Economy

WASHINGTON — President ends his term with a gulf between his policy record and his public reputation. The Democrat spent so much of his time addressing long-term priorities that many...

TikTok has dismissed as “pure fiction” a report claiming that the Chinese government is considering the platform’s sale to Elon Musk to avoid a ban in the United States. Bloomberg...

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...