China pledges to open economy, rebalance trade amid global tensions
On the Dash:
China aims to expand imports and rebalance trade after posting a $1.2 trillion surplus in 2025.
Foreign direct investment fell 5.7% in January to just over 92...
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
U.S. economy
As U.S. economy slows, job growth beats expectations in April
The Labor Department revealed that job growth performed better than anticipated in April despite banking turmoil and a slowing economy.
According to the Bureau of Labor Statistics, nonfarm payrolls rose by...
U.S. weighs option to roll back China tariffs to ease inflation
U.S. Treasury Secretary Janet Yellen and the Senior Economic Official in Beijing, Vice Premier Liu He of China, met earlier this week to discuss ways to decrease inflation and balance...
Consumer spending increases, inflation eases slightly in May
According to a Commerce Department gauge used by the Federal Reserve, the rate of inflation during May was consistent and while it did rise, it was slightly less than expected.
Core...
Unemployment claims decline slightly, labor market remains tight
While labor market conditions remained tight last week, the number of Americans submitting new claims for unemployment benefits decreased somewhat.
Since falling to more than a 53-year low of 166,000 in...
Luxury dealer Tom Maoli on economic and industry trends shaping auto retail today
How is the lack of new and used vehicle inventory impacting luxury buyers? To help us answer this question, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity...
Fed raises interest rates by 0.75%, sees more hikes coming down the pipeline
The Federal Reserve is finally stepping in once again to fight inflation and the tumultuous housing market. The Fed raised interest rates by 0.75% on Wednesday, the highest in over...
Study finds Americans are driving less as gas prices soar
California's price for a gallon of regular unleaded gasoline hovered around $6.42 per gallon on Tuesday, the highest fuel price in the country. The national average has broken the $5 per gallon...
U.S. mortgage market signals a cooldown in purchasing, but what about automotive?
The cost of financing a home purchase has risen substantially since the start of the year, throwing water on a blazing-hot housing market. Interest rates have shot up to an...
Economy and job market lead to pay compression in over half of U.S. companies
Research from talent solutions and business consulting firm Robert Half has revealed that a growing number of American companies are experiencing pay compression. Of executives surveyed, 56% say they have...
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