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Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut
A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week. Read More
How China Is Weathering the Trade War With Trump
Tariffs triggered a plunge in China’s exports to the United States, but its global trade surplus is larger because sales to other regions are surging. Read More
Europe promised an innovation comeback against the US and China. One year on, it's barely scratched the surface.
One year after Europe vowed to catch up with the US and China on innovation, a Deutsche Bank report finds limited progress, with AI still lagging. Read More
US and China extend trade truce another 90 days, easing tension between world’s largest economies
WASHINGTON (AP) — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. Read More
China bumps Germany off the top 10 list of most innovative nations
China moved into the top 10 of the United Nations’ annual ranking of most innovative countries for the first time Tuesday, replacing Europe’s largest economy, Germany, as firms in Beijing invest ... Read More
Trump Tariffs Seen Fostering New China-Global South Trade Order
President Donald Trump’s tariff war is accelerating Beijing’s trade and investment push into developing nations known as the Global South, according to research by S&P Global, potentially creating a ... Read More
Global personal wealth: Which countries have the highest shares in Europe?
Did you know EU countries hold only 16.6% of the world’s personal wealth? In Europe, this rises to 22.3% when four more countries are included. The US holds more than a third, and China about a fifth. Read More
US, China extend trade truce another 90 days, easing tension between world's largest economies
WASHINGTON -- President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world's two biggest economies. Trump ... Read More
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