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 roils US stocks at open, brings doubts about US tech edge
US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI ...
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’.
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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 ...
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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) ...
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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 ...