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.
China’s Slumping Trade Adds Pressure for Settlement With Trump
China’s exports slumped in December as a rush of orders to beat expected tariffs showed signs of fading and as domestic buyers succumbed to a worsening economic outlook.
Inside the Future Factory
Over the past 40 years, the fishing village of Shenzhen has been reborn as a futuristic metropolis bursting with factories.
These Could Be the World’s Biggest Economies by 2030
Seven of the world’s top 10 economies by 2030 will likely be current emerging markets. (Source: Bloomberg)