Disappointing holiday season: December retail sales were flat, falling well short of estimate
Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently…
Global Economy News, Financial Trends & Market Analysis
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Layoffs in January were the highest to start a year since 2009, Challenger says
An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty ImagesLayoff…
China’s Xi reasserts Taiwan stance in call with Trump, while U.S. president pushes trade
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base,…
January jobs report will be released on Feb. 11 after shutdown delay
A ‘help wanted’ advertisement is displayed in Manhattan on Jan. 9, 2026, in New York City.Spencer Platt | Getty ImagesThe…
Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
A ‘help wanted’ sign is displayed in a business’s window in Manhattan on January 09, 2026, in New York City.…
Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017.Alex Brandon…
From PopMart to JD.com: Britain and China rush to forge business deals as diplomatic thaw takes hold
China’s President Xi Jinping (R) and Britain’s Prime Minister Keir Starmer shake hands before their meeting at the Great Hall…
Friday’s jobs report will be delayed because of the partial government shutdown
The US Department of Labor headquarters building is seen at dusk on June 21, 2024 in Washington, DC. J. David…
Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight.The…
Hassett praises Trump’s pick of Warsh to lead Fed, says he has his ‘dream job’ already
Kevin Hassett, the National Economic Council director once considered a clear front-runner to be named the next Federal Reserve chair,…
Trump to announce Fed chair nominee Friday; Kevin Warsh may be his pick, according to reports
U.S. President Donald Trump speaks in the Oval Office at the White House on Jan. 29, 2026 in Washington, DC.…
Scenic trains, cruises and concerts: China’s new plan to get consumers spending again
BEIJING, CHINA – NOVEMBER 6: Women wearing Qing Dynasty-style costumes take photos inside the Forbidden City on November 6, 2025,…
Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province,…
Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province,…
China and the UK are attempting to reset their relationship — here’s how
Britain’s Prime Minister Keir Starmer addresses a business delegation following his arrival to China, at a hotel in Beijing on…
The market thinks BlackRock’s Rick Rieder will be the next Fed chair. Here’s what’s at stake
A five-month process of finding the next Federal Reserve chair appears to be down to its final days, with one…
U.S.-India trade deal at ‘very advanced stage,’ Indian petroleum minister tells CNBC
A much-anticipated trade deal between India and the U.S. is at “a very advanced stage,” India’s Minister of Petroleum and…
China’s industrial profits edge up in 2025, reversing three years of declines as Beijing curbs price wars
NINGBO, CHINA – JANUARY 22: Employees work on the production line of snowboards at a workshop to meet the orders…
AI spending wasn’t the biggest engine of U.S. economic growth in 2025, despite popular assumptions
Meta’s 5-gigawatt “Hyperion” data center under construction in Richland Parish, Louisiana, on January 9, 2026.MetaThe popular narrative that artificial intelligence…
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