Economy

China’s General Administration of Customs announced on Monday that exports for 2024 totaled $3.58 trillion, while imports were $2.59 trillion, creating a $990 billion trade surplus that easily surpassed the...

Sydney, Australia – When Racheal Clayton was attending primary school in Sydney, Australia at the height of the 2007-2009 Global Financial Crisis, the Australian economy was the envy of governments...

The Fed’s Been Wrong About the Economy for Years The Federal Reserve’s rate-cutting cycle has very likely come to an end—although it may take Fed officials several months to figure...

Southern California Edison, a unit of utility Edison International, has been hit with multiple lawsuits claiming its electrical equipment started one of the major wildfires raging in the Los Angeles area,...

The outgoing administration of United States President Joe Biden is proposing a new framework for the export of advanced computer chips used to develop artificial intelligence, an attempt to balance...

China’s exports reached record levels in 2024 as it braces for new tariffs President-elect Donald Trump said he’ll impose after he takes office next week. According to Chinese government figures...

If you are betting on the California wildfires, I don’t know what to tell you. Go outside (if it’s safe). Do some reflecting. Call a gambling-addiction hotline, probably. Though I...

The US’ latest move to hit Russia’s energy revenues is changing up the industry’s global trade flows. On Friday, the US Treasury Department— together with the UK — slapped new...

China’s exports hit a record high in 2024, state media has reported, a welcome boost for the world’s second-largest economy as United States President-elect Donald Trump’s promised tariffs threaten to...

LONDON — Elon Musk may be chucking near-daily hand grenades in the direction of the British government. But it’s a different kind of explosion that is keeping Keir Starmer up...