Russia hikes rates to 13% in scramble to lower inflation and prop up the sagging ruble

Tech Insider
putin
Russian President Vladimir Putin takes part in a news conference after an EU-Russia Summit in Brussels January 28, 2014. Putin said on Tuesday it would honor its obligations to lend Ukraine $15 billion and reduce its gas prices even if the opposition formed the next government.

REUTERS/Yves Herman

China is likely headed for a full-blown financial crisis as its economy is due for wilder swings, market expert says

Tech Insider : Economy
Xi Jinping
China's President Xi Jinping looks on during a signing meeting with Maldives President Abdulla Yameen at the Great Hall of the People in Beijing, China December 7, 2017.

REUTERS/Fred Dufour/Pool

China may never become the world's biggest economy and has thrown out its old playbook, Mohamed El-Erian says

Tech Insider : Economy
Chinese President Xi Jinping.
Chinese President Xi Jinping.

Getty Images

Never mind deflation and the property crisis - a brain drain could be the next big threat to China's economy

Tech Insider : Economy, Economy
Shanghai
People walk along a busy street at Pudong financial district in Shanghai.

Reuters/Carlos Barria

The 2023 stock market rally is over as the Fed isn't easing anytime soon and a hard landing of the economy is inevitable, JPMorgan's chief stock strategist says

Tech Insider
Worried trader
The resilience of the US economy has only postponed the coming recession, JPMorgan's Dubravko Lakos-Bujas said.

AP/Richard Drew

The AI boom will wipe out jobs — and there's not really much we can do about it, Paul Krugman says

Tech Insider : Economy
Paul Krugman
Nobel Prize winner Paul Krugman said AI will wipe out some white-collar jobs — and it will be hard to design government programs to help.

Brendan McDermid/Reuters

China's economy is losing momentum, while Russia's recovery is accelerating, IMF says

Tech Insider : Economy
putin xi j
Russian President Vladimir Putin meets with China's President Xi Jinping at the Kremlin in Moscow, Russia, on March 21, 2023.

Sergei Karpukhin/Sputnik/AFP via Getty Images

The Hollywood strikes could cost the economy billions

Tech Insider : Economy
Writers on strike march with signs on the picket line on day four of the strike by the Writers Guild of America in front of Netflix in Hollywood, California on May 5, 2023.
Writers on strike march with signs on the picket line on day four of the strike by the Writers Guild of America in front of Netflix in Hollywood, California on May 5, 2023.

FREDERIC J. BROWN/AFP via Getty Images

China hints at bringing in a stimulus package to support its faltering economy

Tech Insider : Economy
Xi Jinping
China's politburo said late Monday that it would bring in a stimulus package to support the country's faltering economy.

Tingshu Wang/Reuters

China's economy is in trouble - and its youth unemployment crisis is at the heart of the problem

Tech Insider : Economy
China economy
A woman shops at a supermarket in Beijing, China, October 15, 2015.

REUTERS/Kim Kyung-Hoon

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