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A campaign to curb overcapacity at home is adding to the sting of higher tariffs. Fixed-asset investment fell the most since Covid erupted in early 2020, with industrial activity growth the weakest in eight months — a sign that a front-loading factory bo
China’s economy suffered a sharp slowdown last month as Donald Trump’s tariff blitz fuelled uncertainty among households and businesses.
BENGALURU (Reuters) -A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains the base forecast for most economists polled by Reuters amid rising concerns about the health of the world's bi
Here are popular Apple products that may become more expensive for U.S. buyers if tariffs on China return in full force.
“Don’t fix what is not broken,” Libby Cantrill, Pimco’s head of public policy, wrote in a note to clients earlier this week. At the upper end, that would equate to roughly $600 a year in extra interest payments for the average borrower, yet another burde
Two job sectors are showing some promise amid a nationwide hiring cooldown.
The Trump administration is in talks with Intel Corp. to have the US government take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House's willingness to blur the lines between state and
Revenue will be approximately $6.7 billion in the fiscal fourth quarter, the company said in a statement Thursday. The company is seeing less demand from customers in China, Chief Executive Officer Gary Dickerson said in an interview. The outlook sent s
It’s been a little over six months since President Donald Trump assumed office for his second term. In that time, the economic landscape has shifted quite drastically: The new administration has implemented broad tariffs on U.S. trade partners, the stock
CEO Tim Cook took part in a White House press event to tout Apple's investments in its domestic manufacturing footprint.
The country's GDP grew in the second quarter thanks to a rush of pre-tariff exports and a glut of international tourists.View on euronews
Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the likelihood of an interest-rate cut by the Federal Reserve in September. \\
Recent industry data reveals that around 48% of UK independent retailers have experienced a decline in turnover compared with the same period last year.