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U.S.-China Trade War Nearing End?

Is the U.S.-China trade war nearing an end?

President Donald Trump's leading trade war mediator U.S. Trade Representative Robert Lighthizer said that the U.S. is making "headway" on problems it considers essential, including its desire for China to make deep structural modifications...
global debt storm

A global debt storm is brewing says S&P analysts

Domestic and global debt is now even greater than before the global financial crisis, making the world susceptible to economic and market shocks, S&P Global Rankings has warned. S&P analysts have found that global debt...
Inflation to decline

Consumers breathe a sigh of relief as U.S. inflation forecasts fall

In a potential boon for the economy, consumers in the United States are expecting a less gradual increase in the price of goods and services. According to the Federal Reserve Bank of New York,...
global poverty

Global poverty is on the decline…kind of

Last month, Microsoft co-founder and philanthropist Bill Gates touched off a prominent dispute about global poverty after tweeting out a chart from the site Our World in Data showing that the variety of people...
Budget Deficit

Washington shrugs as budget deficit continues to soar

The federal deficit spending is ballooning on President Donald Trump's watch and Washington does not seem to mind. And even if they did, the political dynamics that enabled bipartisan deficit-cutting offers decades earlier has vanished,...
china rural banking

China looks to boost rural banking options

China's banking and insurance regulators have issued a notice to domestic banks to boost financial support in the nation's non-metropolitan areas. In a notice released on March 8, the China Banking and Insurance coverage Regulatory...
trump border wall

Trump seeks $8.6 billion for border wall

The cost of Trump's border wall is more than six times what Congress designated in each of the previous two fiscal years, and 6 percent more than Trump has corralled by invoking emergency powers...
Kylie Jenner Billionaire

Kylie Jenner is officially a billionaire

Kylie Jenner, of Kylie Cosmetics, has become the world's youngest self-made billionaire after her company signed a unique collaboration with Ulta Beauty Inc. Jenner, 21, is worth $ 1.02 billion, according to the Bloomberg Billionaires...