economy

The former premier oversaw sweeping reforms that integrated China into the global economy, but his policies also created lasting challenges.

Inbound shipments climbed $5.38 billion from June, outpacing export growth and pushing the goods trade gap past the $30.20 billion economist consensus.

Regulations add nearly $94,000 to the cost of a new home, squeezing families on housing, energy, childcare and healthcare.

Two consecutive monthly declines in auto insurance costs provided a rare deflationary impulse in services, even as annual CPI held at 3.4 percent.

Chinese labs release models approaching American AI performance while Beijing prepares for economic and social shifts from the technology.

The acceleration, driven by rent and fuel price hikes, raises the likelihood that authorities will hold interest rates steady at their next meeting.

Record profits at Samsung and SK Hynix are lifting a new tier of highly paid workers and forcing the government to weigh how to distribute a windfall tax surplus.

The Dow fell 0.8 percent and the S&P 500 slipped 0.1 percent as rising crude prices stoked inflation concerns ahead of Friday's jobs report.

Critics say indirect charges embedded in federal infrastructure spending are raising prices on goods, energy and shipped goods without appearing as direct taxes.

American workers received 54.1 percent of national income in early 2026, the lowest share recorded since 1947, as corporations and capital owners captured more of the nation's output

President Trump, speaking in Las Vegas, said U.S. factory growth is surging — but economists say automation deserves credit alongside policy.

U.S. businesses added just 44,000 private-sector jobs in July, the smallest monthly gain in six months, as hiring underperforms forecasts across firm sizes and sectors.

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.

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.

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.

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.

European and Canadian officials called new U.S. import duties unjustified and pledged counter-measures targeting American agricultural and manufacturing exports.

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.

Major corporate PACs and industry groups, typically staunch allies, voice private concerns over inflation and spending, threatening future legislative support

President Trump delivered a focused message on lowering costs in a critical New York district, targeting voters hit by inflation and high housing expenses

President's campaign against disloyal Republicans fractures party, halting progress on tax reform and $500 billion infrastructure package

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

President Trump announced China committed to large purchases of U.S. soybeans, energy products and aircraft, aiming to ease trade tensions

President's dismissive comment highlights White House tightrope walk: pressure Tehran without sending crude markets soaring

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

White House pushes sweeping deregulation and tax cuts as critics warn strategy risks worsening national debt and inflation

President used strong employment data to criticize Democratic economic policies while strengthening appeal to key industry donors

Labour's expected win will bring tighter regulation and potential tax hikes, impacting banks and private equity