Category: Business

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China Delays the Release of G.D.P. and Other Economic Data

The unusual move comes as the country’s ruling elite have gathered in Beijing for the twice-a-decade national congress of the Communist Party.  » mehr lesen

Stock Markets Bounce After a Week of Whiplash

The S&P 500 rose sharply in on Monday after resilient earnings at Bank of America and news of a radically revised tax plan in Britain.  » mehr lesen

Kanye West Agrees to Buy Parler, Company Says

The agreement in principle to buy the social media service comes days after Twitter and Instagram restricted the rapper’s account for violating its terms.  » mehr lesen

In Xi’s China, the Business of Business Is State-Controlled

The Chinese leader has increasingly demanded that businesses conform to the aims of the Communist Party, an agenda he doubled down on this week at an important political gathering.  » mehr lesen

An Uptick in Elder Poverty: A Blip, or a Sign of Things to Come?

Seniors didn’t fare as well through the pandemic as most. But longer-term trends aren’t moving in their favor either.  » mehr lesen

‘Moving Backward’: In Xi’s China, Some See an Era of Total Control

A decade ago, many prominent Chinese hoped that Xi Jinping would usher in openness and reform. Today, some of them believe he has created a totalitarian state.  » mehr lesen

Bank of America’s Latest Earnings Suggest U.S. Consumers Remain Strong and Active

Loan and deposit growth at the nation’s second-largest bank suggest that a possible global economic slowdown has not yet hurt many Americans.  » mehr lesen

Finance Minister Jeremy Hunt Drops Most of U.K. Tax-Cut Plan

Jeremy Hunt also put a time limit on energy subsidies, seeking to reassure markets and reduce pressure on Prime Minister Liz Truss.  » mehr lesen

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