Fed Now Facing Twin Inflation, Growth Risks As Virus Jumps And Supply Chains Falter
Economy
Japan Continues To Struggle To Build Its Way Form Under Pandemic
-
U.S. Retail Sales Unexpectedly Rebound In Boost To Economic Growth
"U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services. -
China's Economic Recovery Loses Some Steam, Investors Eye More Policy Easing
"China's economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery.
The Latest
-
South Korea To Combat Labor Shortage By Bringing In 110,000 Migrant Workers In 2023, But Businesses Say They Need More
South Korea's labor shortage is attributed to young adults shunning jobs deemed dangerous or dirty 
-
Oil Prices Rise On Hopes That China Demand Will Recover, Even As OPEC+ Policy Remains Unchanged
Over the next 18 months, the Chinese economy might release a significant wave of stalled demand 
-
WEF Davos: Policymakers Raise Concerns about What China's Reopening Might Mean For Inflation
“So China’s opening [is] good news overall, but potentially, the inflationary impact — there could be some," Raghuram Rajan, former central bank governor of the Reserve Bank of India, said 
-
What U.S. Treasury Secretary Janet Yellen And China's Vice Premier Liu He Discussed At Their First In-Person Meeting
Yellen and He met in person for the first in Zurich on Wednesday in a "candid" and "constructive" discussion of policies 
-
No Layoffs Needed: Workers Will Be More Confident In Their Abilities And Likely Quit This Year, LinkedIn Research Says
Even with recessionary fears, workers are also showing “more resilience” and are ready to tackle any upcoming economic downturn, LinkedIn says 
-
Oil Price Dips But China Reopening Will Fuel Demand
China's reopening from COVID restrictions will lift fuel demand near 2023 highs 
-
Consumer Prices Show Signs Of Slowing Down As Inflation Cools
The inflation rate had lately been steadily declining 
-
World Bank Slashes Economy Growth Outlook Amid Worsening Global Financial Crisis
“The United States, the euro area, and China are all undergoing a period of pronounced weakness," the World Bank said 
-
Asian Shares Reach Six-Month High As Dollar Steadies
Chinese markets started the day 0.1% higher while the Hang Seng index in Hong Kong increased by 0.6% 
-
Fed Chair Maintains Central Bank Will Not Get Involved In Climate Issues
Chief Jerome Powell’s statement follows calls from some Democrats for the Fed to play a more active role in addressing climate change 
