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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
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after
Japan's Economy Grows at 6% Pace in Second Quarter
Exports rise and surge in foreign visitors helps lift spending. Source link
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link
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
After Pulling Inflation Down, Gasoline and Food Threaten to Nudge It Up
What to Read Next Source link
What Wall Street’s Top Recession Gauge Is Saying Now
Listen to article (1 minute) Wall Street is growing confident the U.S. can avoid a recession. But one key market indicator is still sending seemingly
How U.S. and China Are Breaking Up, in Charts
Listen to article (2 minutes) A deepening confrontation between the U.S. and China is eroding trade ties between the world’s two largest economies, with goods
CFOs Are More Optimistic on Side-Stepping a Recession
Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs’ worst economic fears. Source link