Latest in China’s Economy Hits
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U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
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Firefighting aircraft hit by drone
A Canadian Super Scooper plane was hit by a drone while flying over the Palisades Fire. The plane is expected to fly again, but as KNBC's David Biggar reports, the FAA is investigating as flying ...NBC News - Jan. 10 -
Oilers Don't Need Hits To Be Winners
The Edmonton Oilers aren't the only team that is bucking the trend.Yahoo Sports - Jan. 9 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Truss issues legal threat to PM over claim she crashed economy
No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.BBC News - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Altium in Economy 4.0: Connecting Electronics Production for Accelerated Innovation
Altium and Renesas are enabling the drive toward Economy 4.0 ─ the digitized, interconnected, and automated economy that integrates data, AI, and the Internet of Things ─ by connecting and ...CBS News - Jan. 9 -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - Jan. 9 -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
A look at recent deadly earthquakes in China
A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decadeABC News - Jan. 8 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
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China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1
