US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall ...
Trump's digital dollar ban gives China and Europe's CBDCs free rein
Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
decrypt1d
China’s DeepSeek AI Is Good for Bitcoin, Says Standard Chartered
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin ...
NBC 10 Philadelphia12d
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Ng expects China to cut rates by 50 basis points this year, although the timing will depend on external monetary conditions, namely the U.S. Federal Reserve's easing steps. The PBOC has ramped up ...
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Federal Reserve meeting this week on 2025 interest rates as Trump demands cuts
The Federal Reserve is set to discuss interest rates this week, with no expected changes despite President Trump's calls for a rate cut. (Scripps News) ...
The Taipei Times3d
China’s factory activity contracts, first in 4 months
The Lunar New Year holiday, China’s most important festival, begins today and runs until Tuesday next week. Millions of ...