Global Economy

Luxury companies’ China concerns

As the Chinese stock market pulls back and the economy slows, Chinese consumers are spending a lot less.

Is China impacting the Fed?

Tyler Mathisen explains what China’s slowdown and extreme market volatility could mean for the Federal Reserve.

Xiao Lu Chu | Getty Images
A worker repairs steam locomotive parts in Fuxin coal mine locomotive repair plant in Fuxin, China.

China: call it the good, bad and ugly for earnings. The world’s second-largest economy has become a big topic for investors as a deluge of U.S. companies report second-quarter results that have taken a hit from China’s slowdown. From software companies to drugmakers to fast food chains, economic weakness in China is denting multinational companies—and …

Why Caterpillar matters

Dominic Chu explains why Caterpillar’s earnings provide a read on the global economy.

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A broad selloff in commodities and dollar strength point to disinflationary pressures on the horizon that weaken the argument for a near-term rise in U.S. interest rates, according to some analysts. This week has seen gold prices tumble to five-year lows and U.S. oil prices dip below $50 a barrel for the first time since …

Cuban embassy reopens in DC

It was a historic day in the relations between the U.S. and Cuba, but as Michelle Caruso-Cabrera reports there’s still a long road ahead for normalization.

Yannis Behrakis | Reuters
Greeks wait to withdraw money from an ATM in Athens, July 11, 2015.

As Greece lurches from one crisis deadline to another to try to save its beleaguered economy and banking system, cash continues to flee the country. European leaders in Brussels reportedly reached a third bailout deal for Greece on Monday morning, after more than 17 hours of talks on the thorny subject of reforms and more …

Saul Loeb | AFP | Getty Images
IMF Managing Director Christine Lagarde

The International Monetary Fund said Thursday it has trimmed down its expected global growth for 2015 to 3.3 percent, citing weaker-than-expected economic activity in North America during the first quarter. (Tweet This) In April, the organization said its global growth projection for this year was at 3.5 percent. Other factors contributing to the IMF’s downward …

China stock market turmoil

Investors around the globe are focused on the emergency measures China is taking to stabilize its stock market.

Bastian Parschau | Getty Images
Workers during olive harvest one step before oil mill in Heraklion, Greece.

Greek’s agriculture sector was already facing a challenging 2015 before the economic turmoil this week, but now there’s fear the uncertainty could disrupt the food and wine trade. “There’s a lot of speculation and even more tension,” said George Frangistas, president of Incofruit-Hellas, the trade association of Greek export enterprises for fruits, vegetables and juice. …

Puerto Rico debt crisis

Puerto Rico has paid back nearly $2 billion of debt, but there’s still a lot of uncertainty about what may happen next.

Puerto Rico on the brink

Kate Kelly tells us what options Puerto Rico might have, as the country unable to pay off most of its debt.

Puerto Rico’s debt concerns

Investors who own municipal bond funds are paying close attention to Puerto Rico as the country faces an historic default

Investing craze in rural China

Stock investing within China has become more popular, even in rural farm towns.

G7 conference concludes

Jack Lew issues a warning to Greece and its creditors to get a deal done.