Exports drive growth while race-to-the-bottom competition from overproduction hits prices, profits, wages and sales.
BEIJING -- When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and the ...
ARK Invest CEO Cathie Wood is calling for an economic “Goldilocks” scenario in 2026, forecasting real GDP growth surging toward 5%, accompanied by falling inflation—and potentially outright ...
Pressure on rampaging prices is inevitable during a high cost-of-living crisis. The no-brainer solution is to lower prices to bearable levels. It’s called deflation. That’s not happening, and ...
Inflation figures influence everything from tax decisions and welfare spending to interest rates and growth projections.
WASHINGTON (AP) - Federal Reserve Chairman Alan Greenspan told a congressional panel Wednesday that the Fed is ready and able to do whatever necessary to guard against the remote possibility that a ...
A growing fear of economic deflation helped take the air out of the stock market yesterday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their ...
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