In China Businesses Cut Prices as Consumers Spend Less

In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
Fragile Global Economy Faces New Crisis in Israel-Gaza War

Fragile Global Economy Faces New Crisis in Israel-Gaza War

A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”