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China’s trade surplus hit a record high in 2024
Exports end the year on a strong note China’s December export growth rebounded to 10.7% year-on-year from 6.7% YoY in…
More signs of a US manufacturing revival
Encouraging data point to an upward turn in US industry US industrial production jumped 0.9% month-on-month in December versus the…
US will hit debt limit on Tuesday, Yellen says in letter
U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and would begin…
Robust US economy may not need Trump’s big reforms
U.S. President-elect Donald Trump campaigned on promises of aggressive import tariffs, strict immigration curbs, deregulation and smaller government, but the…
Three reasons Trump tariffs aren’t China’s only problem
China’s economy rebounded in the last three months of last year, allowing the government to meet its growth target of…
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last…
BofA offers “Ten surprises for 2025”
Bank of America has published a list of “Ten Surprises for 2025,” which it says are plausible events that would…