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We need ‘a lot more help from President Trump’ to prevent a global recession, says Moody’s chief economist
Mark Zandi said the economy needs "him not to pursue this trade war and certainly not escalate the war." If more goes wrong, we'll see recession, he said.
If the bill passes, it will "damage Sino-US relations, and it will seriously damage the interests of the United States," China said.
The model uses "a range of data spanning economic conditions, financial markets and gauges of underlying stress."
China is reportedly weighing a currency pact in return for tariff suspensions as US trade talks kick off
All eyes are on the trade war as talks begin on Thursday and Friday, but could go on longer, depending on how they go.
Singapore just beat out the US as the world’s most competitive economy again – here are the 3 areas it shone in
Singapore scored full marks on the pillar for health, which is an assessment of health-adjusted life expectancy.
Stocks are rallying on a report that China is offering to buy more American agricultural goods to ease the trade war
Chinese officials are set to meet their US counterparts on Thursday, in the hope of a partial trade deal being reached.
Singapore swooped in to take the No. 1 slot, according to a 666-page report from the World Economic Forum, which cited trade and geopolitical tensions.
"It's a reflection of the trade war and uncertainty this has created among the Chinese authorities — they need to hedge their risks."
The EU says negotiation is a "preferred approach," the Wall Street Journal reported. It's a sign Europe wants to avoid a full-blown trade war with the US.
A Federal Reserve Bank of San Francisco study found that automation has played a major part in declining incomes.