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Economy

16 articles

China Industrial Profits Rise 6.8 Percent as Export Strength Masks Weak Domestic Demand
Macro & Rates7d ago
China Industrial Profits Rise 6.8 Percent as Export Strength Masks Weak Domestic Demand
Year-to-date profit growth slowed from 8.5 percent in May as property sector stress and soft consumer spending compressed margins despite a 7.5 percent surge in June exports.
Jeffries Bets Democratic Midterm Hopes on Affordability Push
Politics & Policy7d ago
Jeffries Bets Democratic Midterm Hopes on Affordability Push
House Democratic Leader Hakeem Jeffries launched a 100-day campaign, arguing his party can lower grocery, gas and housing costs if it wins control of Congress.
Republicans Head Home to Face Voters Angry About Gas Prices and the War
Politics & Policy8d ago
Republicans Head Home to Face Voters Angry About Gas Prices and the War
House Republicans begin a five-week recess confronting constituents demanding answers on high gas prices and the cost of an ongoing war ahead of the November 2026 midterms.
Trump Touts Economic Wins as Dow Rises, Nasdaq Falls
Politics & Policy9d ago
Trump Touts Economic Wins as Dow Rises, Nasdaq Falls
President Trump claimed credit for a strengthening economy as the Dow gained 0.5 percent Wednesday, while the Nasdaq dropped 0.6 percent, reflecting caution in tech and growth stocks.
Trump Tariffs Draw Allied Rebuke as EU, Canada Threaten Retaliation
Politics & Policy10d ago
Trump Tariffs Draw Allied Rebuke as EU, Canada Threaten Retaliation
European and Canadian officials called new U.S. import duties unjustified and pledged counter-measures targeting American agricultural and manufacturing exports.
Republicans Bet Midterms on Anti-China Push — and Corporate America Is Caught in the Middle
Politics & Policy11d ago
Republicans Bet Midterms on Anti-China Push — and Corporate America Is Caught in the Middle
GOP lawmakers are pressing legislation to cut U.S. economic ties to China, forcing multinationals from Apple to Tesla to weigh political risk against established supply chains.
Trump's Economic Plan Stirs Unease Among Top GOP Donors
Politics & Policy72d ago
Trump's Economic Plan Stirs Unease Among Top GOP Donors
Major corporate PACs and industry groups, typically staunch allies, voice private concerns over inflation and spending, threatening future legislative support
Trump Targets New York District with Affordability Pitch—Economic Stakes High
Politics & Policy73d ago
Trump Targets New York District with Affordability Pitch—Economic Stakes High
President Trump delivered a focused message on lowering costs in a critical New York district, targeting voters hit by inflation and high housing expenses
Trump's Primary War Stalls Tax Cuts, Infrastructure Bills
Politics & Policy75d ago
Trump's Primary War Stalls Tax Cuts, Infrastructure Bills
President's campaign against disloyal Republicans fractures party, halting progress on tax reform and $500 billion infrastructure package
LIRR Strike Threatens Billions as NYC Transit Talks Collapse
Politics & Policy79d ago
LIRR Strike Threatens Billions as NYC Transit Talks Collapse
Long Island Rail Road unions rejected the MTA's contract offer, pushing 250,000 daily commuters toward a system shutdown that could cost $50 million per day
Trump Claims China Deal: Soybeans, Energy, Boeing Jets on the Table
Politics & Policy80d ago
Trump Claims China Deal: Soybeans, Energy, Boeing Jets on the Table
President Trump announced China committed to large purchases of U.S. soybeans, energy products and aircraft, aiming to ease trade tensions
Trump's Iran Remark Reveals Oil Price Bind
Politics & Policy81d ago
Trump's Iran Remark Reveals Oil Price Bind
President's dismissive comment highlights White House tightrope walk: pressure Tehran without sending crude markets soaring
Trump Invites Xi to White House—Big Tech, Wall Street See Opportunity
Politics & Policy81d ago
Trump Invites Xi to White House—Big Tech, Wall Street See Opportunity
President Trump extended a formal invitation to Chinese President Xi Jinping for a Sept. 24 visit, a move that could ease trade tensions and open new markets for U.S. corporations
Trump Bets Deregulation Drive Can Fuel Growth as Debt Tops $36 Trillion
Politics & Policy81d ago
Trump Bets Deregulation Drive Can Fuel Growth as Debt Tops $36 Trillion
White House pushes sweeping deregulation and tax cuts as critics warn strategy risks worsening national debt and inflation
Trump Uses April Job Gains to Attack Democrats, Rally Business Donors
Politics & Policy86d ago
Trump Uses April Job Gains to Attack Democrats, Rally Business Donors
President used strong employment data to criticize Democratic economic policies while strengthening appeal to key industry donors
UK Election Puts Billions at Stake for London Finance
Politics & Policy87d ago
UK Election Puts Billions at Stake for London Finance
Labour's expected win will bring tighter regulation and potential tax hikes, impacting banks and private equity