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economics

  • economics

Walmart is laying off hundreds of employees nationwide and relocating employees in multiple locations.

Paul WilkinsMay 14, 20244 mins

American retail giant Walmart is in the process of laying off hundreds of employees nationwide while also requiring most remote…

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  • economics

US Imposing Tariffs on Chinese Steel and Aluminum, High Value-Added Products Particularly Affected

David SessionsMay 14, 2024May 15, 20245 mins

The United States has significantly increased tariffs on certain products from China. The White House announced on Tuesday (May 14)…

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  • economics

Producer Prices Soar in April in the U.S., Consumers Face Price Increases

Nick LiMay 14, 20244 mins

In April, wholesale prices in the United States rose more than expected and reached the highest level in a year….

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  • economics

Dutch Central Bank: Wage Increases are the Main Driver of High Inflation

Bill SnyderMay 14, 20245 mins

The Central Bank of the Netherlands recently released a survey report attributing last year’s high inflation rate to a significant…

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  • economics

Stalemate: China and ASEAN’s Free Trade Negotiations Deadlocked

David SessionsMay 14, 2024May 15, 20245 mins

On Tuesday, May 14th, sources revealed to Reuters that negotiations for a free trade agreement between the Chinese Communist Party…

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  • economics

USTR explains reason for imposing $18 billion tariffs on Chinese products

Jesse HanMay 14, 2024May 15, 20249 mins

On Tuesday, the United States Trade Representative, Katherine Tai, issued a statement explaining the reasons behind imposing new tariffs totaling…

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  • economics

US Ambassador to EU: Chinese Communist Party Intentionally Seeking to Damage US-EU Economic Industries

Bill SnyderMay 14, 2024May 15, 20244 mins

The United States Ambassador to the European Union, Mark Gitenstein, stated on Tuesday that the Chinese Communist Party is deliberately…

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  • economics

Henan shop discovered gas arrears nearly 500 million yuan, sparking debate

Lynn ModiseMay 14, 2024May 15, 20244 mins

Recently in Xinxiang, Henan, during a period of closure, a business discovered that their gas bill was close to 500…

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  • economics

Alibaba’s Fourth Quarter Net Profit Drops 86%, Ant’s Third Quarter Declines 19%

Paul PriceMay 14, 2024May 15, 20244 mins

Alibaba Group’s financial report released on Tuesday, May 14th, indicated that despite the company’s revenue exceeding expectations in the fourth…

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  • economics

Biden significantly increases tariffs on a series of Chinese imported goods.

Bill SnyderMay 14, 2024May 14, 20248 mins

On Tuesday, US President Biden announced a significant increase in tariffs on a range of Chinese imported products, including electric…

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