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Economic news and job reports

Goldman Sachs slants research to help Democrats, top White House adviser says China says it will never use its currency as a weapon in the trade war The next big test for Elon Musk arrives this week The next big test for Elon Musk arrives this week CEOs are cashing in on the market boom […]

Blog Economy

Economy

The Economy: U.S and World Economic News NPR news on the U.S. and world economy, the World Bank, and Federal Reserve. Commentary on economic trends. Subscribe to NPR Economy podcasts and RSS feeds. APU GOMES/AFP via Getty Images A patient with suspected COVID-19 arrives at Maimonides Medical Center in Brooklyn on Thursday. Even as the […]

Business Economy

Comic-Con Unveils New Teaser For ‘The Walking Dead’

A new teaser for the new season of The Walking Dead has been unveiled at the 2018 San Diego Comic-Con. We’re expecting a longer trailer later today, but this was unveiled in Southern California yesterday at the world’s biggest comic convention. The Walking Dead stars Andrew Lincoln, Norman Reedus, Lauren Cohan, Chandler Riggs, Danai Gurira, Melissa McBride, […]

Business Economy International

Market wants ‘decisive action’ so Turkey needs to raise rates

Speaking at an event marking his country’s independence from Japanese rule, Moon said such a “community” could eventually herald the launch of a “multilateral security system” in the region, according to the report. “This community will lead to an energy bloc and economic bloc in Northeast Asia by expanding our economic area to the northern […]

Business Economy Technology

China could reportedly use its ‘unwritten’ tech rules as an ‘invisible tool’ against US firms

With Sino-American trade tensions escalating, China’s cybersecurity standards could be used as an “invisible tool” for retaliating against Washington’s tariffs, according to one expert. Such standards are government-issued operational guidelines that are technically voluntary, but are oftentimes treated as mandatory by foreign firms’ Chinese business partners. If Asia’s largest economy were to weaponize the listing […]

Business Economy

European stocks open slightly higher as Turkey crisis weighs on sentiment

Shares in Europe open slightly higher Wednesday as concerns over the Turkish currency crisis continue to affect investors’ appetite. However, trading flows were also sluggish as a number of European bourses are closed due to a public holiday, including Italy, Greece and Austria. The pan-European Stoxx 600 was up by 0.18 percent with most sectors […]

Business Economy

Market wants ‘decisive action’ so Turkey needs to raise rates: Yale economist Stephen Roach

Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. “The markets clearly want much more decisive action,” […]