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’s Currency Shocker: The Perfect Excuse for the Fed to Rethink Its Rate Hike
It was inevitable, I guess. Despite the fact that the U.S. economy has never been larger and is growing fairly steadily, or that net household wealth has soared, or that the job market is rapidly...
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As China Rattles Stocks, the Fed May Delay Rate Hike
By Jeff Cox, CNBCIn the course of just a couple of days, things have gotten a lot more complicated for the Federal Reserve. Late last week, when the July jobs numbers came in right around market expectations,...
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China’s Currency Devaluation Brings Stocks to a 'Death Cross'
The Dow Jones Industrial Average posted its first "death cross" since 2011 on Tuesday — a technical signal in which the 50-day moving average drops below the 200-day moving average, a sign of a...
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Here's the Big Loser From China’s Currency Devaluation
By Linette Lopez, Business InsiderThere is one country that stands to suffer more than any other from China's decision to devalue its currency: Brazil. China is Brazil's largest export market, gobbling up 50% of the iron ore, oil,...
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Oil Sector Insiders Signal It’s Time to Buy
By Michael Brush, The Fiscal TimesOil prices plunged to their lowest level of the year on Tuesday, erasing big gains made on Monday as investors anticipated that China’s surprise devaluation of the yuan signals reduced demand for...