PDD Holdings unexpected poor performance triggered a stock plunge, inflicting potential billions in losses on heavily invested hedge funds and shaking investor confidence in Chinese equities.
The Federal Reserves anticipated decision to lower interest rates marks a pivotal shift in monetary policy, signaling a transition from inflation control to economic stimulation.
Kamala Harris is campaigning on a platform of promoting recent economic progress while acknowledging and proposing solutions for lingering financial challenges faced by voters.
This analysis explores how public perception of inflation and incumbency blame shifted between Biden and Harris during a hypothetical presidential race.
The author argues that the United States unsustainable national debt trajectory will likely only be addressed during a crisis, despite the predictable and severe economic consequences.