Sterling hits record low against the dollar, as Asia-Pacific currencies also weaken
Loading chart… Critics say those economic measures will disproportionately benefit the wealthy and could see the U.K. take on high…
From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its…
Wall Street’s top analysts bet on these stocks as economic uncertainty increases
Apple CEO Tim Cook presents the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, U.S.…
No. China Is Not Going To Collapse… Yet
Keep exploring at https://brilliant.org/economicsexplained/. Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription.…
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global…
Tesla struggles with Elon Musk’s strict return-to-office policy
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song…
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points
21 Min Ago S&P 500 and Nasdaq put together first 4-day advance in 2+ months The S&P 500 rose Monday…
Apple Makes iPhone 14 in India Amid China Woes
Apple is ramping up its production of iPhones in India. But why? In this episode we find out. — About…
‘You’ve got to eat’: Energy bills are squeezing businesses and people as UK costs soar
A high street decorated with British Union Jack bunting in Penistone, UK. The End Fuel Poverty Coalition has warned “a…
Could China’s Currency Be The New World Reserve?
Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained Since the end of world war 2 the US dollar has…
China’s consumer and factory data miss expectations in July
Employees working on an air-conditioner production line at a Midea factory in Guangzhou, China. Jade Gao | AFP | Getty…
Here’s where China’s real estate troubles could spill over
China’s real estate industry accounts for more than a quarter of national GDP, according to Moody’s. Pictured here is a…
Stocks rally to reverse two-day slide, surging on rosy earnings results and economic data
2 Hours Ago All three major averages closed higher, snapping two days of losses All three major averages rallied Wednesday,…
China ratchets up military and economic pressure on Taiwan as Pelosi begins her visit
WASHINGTON — House Speaker Nancy Pelosi landed in Taiwan’s capital of Taipei on Tuesday night, kicking off a controversial visit…
China’s factory activity contracts unexpectedly in July as Covid flares up
An employee operates a spinning machine at a textile factory on May 26, 2022 in China. China’s factory activity contracted…
S&P 500 is flat to kick off a big week of earnings, Fed meeting ahead
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. equities wavered on Monday, coming off a…
Biden’s effort to tout progress in Saudi relationship overshadowed by Khashoggi killing
WASHINGTON — President Joe Biden aimed to tout policy progress Friday after several highly criticized meetings with Saudi Arabia’s royalty,…
Yellen says price cap on Russian oil is ‘one of our most powerful tools’ to address inflation
BALI, Indonesia — A cap on Russian oil prices will be crucial to help bring down inflation as U.S. consumer…