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U.S. and China Poised to Drift Further Apart After Investment Ban
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What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
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Sputtering Trade Fuels Fears for a Connected World
Cyclical factors are weighing on commerce, but the specter of global economic divisions lurks in the background. Source link
China Slips Into Deflation in Warning Sign for Global Economy
China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link
Chinese Exports Fall at Steepest Pace Since February 2020
Slide in outbound shipments reflects China’s fraying trade ties with the Western world, even as exports to Russia boom. Source link
Rising Oil Prices Are Bad News for Drivers—and the Fed
America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month. Source link
The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made in the region. Source link
Rising Money Flows, Fueled by Record Migration, Prop Up Autocrats
Remittances to the developing world hit record $647 billion, aiding the poor but helping keep strongmen from Nicaragua to Tajikistan in power African migrants recently sailed
Bank of England Raises Key Interest Rate by Quarter Point
The central bank increased its key rate for the 14th time in a row and said it may do so again as it tries to