Economy

Wealth inequality is worse than ever as K-shaped economy widens

Wealth inequality is worse than ever as K-shaped economy widens

The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corpo...

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China’s factory activity grows at fastest pace since October, private survey shows, beating official reading

China’s factory activity grows at fastest pace since October, private survey shows, beating official reading

An employee works on a carbon fiber production line at Zhongfu Shenying in Lianyungang, China’s eastern Jiangsu province on July 31, 2025. Str | Afp | Getty Images China’s fa...

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Hassett praises Trump’s pick of Warsh to lead Federal Reserve

Hassett praises Trump’s pick of Warsh to lead Federal Reserve

Kevin Hassett, the National Economic Council director once considered a clear front-runner to be named the next Federal Reserve chair, said Friday he is fine with continuing in his curre...

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Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts

Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts

A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. Tingshu Wang | Reuters The U.S. deficit with its g...

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China’s new plan to get consumers spending again

China’s new plan to get consumers spending again

BEIJING, CHINA – NOVEMBER 6: Women wearing Qing Dynasty-style costumes take photos inside the Forbidden City on November 6, 2025, in Beijing, China. Cheng Xin | Getty Images News ...

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Trump to announce Fed chair nominee Friday; Kevin Warsh may be the pick, according to reports

Trump to announce Fed chair nominee Friday; Kevin Warsh may be the pick, according to reports

U.S. President Donald Trump speaks in the Oval Office at the White House on Jan. 29, 2026 in Washington, DC. Samuel Corum | Getty Images President Donald Trump said Thursday that he will b...

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