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U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.Read More...
China should focus on fighting deflationary pressure, former central bank governor says
China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai.Read More...
7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company
Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and significant challenges" it would face.Read More...
China’s wealthy are increasingly looking overseas for business investment opportunities
China's wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.Read More...
JPMorgan top economist says the Fed should cut rates by a half point this month
JPMorgan chief U.S. economist Michael Feroli believes there's a strong case for the Federal Reserve to speed up the pace of rate cuts.Read More...
How high earners can funnel money to a Roth IRA, the ‘gold standard’ of retirement accounts
High earners may find it tricky to access tax breaks in individual retirement accounts. A workaround may help.Read More...
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