Tag: economy
China fine tunes economic stimulus as it braces for new US administration
BANGKOK -- China is fine-tuning policies to rev up its economy as it braces for uncertain relations with the United States under President-elect...
US hiring likely rebounded last month after storms and strikes curtailed October job growth
WASHINGTON -- Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to...
Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era
NEW YORK -- The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs...
Powell: Fed's independence from politics is vital to its interest rate decisions
WASHINGTON -- Chair Jerome Powell said Wednesday that the Federal Reserve's ability to set interest rates free of political interference is necessary for...
Trump nominates cryptocurrency advocate Paul Atkins as SEC chair
WASHINGTON -- President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.Trump...
The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it...