Government

China's Economic Outlook Is a 'Flashing Red' With Weak Recovery, Analysts Warn

China’s economic outlook is deteriorating, with lowered GDP growth expectations and housing, consumer spending, and industrial production issues.


US Plans to Shut Down Hong Kong Trade Offices, Prompting a Possible China Retaliation

A proposed U.S. bill, HKETO, could lead to the shutdown of Hong Kong's trade offices if they are deemed too influenced by China, drawing strong objections from Beijing...

US Inflation Falls to Lowest Since Early 2021, but Consumer Prices Remain High

In August, the CPI rose 0.2%, keeping inflation at 2.5%, its lowest since 2021, while traders anticipate an interest rate cut from the Federal Reserve...

Trump Media Shares Down 15% as Harris Gains Momentum After Debate

Donald Trump's company suffered a 15% share decline following last night's presidential debate, just after betting odds for Kamala Harris increased...


Latest News

If Donald Trump Tax Cuts Extended, Top 5% of Taxpayers Would Get Almost Half of the Benefit
The extension of the 2017 Tax Cuts and Jobs Act would predominantly benefit higher-income households, according to an analysis by the Urban-Brookings Tax Policy Center.
Los Angeles Man Sentenced to 4 Years in Prison for Laundering Over $15 Million for Drug Traffickers
A Los Angeles man was sentenced to four years in prison for his role in laundering over $15.5 million for international drug traffickers.
Wall Street Sees Election as Threat to Now-Normal US Economy
Analysts believe the US economy is returning to pre-pandemic norms, but election uncertainties may bring volatility due to potential shifts in economic policies based on electoral results.
Donald Trump's Son Eric Trump to Pursue More Gulf Deals Amid His Father’s Re-Election Bid
Eric Trump has reportedly revealed the Trump Organization's intentions to expand its real estate and hospitality ventures in the Middle East, even as his father, former President Donald Trump, seeks r
US National Debt on Pace to Reach Record-Setting Level in the Next 4 Years
The United States (US) is reportedly on the path to encountering an unprecedented level of national debt in the next four years.
Spain, France Arrest 5 Members of Chinese Money Laundering Gang That Smuggle Over 1 Million Euros a Day
French and Spanish authorities have arrested five members of a suspected Chinese money laundering network in Spain this week.
US Miners Are Calling for the Revival of the Bureau of Mines
Mining trade groups are urging the US government to revive and expand the Bureau of Mines.
Ohio Chamber of Commerce Rejects $15 Minimum Wage Proposal, Citing Increased Labor Costs
Proposals to raise Ohio’s minimum wage to $15 per hour have failed this year due to insufficient signatures, delaying the initiative to potentially appearing on the ballot in 2025, following oppositio
US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
UK Stocks on the Rise as Keir Starmer's Labour Party Wins General Election
The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.
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