Economy

LONDON (AP) — It’s not just the economy. While inflation and recession fearsweigh heavily on the minds of voters, another issue is popping up in political campaigns from the U.K. and Australia to the U.S. and beyond: the “China…

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A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022.Andrew Kelly | ReutersHere are the most important news items that investors need to start their trading day:1. Stocks look for momentumU.S.…

But in reality, only workers in two industries -- leisure and hospitality and retail trade -- are actually coming out ahead, once inflation is taken into account.Overall, wages and salaries for private industry workers rose by 4.2%…

Americans' borrowing grew by 10.5% in June, compared to 6.3% in May, according to the Fed's G.19 consumer credit report. Revolving debt — roughly a proxy for outstanding credit card balances — rose by 16% after an 7.8% increase in…

A person removes the nozel from a pump at a gas station on July 29, 2022 in Arlington, Virginia.Olivier Douliery | AFP | Getty ImagesYou'd be hard-pressed now to find a recession in the rearview mirror. What's down the road, though, is…