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.
Category: Economic Conditions and Trends
Why It’s So Hard for China to Fix Its Ailing Economy
A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world.
Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
How Economic Grievances Were Exploited in Britain’s Violent Unrest
Nationalist hatred has been linked to forces like stagnant wages and declining services, even though research shows immigration helps many economies.
China Shows Few Signs of Tilting Economy Toward Consumers in New Plan
The Communist Party rebuffed calls from economists to shift away from investment-led growth and toward consumer spending.
Where Have All the Chinese I.P.O.s Gone?
Chinese companies’ stock market listings once flooded Wall Street. These days, China’s initial public offerings are in a drought.
How Taylor Swift’s Eras Tour Might Affect Europe’s Economy
Economists are debating what effect the singer’s sweep through Europe will have this summer as swarms of fans increase demand for hotels and services.
China’s Lust for Durian Is Creating Fortunes in Southeast Asia
Demand for the fruit, known for its rich taste and intense smell, has reshaped parts of Southeast Asia, where it has long been a staple.
$29 Trillion: That’s How Much Debt Emerging Nations Are Facing
A decades-long crisis is getting worse, and now dozens of nations are spending more on interest payments than on health care or education.
U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.