Chinese banks reportedly issuing ‘phantom loans’ to hit targets amid weak economy Chinese banks are reportedly resorting to “quick-lend-and-recover” tactics to meet government-mandated lending quotas …
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Trump to revive offshore drilling in California, Alaska and Gulf in major policy reversal Info via a Wall Street Journal (gated) report. The Trump administration …
Goldman Sachs expects first U.S. job loss since 2020 as labor market cools Goldman Sachs economists expect U.S. nonfarm payrolls to have declined by around …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
White House weighs curbs on proxy advisers, index-fund voting power Info via a Wall Street Journal (gated) report: The White House is considering an executive …
Gold has caught a bid again after weaker US jobs data on Tuesday investingLive Americas market news wrap: Weekly ADP employment cools The expectation is …
Trump says he will lower some tariffs on coffee. I’m not sure what venue Trump is speaking from. This wasn;t from a social media post. …