Economy

China’s once free-spending consumers are holding back, hitting luxury brands particularly hard. But this doesn’t mean people in China don’t have money. They just now prefer saving it. According to...

Wall Street’s top indices fell as a rebound in tech shares tumbled, adding to losses triggered by fears of new trade tensions. After a mixed day on European equity markets,...

Western sanctions have shut Russia out of the dollar-dominant global financial order, but the country has managed to keep its wartime economy humming thanks to the Chinese yuan. But even...

Rescuers have saved nine crew members and retrieved the body of another after their oil tanker went down off the coast of Oman in the Arabian Sea. The search teams...

Many have interpreted Donald Trump’s selection of J.D. Vance as signaling a new age of Republican economic populism. In this view, until now, the precise ideological contours of Trumpism had...

The US has three “Big 3” mainline carriers: American Airlines, Delta Air Lines, and United Airlines. Frequent flyers commonly have a favorite, whether for the fares, on-time rate, route options,...

Wall Street’s semiconductor index lost over $480bn in stock market value on Wednesday and headed for its worst session since 2022 after a report said Washington was mulling tighter curbs...

Americans hate high prices — but there’s a reason people should hope the cost of goods and services don’t drop back to pre-pandemic levels, according to Nobel laureate Paul Krugman....

Several Chinese companies have been accused of introducing a controversial and illegal new step to their recruitment process: Pregnancy tests. Prosecutors in Nantong, a city in the province of Jiangsu,...

Taipei, Taiwan – As the United States was struggling to come to terms with the attempted assassination of former President Donald Trump on Saturday, factories halfway across the world in...