After European Union leaders said they would keep negotiating instead of immediately retaliating against President Trump’s latest threat, businesses remain unable to develop long-term plans.
Category: Economic Conditions and Trends
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China Is Buying Appliances and iPhones. What Happens When the Subsidies Stop?
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
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How Trump’s Latest Tariff Threat Risks Deeper Damage to Europe’s Economy
Economists had already downgraded growth for the European Union, and the new duties would hit industries there especially hard. Companies are looking for ways to blunt the impact.
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Britain’s Economic Bind: Face Public Disapproval or Investor Wrath
The Labour Party is starting its second year in control of the government with difficult choices over whether to curb spending or raise taxes.
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Can Taiwan Really Disconnect Its Economy From China?
Momentum is building in Taiwan to lessen its business dependency on China, its biggest trading partner. Doing so will not be easy.
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Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
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Del Monte Foods, the Canned Goods Giant, Files for Bankruptcy
The company behind brands like College Inn and Kitchen Basics faces issues including rising debt, changing consumer habits and pandemic missteps.
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As Heat Grips Europe, a Struggle to Keep Workers and Customers Cool
Companies are reporting a drop in business, reflecting the economic toll of the heat wave, which is lowering productivity and keeping shoppers at bay.
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Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
The Federal Reserve chair said the central bank would make decisions on interest rates based on data.
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As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
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‘The Better Life Is Out of Reach’: The Chinese Dream Is Slipping Away
Promised a path to prosperity through hard work and education, China’s working class youths are hitting immovable ceilings.
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Energy Markets Wait to See if Iran Will Close the Strait of Hormuz
Crude oil futures will begin trading at 6 p.m. Eastern time on Sunday, providing an early look at the market’s reaction to the U.S. strikes.