#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Trump critical of US-India trade balance after Modi knocks back tariff deal claims
Donald Trump called out India’s trade practices just hours after Prime Minister Narendra Modi returned from China. Trump said the United States was stuck in what he described as “a totally one-sided d...
Europe inflation ticks up to 2.1%, rattling the stock market
European markets slipped hard on Tuesday after new numbers from Eurostat showed inflation across the euro zone climbed to 2.1% in August, putting pressure on investors already watching rate cuts and s...
A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP
A new analysis says tougher federal enforcement could hurt the industries that power California’s $4 trillion economy, as it is dependent on immigrant workers. Researchers identify agriculture, constr...
Oil traders believe OPEC+ will hold production levels unchanged at this weekend’s meeting
Oil traders expect OPEC+ to leave crude output unchanged at a meeting this weekend, pausing after months of faster supply additions. Delegates from the Organization of the Petroleum Exporting Countrie...
Putin and Modi continue to defy Trump's economic stick at SCO Summit
Narendra Modi hugged Vladimir Putin in Tianjin on Monday right there at the regional SCO Summit in front of cameras. Then they got into the same car and headed to a private meeting. All this while Was...
Chinese factories see strongest growth since March, PMI beats expectations
Chinese factories were a little louder in August, with activity expanding at the fastest pace in five months. A closely watched private survey, the RatingDog China General Manufacturing Purchasing Man...
Crashing currency and economic pressure threaten to derail Indonesia
Indonesia’s economy is under intense pressure right now as violent protests, a falling currency, and political tension hammer confidence in what Wall Street considers Southeast Asia’s most stable mark...
India suffers worst bond selloff since 2022 as yields surge in August
India is scrambling to contain its bond market after yields spiked in the biggest selloff since 2022. The Reserve Bank of India (RBI) is now weighing moves to calm markets after a brutal August saw th...
Samsung and SK Hynix tumble after U.S. tightens chip export rules
Samsung Electronics and SK Hynix shares plummeted on Monday in the wake of revised rulings on critical semiconductor shipping requirements from the U.S. The new ruling also makes it harder for the wor...
Wall Street investors are fleeing U.S. stocks in September and moving into foreign banks and gold miners
Wall Street is officially spooked. September started with warning signs flashing across every major index, pushing investors straight into foreign banks and gold miners. This is about survival. August...
Private credits emerge as wealthy Americans' favorite wealth management route
America’s wealthy are driving a surge in private credit, shifting the market from one led by banks to one fueled by pension funds and affluent individuals. The asset class is now cementing itself as o...
S&P 500 to Commodity Index ratio has tripled since 2022 and just hit a new all-time high
The S&P 500 to Commodity Index ratio just hit another all-time high, tripling over the past three years. Since the 2022 bear market, U.S. stocks have soared while commodities collapsed. The S&P 500 ha...