China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
Category: Economic Conditions and Trends
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
Another Jolt of Uncertainty for a Global Economy Mired in It
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
They Barter and Trade in Rural America. How Will They Vote?
Many rural Americans engage in cashless barter systems to get food and firewood for heating and cooking. They value self-sufficiency, making them wary of government intervention.
Why Chinese Are Rushing Into a ‘Casino’ Stock Market
Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.
How Kamala Harris’s Economic Plan Has Been Shaped by Business Leaders
The vice president has repeatedly incorporated suggestions from business executives into her economic agenda.
Oil Prices Rise as Mideast Crisis Intensifies
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.
In Nevada, Economy Tops Issues as Unemployment Remains High
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station.