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China's Export Resilience: December Insights
China's trade surplus surged to $75.34 billion in December, reflecting resilient export growth and signs of import recovery, shaping the global market.
China's trade surplus surged to $75.34 billion in December, reflecting resilient export growth and signs of import recovery, shaping the global market.
The potential impact of restoring the expanded child tax credit on families is a crucial aspect at the forefront of ongoing negotiations in Congress.
Discover the financial standing of Bank of America Corp., UnitedHealth Group, Inc., The Bank of New York Mellon Corp., and Wells Fargo & Co in Q4.
Hertz plans to sell 20,000 electric vehicles from its U.S. fleet, reflecting industry challenges.
Slovenia's financial landscape is set to be impacted by the issuance of 250M Euro savings bonds, fostering savings culture.
China's economy faces deflationary pressures and struggles to regain traction amidst record new bank lending and ongoing challenges.
The rental market in 2024 is marked by significant shifts, with the Midwest emerging as a top region for renters to watch. Discover the latest trends and seize new opportunities.
The legal battle between The New York Times and AI companies has significant implications for AI development and the future use of web data.
The Federal Reserve signals a policy pivot towards interest rate cuts in response to changing economic trends, prompting market speculation.
De-dollarization refers to the movement aimed at reducing other countries' reliance on the US dollar in cross-border trade and investments.
2024 stock market poised for a significant upswing, driven by anticipated rate cuts, a soft economic landing, and improving earnings environment.
The Federal Reserve's independence shields it from short-term political pressures, allowing a focus on long-term economic stability and growth.
Forza Italia party's commitment to extending "superbonus" subsidies is crucial in preventing the bankruptcy of businesses and households.
Declining mortgage rates spark interest, but fail to translate into a proportional increase in formal contract submissions.
British house prices fell by 1.8% in 2023, surpassing expectations, but signs of a potential turning point offer hope for buyers and sellers.
Gain insights into the economic disparities in US metro areas and make informed decisions about job opportunities and business expansion.
State-level minimum wage adjustments aim to address income inequality and provide fair compensation for workers. Understand the implications.
Delve into the central bank of Turkey's 2024 plans, emphasizing reserve build-up, exchange rate regime, and inflation targets.
The evolving dynamics of the housing market underscore the need for vigilance and adaptability among industry stakeholders and consumers alike.
Rising initial jobless claims and continuing claims indicate ongoing challenges for job seekers and individuals already out of work.
China's central bank is committed to boosting consumer prices and addressing economic challenges for a stronger economy.
JD.com's victory in the antitrust lawsuit against Alibaba marks a pivotal moment in China's e-commerce industry, emphasizing the imperative of fair competition.
South Korea's consumer inflation eases in December 2023, marking a gradual decline in annual inflation figures and specific sectoral trends.
Italy's regulated household electricity prices are set to decrease by 10.8% in Q1 2024, offering significant relief for consumers and opportunities to optimize energy usage.
Understanding currency conversion rates is crucial for international trade and travel, directly impacting cost and competitiveness.
The survey findings underscore the tenacity of middle-income Americans in striving for financial well-being, even in the face of significant obstacles.
GM's legal action could shape tax policies for companies in autonomous vehicle technologies.
The proposed emission rules by the Biden administration could reshape the automotive market, accelerating the transition to electric vehicles by 2032.
Middle East tensions continue to impact oil prices, with geopolitical conflicts and escalations influencing market dynamics.
Understanding and improving your credit score is crucial for better financial opportunities and favorable lending terms.
The court ruling in favor of Apple carries implications for the tech giant and the smartwatch market, safeguarding its brand reputation.
ECB policymakers' attempts to temper expectations for rate cuts underscore the deliberative approach taken in shaping monetary policy.
For employees and employers, a comprehensive understanding of annual compensation is essential for competitive and attractive compensation packages.
Hong Kong's trade sector showed resilience in November 2023 amidst challenging external conditions, with significant increases in both exports and imports.
U.S. airstrikes in Iraq have raised tensions in the volatile Middle East, highlighting interconnected conflicts and geopolitical rivalries.
