. Here’s how this one could last that long. Source link
China's Soaring Youth Unemployment Threatens Xi's Economic Vision
The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ Source link
China keeps lending benchmarks unchanged; economic weakness tests policymakers By Reuters
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in
China keeps loan prime rate steady amid slowing economic growth By Investing.com
© Reuters. Investing.com– The People’s Bank of China held its benchmark lending rate steady on Thursday as expected, although focus remained on any future cuts
The Man Charged With Steering the Yuan Through China's Economic Turmoil
Pan Gongsheng has experience in high-stakes tasks, but China’s fragile economy raises new risks. Source link