Economy

bg
'Nobody’s going to believe him': Trump’s Greenland 'deal' sparks relief — and confusion

'Nobody’s going to believe him': Trump’s Greenland 'deal'...

Trump said he had the "concept of a deal" on Greenland, but didn't share details...

bg
Fed's main gauge shows inflation at 2.8% in November, edging further away from target

Fed's main gauge shows inflation at 2.8% in November, edging...

Inflation drifted slightly further from the Federal Reserve's target in November...

bg
Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal

Trump refuses to be outdone by Europe, signing his own...

The U.S. deal comes after global trading partners have been signing trade pacts,...

bg
UK inflation rises to 3.4% in December, above forecasts

UK inflation rises to 3.4% in December, above forecasts

The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists...

bg
China says trade deal with U.S. will 'drain Taiwan’s economy' for American benefits

China says trade deal with U.S. will 'drain Taiwan’s economy'...

China doubled down its rhetorics on the trade agreement between Taiwan and the U.S.,...

bg
China's investment crash raises credit risks for homebuilders, banks, government: Fitch

China's investment crash raises credit risks for homebuilders,...

China’s sharp investment downturn is amplifying credit risks across the economy,...

bg
China's industrial profits edge up in 2025, reversing three years of declines as Beijing curbs price wars

China's industrial profits edge up in 2025, reversing three...

China's industrial profits rose 0.6% in 2025 from a year earlier, snapping three...

bg
U.S.-India trade deal at 'very advanced stage,' Indian petroleum minister tells CNBC

U.S.-India trade deal at 'very advanced stage,' Indian...

A much-anticipated trade deal between India and the U.S. is at "a very advanced...

bg
The market thinks BlackRock's Rick Rieder will be the next Fed chair. Here's what's at stake

The market thinks BlackRock's Rick Rieder will be the next...

A five-month process of finding the next Fed chair appears to be down to its final...

bg
China's factory activity grows at fastest pace since October, private survey shows, beating official reading

China's factory activity grows at fastest pace since October,...

The RatingDog China General Manufacturing PMI, rose to 50.3 in January from 50.1...

bg
From PopMart to JD.com: Britain and China rush to forge business deals as diplomatic thaw takes hold  

From PopMart to JD.com: Britain and China rush to forge...

Chinese firms moved to pledge hundreds of millions of investment in the U.K. as...

bg
Friday's jobs report will be delayed because of the partial government shutdown

Friday's jobs report will be delayed because of the partial...

Following last year's record shutdown, the BLS also was forced to delay a number...

bg
China keeps benchmark lending rates unchanged despite slowing economic growth

China keeps benchmark lending rates unchanged despite slowing...

The People's Bank of China held its 1-year and 5-year loan prime rates at 3% and...

bg
AI spending wasn't the biggest engine of U.S. economic growth in 2025, despite popular assumptions

AI spending wasn't the biggest engine of U.S. economic...

The GDP value of AI is smaller than it might appear given that a lot of high-tech...

bg
Layoffs in January were the highest to start a year since 2009, Challenger says

Layoffs in January were the highest to start a year since...

With the recent narrative centering on a no-hire no-fire labor market, the data...

bg
China's Xi reasserts Taiwan stance in call with Trump, while U.S. president pushes trade

China's Xi reasserts Taiwan stance in call with Trump,...

Beijing stressed Taiwan is the most important issue while Trump highlights the trade...