Chinese business leaders came to Davos with a message of economic optimism
Many Chinese business and political leaders came to Davos with a consistent message of optimism that Asia’s largest economy will continue to drive global growth.
The Fed may be moving closer to ending its rally-killing balance sheet reduction
Federal Reserve officials are nearing a decision on when to end the reduction of the bonds it is holding on its balance sheet, a key consideration for investors watching how far the central bank will go in tightening monetary policy, according to The Wall Street Journal.
ECB’s Draghi warns of weaker growth ahead
European Central Bank President Mario Draghi acknowledged on Thursday that economic growth in the euro zone was likely to be weaker than earlier expected due to the fall-out from factors ranging from China’s slowdown to Brexit
U.S. labor market remains strong, economy slowing
The number of Americans filing applications for unemployment benefits fell to more than a 49-year low last week, but the drop likely overstates the health of the labor market as claims for several states including California were estimated.
China’s Xi Warns Party of ‘Serious Dangers’ as Risks Mount
President Xi Jinping stressed the need to maintain political stability in an unusual meeting of China’s top leaders — a fresh sign the ruling party is growing concerned about the social implications of the slowing economy.
China’s Unlikely to Rebound From Its Slowdown Anytime Soon
China isn’t set to come to the rescue of a weakening world economy even amid signs policy makers are successfully cushioning some of its slowdown.
China offers 6-year import boost in trade talks with US
China has offered a six-year boost in imports during its ongoing talks with the U.S., officials familiar with the matter told CNBC.
U.S. manufacturing output posts biggest gain in 10 months
U.S. manufacturing output increased by the most in 10 months in December, boosted by a surge in the production of motor vehicles and a range of other goods, which could allay fears of a sharp slowdown in factory activity.
China Presses on With Tax-Cut Strategy as Lending Stabilizes
China’s government is turning increasingly to tax cuts as the first line of defense against a slowing economy, as credit data released Tuesday showed some vindication of its gradual stimulus strategy.
Goldman Outlines ‘Where to Invest Now’ in U.S. Equities
U.S. stocks could deliver big gains in 2019 if history is any guide, and some companies have more potential to outperform than others, according to Goldman Sachs Group Inc.