China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
Federal Reserve set to cut rate but may signal a pause to come
WASHINGTON — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s…
Asian shares are mixed ahead of interest rate decision by the Fed
BANGKOK — Shares were mixed in Europe and Asia as investors were treading cautiously Monday ahead of an…
It’s going to take a while for economic data to get back to normal
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox…
Japan’s economy contracts as US tariffs hit its exports
TOKYO (AP) — Japan’s economy contracted at a 1.8% annual pace in July-September as President Donald Trump’s tariffs…
Japan’s economy contracts as exports get hit by US tariffs
TOKYO — Japan’s economy sank at an annualized rate of 1.8% in the July-September period, government data showed…
A Vermont cycling apparel company is trying to survive Trump’s tariffs. Will the Supreme Court help?
BURLINGTON, Vt. — From the moment President Donald Trump imposed tariffs on nearly every country, Nik Holm feared…
Consumer confidence dips modestly in October with Americans concerned about the future
WASHINGTON (AP) — Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.…
The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years
WASHINGTON (AP) — In another grim sign for the U.S. labor market, jobless claim applications jumped to their…
Treasury chief says wars and tariffs are harming the UK’s economic outlook
LIVERPOOL, England — Britain’s Treasury chief warned Monday that wars in Ukraine and the Middle East and economic…
Wall Street drifts as tech stocks climb and oil prices sink
NEW YORK (AP) — Wall Street is drifting in mixed trading on Monday as technology stocks recover some…
Reeves Faces OBR Fight Over Plan to Scrap UK’s Spring Forecast
UK Chancellor of the Exchequer Rachel Reeves risks a confrontation with the head of the government’s fiscal watchdog…