Chinese President Xi Jinping is expected to make his first visit to India before traveling to the U.S. for a meeting with U.S. President Donald Trump.
Jackson Hole analyst roundup: Warsh’s speech sends hike chances higher, may put Fed `at odds’ with Treasury
Fed Chair Kevin Warsh’s hawkish stance reinforced expectations of a relatively tighter stance at the Federal Open Market Committee meeting in September.
China’s factory activity shrinks for second straight month, contracting less than expected
China’s manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.
Singapore tackles finances and culture to avert a demographic crisis
One challenge for policy makers is that success on many measures won’t show up immediately.
Analysts like this humanoid supplier, even if the robots remain concepts — for now
As the novelty of humanoid robots gives way to questions about their commercialization, stock analysts see potential for one gear box supplier.
K, C or E? Why economists can’t agree on the shape of today’s economy
Economists have long viewed the post-pandemic economy as “K”-shaped. That consensus has now evaporated.
Corn and wheat prices jump to highest prices in more than three years
Corn and wheat futures have surged to their highest levels in more than three years. But the reasons for these recent rallies are notably different.
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April.
September Fed decision is now a coin flip as rate hike odds increase post Warsh
Odds rose after Warsh’s speech in Jackson Hole, Wyo., where he discussed that he still is frustrated with the overall inflation trend.
Fed Chairman Warsh expresses concern about inflation, advocates for ‘quieter’ central bank
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals