China's nonfinancial debt reportedly stands at $51.87 trillion or 295% of the GDP, higher than Japan and the U.S.
Most of the job gains were in the private sector, in industries benefiting from the re-opening of the economy, like leisure and hospitality, followed by healthcare and construction.
Mexico is the second most popular destination for Americans planning to relocate to another country for retirement.
2023 will be a challenging year for the housing industry for several reasons.
India still needs to deploy the advantages it has to attract foreign investment and catch up with China.
Have valuations been depressed far enough to make U.S. stocks a bargain? It depends on the metric used and the expectations of the direction of the U.S. economy.
Wall Street's enthusiasm for Salesforce's shares could be short-lived, as the company's big problem isn't the employee count but its growth strategy.
The December jobs report could play a major role in the Federal Reserve's decision to end interest rate hikes.
The average price for 2023 is expected to be at $81.5 versus $94.2 in 2022 — a 13.5% decline.
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Xi Jinping's strategy is said to adhere to Sun Tzu and "The Art of War": Take small moves to outflank the enemy, which he will see as threatening once it's too late.
Investors can make money in both bull and bear markets, provided that they know how recessions affect different sectors of the economy.
Central banks around the world are determined to do whatever it takes to fight inflation, including pushing the world economy into recession.
Now, Manila is trying to correct former President Rodrigo Duterte's flip-flops by increasing military patrols in the disputed waters area.
Stocks are waiting for the Santa Claus Rally.
Prime Minister Fumio Kishida's government made critical revisions to Japan's security chart, lifting some of the impediments preventing the country from rearming.
The athletic footwear and apparel maker reported solid fiscal 2023 financial results that beat analysts' expectations, sending its shares sharply higher.
The surprise BOJ move sent shockwaves throughout the global financial markets, adding to the volatility seen following a hike in the U.S. and European interest rates last week.
African countries have hardly seen the traditional "multiplier" effects associated with construction projects, while they have seen their private and public debt soaring.
Rising interest rates will bring more pain to struggling Americans, particularly those in the lower- and middle-income groups.
China's chip manufacturers made some progress in advanced semiconductors, but the country remained highly dependent on Taiwanese and South Korean imports.
When the nation's central bank raises interest rates to fight inflation, financial markets adjust asset values downwards to reflect the higher rates.
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The change in the consumer spending pattern is driven by persistently high inflation.
The December FOMC meeting is over, the policy statement is out, and Fed chair Jerome Powell has provided his views about the future direction of monetary policy for 2023.
Inflation has come down from multi-year highs but remains elevated, hurting Main Street.
With inflation in the U.S. easing and the Federal Reserve preparing to slow down the pace of interest rate hikes and eventually halting them together, it may be time for U.S. investors to nibble into emerging market equities like those of Pakistan and India.
U.S. stocks and bonds staged a strong rally on Tuesday morning following the release of new consumer inflation numbers by the Bureau of Labor Statistics showing that price hikes across the economy are easing.
On Wednesday, the Open Market Operations Committee (FOMC) will hold its regular meeting, which will set the pace of interest rate hikes for another five weeks to bring inflation under control.
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