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China's economy is flailing. Here's how its problems could spill into global markets.

Sat, 08/19/2023 - 08:15

Tech Insider : Economy

China's economy is flailing, and its troubles could spill over into the rest of the world — China's economy is flailing, and experts warn that its troubles could weigh on global growth and business.
Lintao Zhang / Getty Staff

economy, Markets, mi-exclusive, China, china-economy, president-xi-jinping, Biden

A US debt default could spark mass unemployment, payment failures, and catastrophe that would raise interest rates 'into perpetuity,' Treasury Secretary Janet Yellen warns

Tue, 04/25/2023 - 13:41

Treasury Sec. Janet Yellen — U.S. Treasury Secretary Janet Yellen speaks during a news conference at the IMF and World Bank Annual Meetings at IMF headquarters, October 14, 2022 in Washington, DC.
Drew Angerer/Getty Images

Markets, MI Exclusive, US debt ceiling, US debt limit, debt default, Debt Deal, Default Risk

It's crystal clear now: More banks are going to fail

Mon, 03/13/2023 - 14:33

nyse svb first republic trading floor — Timothy A. Clary/AFP via Getty Images

Markets, MI Exclusive, Silicon Valley Bank, Silicon Valley Bank collapse, SVB, Bank stocks, Charles Schwab

A US debt default or even a near-nonpayment could plunge the economy into recession, top Goldman Sachs economist says

Thu, 01/26/2023 - 06:53

The US Capitol is seen in Washington, DC — The US has hit the $31.4 trillion borrowing limit.
(Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

Markets, MI Exclusive, Goldman Sachs, debt default, US Debt, Yellen, David Solomon

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