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economic performance

Chinese Premier Makes Surprise Economic Growth Disclosure

Updated Jan. 16, 2024 4:07 pm ETChinese Premier Li Qiang gave global business elites a big hint on highly anticipated growth figures, as he sought to reassure them that investing in China is an opportunity—not a risk.Li delivered the message in an address at the World Economic Forum in Davos, Switzerland, as Chinese leaders seek to stem an exodus of foreign investment with growth slowing and relations deteriorating with the U.S.-led West.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

China Surges to the Top of Global Auto Exports

Updated Jan. 9, 2024 5:10 am ETHONG KONG—China’s overseas auto sales surged to a record last year, on track to surpass Japan as the world’s biggest exporter and marking a tectonic shift for the global auto industry.While China has become acknowledged as a world leader in electric vehicles, traditional gas-powered autos were the main driver of the increase, with demand surging especially in Russia.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 9, 2024

America’s Mortgage King Also Wants an NBA Crown—Right Now

Listen to article(1 minute)When the Phoenix Suns played the Detroit Pistons early this month, Mat Ishbia’s fingerprints were everywhere.He bought the Suns in February, tapping into the fortune he made in the mortgage business. And his lending company, UWM Holdings, sponsors the Pistons, with its logo appearing on their jerseys.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(1 minute)When the Phoenix Suns played the Detroit Pistons early this month,

Holiday Hiring Demand Drops Off, a Warning for the Job Market

Businesses need fewer extra workers for holiday jobs this fall after fighting in recent years to find enough staff to stock shelves, fill boxes and deliver packages during the year-end rush.That could be a warning of a weakening labor market, which is already showing signs of cooling.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Businesses need fewer extra workers for holiday jobs this fall after fighting in recent years to find enough staff to stock shelves, fill

Wages and Inflation Ease as Fed Considers Next Move

What to Read Next What to Read Next FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Bernanke Tapped to Find Out Why U.K. Central Bank Misjudged Inflation

The appointment of the former Fed chair is one of the first steps taken by a leading central bank to understand why they underestimated a surge in prices that has dented living standards.   The appointment of the former Fed chair is one of the first steps taken by a leading central bank to understand why they underestimated a surge in prices that has dented living standards.   FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all…

U.S. Economic Growth Accelerates

The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

The Economy Has Defied Expectations. Here’s What to Focus On in the GDP Data.

What to Read Next What to Read Next FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Federal Reserve Raises Interest Rates to 22-Year High

Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…

China's Soaring Youth Unemployment Threatens Xi's Economic Vision

The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…