global economy

The biggest global election year in history will hit growth stocks and the world economy, JPMorgan says

Politics
Amanda Smith

Former President Donald TrumpJim Vondruska/Getty Images JPMorgan said 2024 is the biggest global election year in history with some of the most ...

US Jobs Numbers to Show Healthy Hiring, Easing Pay Growth

Business
Jessica Roberts

(Bloomberg) — The US labor market probably remained sturdy while wage gains continued to ease as 2023 drew to a close, setting ...

Janet Yellen says the Trump administration’s China policies left the US more vulnerable

Politics
Amanda Smith

WASHINGTON (AP) — Treasury Secretary Janet Yellen says former President Donald Trump ‘s policies toward China left America “more vulnerable and more ...

Exclusive-IMF chief says Biden-Xi engagement an important signal for world to cooperate

Politics
Amanda Smith

By David Lawder SAN FRANCISCO (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Friday this week’s meeting between U.S. President ...

In fight to curb climate change, a grim report shows world is struggling to get on track

Science
Dr. Sarah Adams

The world is off track in its efforts to curb global warming in 41 of 42 important measurements and is even heading ...

Stubborn Core Inflation Helps Explain Some Fed Restlessness

Business
Jessica Roberts

(Bloomberg) — Underlying US price pressures are seen advancing at a pace that backs apprehension among Federal Reserve officials to signal the ...

Here’s what Goldman Sachs sees in the year ahead as markets and the economy return to pre-2008 conditions

Business
Jessica Roberts

Goldman Sachs’ outlook for 2024 is fairly upbeat, with the bank eyeing just a 15% chance of a recession.Lucky-photographer/Shutterstock Goldman Sachs said ...

China’s Fight Against Deflation May Be Far From Over

Business
Jessica Roberts

(Bloomberg) — China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. ...

World at ‘tipping point’ following government debt binges, says HSBC boss

Business
Jessica Roberts

Mr Quinn said the current rate of global borrowing is unsustainable – Hollie Adams/Bloomberg The world is at a “tipping point” on ...

Founder of discount e-shopping firm PDD races up China’s rich list

Sports
Daniel Miller

By Casey Hall SHANGHAI (Reuters) – The founder of PDD Holdings saw his wealth swell by $13.8 billion in a year, as ...