The recent rise in U.S. jobless claims and China's net gold imports via Hong Kong contributed to the dynamics affecting gold prices.
The 2024 changes to Social Security and Medicare have significant implications for beneficiaries and workers, prompting proactive financial planning.
Mortgage rates have unexpectedly fallen to a new low of 6.62%, bringing a sigh of relief to potential homebuyers eyeing the competitive market.
Holding excessive amounts of cash can be detrimental to your financial health, especially during periods of high inflation.
The median asking rent in November has fallen to $1,967, representing a 2.1% year-over-year decrease, the largest since February 2020.
Romania's coalition government projects a 3.4% economic growth and no tax increases in their draft budget for 2024, despite fiscal concerns.
The banking giant is set to shutter its municipal underwriting and market-making activities, signalling a renewed focus on profitability.
With a drop to 212,624 units in November, Canadian housing construction faces a steep downturn amidst a labor shortage.
The tragic Olympic Pipeline leak resulted in wildlife losses and economic ripples, with gasoline prices jumping slightly under January futures rates.
During the third quarter of 2023, wage growth in the Eurozone reached a notable 5.3% year-on-year, marking a clear uptick from the previous quarter.
Despite the IEA's forecast for lower demand in 2024, production increases in the US, Brazil, and Guyana may offset output cuts from OPEC+.
The OCC's Semiannual Risk Perspective for Fall 2023 identifies key challenges in credit, market, operational, and compliance risks that banks face.
The Federal Reserve's latest policy decision to leave interest rates unchanged has fueled a jump in U.S. stock index futures and optimism in markets.
New York Fed President John Williams' view on rate cuts led to speedy reactions in the Treasury markets, hinting at the Fed's future actions.
The recent dip in mortgage rates to below 7% offers new hope for prospective homebuyers struggling with high borrowing costs.
Economists were caught off guard by the severe 22% drop in Canadian housing starts, signaling a market cooldown in construction economy.
Despite global economic challenges, India's Nov 2023 trade figures surpassed expectations with a deficit lower than the predicted USD 23.60 billion.
The NMTC's bipartisan support is a strong indication of its potential permanence, ensuring the continuation of its benefits beyond 2025.
The downward trend in China's housing market signals challenges for the world's second-largest economy, with a 0.3% dip in November.
By understanding the nuances of Social Security, retirees can make informed decisions to ensure a financially secure retirement.
Amidst rising inflation, the Central Bank of the Philippines keeps its key interest rate at a steady 6.50%, reflecting a cautionary stance.
Shipments and new orders in NY manufacturing see downturns, pointing towards a broader trend of reduced purchasing by consumers and businesses.
The market reacts to potential rate cuts but the Fed, along with the ECB, indicates a measured approach in their latest monetary policies.
Retirees are turning to annuities for predictable income, as assets in these secure financial instruments hit $2.29 trillion.
Following the central bank's rate decision, the rouble's value fluctuated, reflecting the complex interplay of economic forces in Russia.
Employers must ensure Form I-9 is completed and retained for three years after hiring or one year post-termination, whichever is longer.
The decision to renounce U.S. citizenship involves a rigorous legal process and potentially profound consequences for those who choose this path.
The concept of money has been integral to human civilization, evolving from a simple barter system to sophisticated financial instruments.
Many retirees find themselves at a crossroads, contemplating a return to work influenced by loneliness and financial pressures.
Clearinghouses have until March 31, 2025, to comply, while market participants must adapt their Treasury trades by December 31, 2025.
Facing new IRS guidelines, Tesla Model 3 RWD and Long Range variants lose their full tax credit after 2023, halving to $3,750 from January 1.
Mastercard and Visa could see a cap on their fees for cross-border transactions, with rates set at 0.2% for debit and 0.3% for credit.
The Consumer Price Index's slight increase in November brings hope for economic calming and signals potential steady interest rates.
Despite positive signs in lending growth, China's latest economic figures reveal a mixed picture for the post-pandemic recovery.