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"What we are saying is there is a recovery but it's going to be gradual," said Christine Peng, head of Greater China consumer sector at UBS. "Nowadays the consumption growth is still way below the pre-Covid level."UBS expects consumption…

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inboxGet our free Inside Washington emailDonald Trump is on the defence after his third criminal indictment was handed to him this past…

Bitcoin and other cryptocurrencies fell on Friday, following stocks lower amid rising expectations of interest-rate hikes from the Federal Reserve. A cool U.S. jobs report did little to change the…

What Richard Hofstadter called the paranoid style in American politics is no longer a fringe phenomenon: Bizarre conspiracy theories are now mainstream on the American right. And one manifestation of this paranoia is the persistent…

After Newsmax’s Eric Bolling spoke with Rep. Jeff Van Drew about DirecTV dropping the conservative network, he challenged Fox News over not speaking out on the subject. DirecTV cut Newsmax from the line-up earlier in the week,…

You may have forgotten by now, but there was a brief moment during the pandemic when hopes were raised for a new “roaring 20s”. The Yale sociology professor Nicholas Christakis predicted that as in the 1920s, after the 1918 Spanish flu,…

Did Dr. Pangloss earn his Ph.D. in economics? It would seem so.In Voltaire’s Candide, Dr. Pangloss declared it to be the best of all possible worlds, notwithstanding the evidence around him. And, to be sure, things are getting better,…

Billionaire investor Leon Cooperman doesn't think the bull market will come anytime soon and sees only a 5% chance of the S&P 500 rising above 4,400.“What I said in the last program,” the chairman and founder of family office Omega…

New York CNN  —  A popular misconception has emerged about Elon Musk and Tesla: The megabillionaire’s love affair with Twitter is the main reason Tesla shares have lost so…

November's inflation data confirmed what many economists had been expecting: Price increases probably have peaked, providing relief in sight from the highest cost of living surge in more than 40 years. That's the upside of the latest…