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China’s Weakening Currency Becoming a Headache for Central Bank

July 5, 2023 / no comments

The onshore yuan has lost around 4.8% of its value since the start of the year, leading the People’s Bank of China to try to strengthen it.

China’s Brain Drain Threatens Its Future

July 5, 2023 / no comments

Chinese citizens, including many of the wealthy, are increasingly eyeing the exits in a new era of slower growth, high youth unemployment and rising populism.

Some Hospitals That Spent Big on Nurses Are Now Short on Cash

July 5, 2023 / no comments

Institutions are closing unprofitable services and selling assets to avoid default on debts after a push to raise wages during the pandemic.

The Fed and Investors Could All Be Wrong on Rates

July 5, 2023 / no comments

The right level for interest rates will eventually be much lower, according to financial markets and Federal Reserve policy makers, but that is no certain thing.

Binance.US Crypto Market Share Plummets

July 5, 2023 / no comments

Regulatory action against the crypto exchange has spurred an exodus of traders.

How Inflation and Interest Rates Vary Around the World

July 5, 2023 / no comments

Prices are still rising too fast for comfort in many major economies, and policymakers across the globe are trying to wrestle them under control.

How Financial Trauma Affects Your Relationship With Money

July 5, 2023 / no comments

Experiences like economic hardship or medical expenses can distort people’s feelings and behaviors around money, causing them to sabotage their financial futures.

How China Came to Dominate the World’s Largest Nickel Source for Electric Cars

July 5, 2023 / no comments

Across Indonesia, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were none.

Is This All-You-Can-Fly Deal Ridiculous, or Ridiculously Great?

July 5, 2023 / no comments

Buying a pass on Frontier can work for ultra-flexible fliers willing to do the legwork to ensure a seat somewhere, anywhere.

Judge Orders Biden Officials to Limit Contact With Social-Media Companies

July 4, 2023 / no comments

The ruling says the Biden administration’s policing of social media likely violated the First Amendment.

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