Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.
Category: Economic Conditions and Trends
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Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.
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U.S. Oil Production Is Booming. Oil Jobs Are Not.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.
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Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.
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China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.
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China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
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The Fed Is in no Rush to Cut Rates, Even if There Is a Weak Jobs Report
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
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China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
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Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.
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Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
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California Economy Feels the Pain of Hollywood Studio Troubles
Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten stiffer.