Sep 17, 2024 | Markets
Value of purchases rose 0.1% in August; estimate 0.2% drop Control-group sales increased for a fourth straight month US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail...
Sep 17, 2024 | Markets
Politicians are overselling the effectiveness of tariffs while underselling the costs to American businesses and households. In 2016, Donald Trump campaigned for the US presidency on a promise to beat China. Once in office, he unleashed a barrage of tariffs and export...
Sep 16, 2024 | Markets
There’s lots Ford and GM could learn from the likes of BYD about building affordable electric cars. For a century, America’s car plants, dealer lots and highways have been the world’s preeminent automotive battlefield. No longer. China has grown to be simultaneously...
Sep 16, 2024 | Markets
Lynas facility near Houston shows challenges facing industry Beijing controls about 70% of production of the key minerals A couple hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of...
Sep 15, 2024 | Markets
Factory output, consumption, investment data disappoint Hong Kong-listed equities brace for impact as mainland is shut Chinese stocks trading in Hong Kong look primed for losses on Monday following a poor set of economic data that’s deepened skepticism over any...