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Economic events

China reports smaller-than-expected drop in consumer prices

by Walter Watson
China reports smaller-than-expected drop in consumer prices

Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China reported a 0.3% drop in consumer prices …

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China needs to boost productivity given ‘demographic challenge’

by Walter Watson
China needs to boost productivity given ‘demographic challenge’

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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How U.S. microchips are fueling Russia’s military — despite sanctions

by Edgar Davis
How U.S. microchips are fueling Russia’s military — despite sanctions

Western microchips used to power smartphones and laptops are continuing to enter Russia and fuel its military arsenal, new analysis shows. Trade data and manifests analyzed by CNBC show that …

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Asia markets to fall as investors look ahead to China inflation data

by Walter Watson
Asia markets to fall as investors look ahead to China inflation data

The sunset glow is seen over buildings and a ferris wheel on May 13, 2022 in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets are set …

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Financial markets aren’t the economy

by Walter Watson
Financial markets aren’t the economy

A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 2, 2022 in New York City. Spencer Platt | Getty Images This report is …

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JPMorgan backs off recession call even with ‘very elevated’ risks

by Walter Watson
JPMorgan backs off recession call even with ‘very elevated’ risks

JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are …

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Record high home prices mean you may have cash hidden in your home

by Anas Siddiqui
Record high home prices mean you may have cash hidden in your home

Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Brendan McDermid | Reuters Nasdaq 100 futures ticked higher Friday morning as Wall Street parsed …

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Here’s everything you need to look for in Friday’s July jobs report

by Walter Watson
Here’s everything you need to look for in Friday’s July jobs report

Miami Beach, Florida, Normandy Isle, 7ty One Venezuelan restaurant, interior with customers dining and wait staff cleaning up.  Jeff Greenberg | Universal Images Group | Getty Images Friday’s jobs report …

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Societe Generale Q2 2023 earnings

by Walter Watson
Societe Generale Q2 2023 earnings

French bank Societe Generale reported second quarter results for 2023. Chesnot | Getty Images News | Getty Images Societe Generale returned to profit in the second quarter of this year, …

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