Weak Domestic Demand Continues to Weigh on Chinese Economic Activity
A mixed set of data suggests that a K-shaped growth path is becoming further entrenched in the Chinese economy. Source […]
Finance
Fed leader Kevin Warsh is facing the fight President Trump hoped he would avoid when he selected Warsh as the new central-bank chairman
The current Fed chairman criticized the central bank last year for moving too slowly to cut rates. Investors now expect
Canada Inflation Steady at 3% in August
Canada’s consumer-price index slipped 0.1% in August, holding the annual rate of inflation at 3%, Statistics Canada said. Source link
U.S. Treasury Yields Edge Lower, German 10-Year Bund Yield Hits New 15-Year High
Treasury yields fell slightly but remained close to recent multiyear highs as a Fed interest-rate hike this week looked increasingly
President Trump made a surprise trade announcement at the Irish Open golf tournament, saying he plans to rescind the U.S.’s 10% tariff on Irish whiskey
The president closed out his weekend visit to Ireland by making the announcement at the Irish Open golf tournament. Source
The latest spot for a Trump Tower is an ex-Soviet republic, and what seven retirees learned after moving to low-tax states. Read more in today’s 10-Point newsletter.
Plus, the latest spot for a Trump Tower is an ex-Soviet republic, and what seven retirees learned after moving to
Treasury Secretary Bessent says the U.S. can grow its way out of the debt crunch. What would it take?
The Treasury secretary makes the argument that strong economic expansion is the antidote to climbing out of the deep debt
Here’s What It’s Like to Retire to a Low-Tax State
Seven retirees open up about their finances and how they spend their time. Source link
For most Americans, oil-fueled inflation shows up most quickly in their gas tanks. The big question is whether fuel prices will eventually start increasing prices for other goods and services.
As diesel crosses $6, so does the risk that soaring energy costs will start hurting far beyond gas pumps. Source
The Fed is poised to raise rates, a vital oil pipeline shuts down and Sen. Susan Collins has some strong words for Trump. Read more in today’s What’s News newsletter:
Plus, a vital oil pipeline shuts down and Sen. Susan Collins has some strong words for Trump. Source link