Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader
While most of the world wonders nervously what’s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.
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China Fires Up a Massive Floating Solar Farm
By Irina Slav, Oilprice.comImages of the Beijing smog and millions of people wearing masks to be able to breathe are among the more dramatic depictions of air pollution caused by excessive industrialization. Now that China is...
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Why China, Not OPEC, Will Make or Break the Price of Oil This Year
By Nick Cunningham, Oilprice.comThe OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second half of 2017, according to Helima Croft of RBC...
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Are China’s Hidden Liabilities Behind Moody’s Ratings Downgrade?
Concerns about China’s “massive debt burden” and slowing economy are causing new concerns after Moody’s Investor Services sounded a full-blown alarm this week downgrading China’s credit rating on...
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Why China May Be Headed for a Massive Bank Bailout
By John Ruwitch and Yawen Chen, ReutersMoody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as...
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As the US Pulls Back, China Boosts Global Trade on a New Silk Road
By Ben Blanchard and Sue-Lin Wong, ReutersChinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road...
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Trump Projects Confidence As China Meeting Looms
By Rob GarverLess than a week before he sits down with the president of China for what will be his most complex and challenging foreign negotiation since taking office, President Trump gave an interview to The...
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Why China Is a Big Part of Tesla’s Future
By Evelyn ChengElon Musk's Tesla is a growing player in China, where the global fight to develop electric, self-driving cars is raging hot. Hong-Kong traded Tencent, a company best known for its WeChat messaging...
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Tillerson’s Asia Trip Could Signal the End US Soft Diplomacy
Tillerson’s tour is an opening round in an extended process. But early signals indicate that Washington risks serious damage to important relationships across the Pacific—notably with China and South...
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Trump to Finally Crack Down on China's Hacks, Theft and Lies at US Expense
By Liz PeekLong coddled by establishment Foggy Bottom types and by U.S. corporations salivating over China’s burgeoning markets, Beijing has met little resistance as it has cyber attacked U.S. corporate and...
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China Sends a Message with Its New ‘Carrier Killer’ Missile
By Millie DentChina just held a massive military parade to mark the 70 th anniversary of the end of World War II. Organizers spared no expense. The Beijing display reportedly featured 12,000 troops, about 200...
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A Fed Rate Hike Could Turn Global Financial Anxiety into a Nervous Breakdown
By Caroline BaumNever has so much been said by so many about so little. The topic of this year's Jackson Hole symposium , sponsored by the Federal Reserve Bank of Kansas City, was "Inflation Dynamics and Monetary...
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China Jitters Throttle Oil Prices Again
By Matt Smith, Oilprice.comSuckerpinch, suckerpunch, for the first day of the month. We kick off September carrying the baggage that we picked up last month – that of economic fears ignited by China. Overnight PMI numbers from...
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3 Major Lessons From the China Crisis That Wasn’t
Now that the stock market has ended its foolish careening in response to China’s modest, sensible adjustment in its exchange-rate mechanism, where are we? To borrow from Donald Rumsfeld’s famous...
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Stocks Surge, Dow Gains 620 Points
By Evelyn ChengU.S. stocks shot higher on Wednesday, rebounding from six consecutive days of declines that pushed the major averages into correction territory. In addition to an oversold bounce, some analysts also...