U.S. wholesale chain Costco was forced to shut its first store in China early on its opening day on Tuesday, according to state media, after large crowds flocked through the door and caused traffic jams in the
China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country’s trade war with the U.S. took its toll.
J.P. Morgan raised its 12-month S&P 500 forecast on Monday, telling clients the market is set for even more gains in the second half of the year as the Federal Reserve pivots toward easier monetary
Attached article explains that US debt as a percent of GDP is 141%. This figure does not include entitlement spending which is not currently funded by the US government. If we add in entitlement spending
China’s threat to stop exporting rare earth minerals to the United States may not give Beijing much leverage in the ongoing trade war between the world’s two biggest economies.
National debt for the first time passed $22 trillion this week — a big, scary number that really doesn't pose much of a threat now but threatens to in the future.
China has pledged to purchase “a substantial amount” of agricultural, energy and manufactured goods and services from the United States, the U.S. Trade Representative’s office said on Wednesday after U.S.-China trade talks wrapped up in