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Evergrande Crisis Is One of 4 Warning Signs Flashing for World Economy

China’s Evergrande is spooking markets and the global economy faces a range of threats that could derail recovery. Soaring energy prices are disrupting production; in the background the US and China still aren’t getting along. With growth slowing and prices hitting multiyear highs, economists are talking about the dreaded “stagflation.” Loading Something is loading. … […]

Mixed Signals on U.S. Economy Add to Volatility By TipRanks

© Reuters. Mixed Signals on U.S. Economy Add to Volatility Several statistics released by the U.S. government and private organizations on Friday gave mixed signals on the direction of the U.S. economy, adding to Wall Street volatility. On one hand, data show that the rise in household spending that powered the economic recovery so far […]

Stocks Gain to Start the Fourth Quarter

U.S. stocks rose in early trading Friday, putting major indexes on course for gains at the end of a choppy week on Wall Street. The S&P 500 ticked up 0.4% after the broad stocks index closed out its biggest monthly loss since March last year. The S&P through Thursday had fallen 3.3% so far this […]

The latest shock to China’s economy: power shortages

Oct 2nd 2021 Listen to this story Your browser does not support the <audio> element. Enjoy more audio and podcasts on iOS or Android. At least 19 of China’s provinces, including many of its industrial heartlands, have suffered power shortages in recent weeks, with some unplanned and indiscriminate cuts. In many parts of the country, […]