Trump: China to Purchase Massive Amounts of US Energy
On October 30, 2025, US President Trump announced that China has agreed to start purchasing American energy. He stated that…
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Electric vehicle market slows down: General Motors to lay off over 1700 employees in the United States.
General Motors (GM) announced on Wednesday, October 29, that it will lay off more than 1,700 employees in factories in…
American buyers welcome the biggest autumn housing discounts in recent years.
US Homebuyers Enjoying Largest Autumn Discounts Since 2019 Potential homebuyers across the United States are experiencing the largest autumn discounts…
US Consumer Confidence Slightly Declines in October, Income Levels Impact Confidence
The Consumer Confidence Index for the United States, released by The Conference Board, a major global business organization, showed a…
The Fed Cuts Interest Rates by Another 25 Basis Points: What Does It Mean for Your Wallet?
The Federal Reserve (Fed) announced on Wednesday, October 29th, that it will cut its benchmark interest rate by 25 basis…
“Medicine Cabinet Maotai”: Pai Zi Huang, Price Drops from 1600 Yuan to 600 Yuan
In China, a product known as “Pianzaihuang”, dubbed the “Maotai of medicine,” has seen a significant drop in price from…
Mainland Liquor Company “Kouzi Cellar” reports a 92% year-on-year drop in net profit for the third quarter
Anhui Koushi Liquor Co., Ltd. (Koushi Cellar) reported a significant decline in both operating income and net profit for the…
Mainland Feiteng Moutai wholesale price falls below 1700 yuan for the first time
On October 28th, the wholesale price of Feitian Moutai in mainland China dropped below 1700 yuan per bottle for the…
Over 3,000 A-share companies release third-quarter reports, with over half reporting profit decline.
As of Tuesday evening, over 3000 A-share listed companies have released their third-quarter financial reports, with around 1800 companies experiencing…
Fed Cuts Interest Rates by 25 Basis Points, Uncertainty Looms Over December
The Federal Reserve announced a 25 basis point rate cut on Wednesday (October 29th), bringing the federal benchmark interest rate…