The Congressional debate over the One Big Beautiful Bill has demonstrated lawmakers' reticence to tackle rising deficits. The U.K. experience shows lawmakers who do want to tackle rising deficits do ...

Companies eliminated 33,000 jobs last month, the payroll processor said, marking the first decline since March 2023. Economists surveyed by the Wall Street Journal had forecast 100,000 new jobs.

A legendary investor known for contrarian bets says the best against-the-grain trade available at the moment would be to buy Chinese stocks.

Bank of China has stable funding. The company's deposits represent nearly 77% of total liabilities, about 40% of which are kept as low-cost demand deposits. Both ratios remained relatively steady over ...