In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global Continue Reading
Japan’s Economy Set to Crater by a Record in Awful Quarter
Japan’s pandemic-hit economy shrank last quarter by the most in records going back to 1955, official data is set to show Monday, with a resurgence of the virus threatening to Continue Reading
China consumption falls for seventh straight month
Consumption in China slumped in July for the seventh consecutive month, as a reluctance among households to spend on goods and services casts doubts over the country’s economic recovery. Retail Continue Reading
China’s economic recovery underwhelms as consumer comeback stays elusive
China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the factory Continue Reading
After 500 Years Trying to Tame Fatal Floods, China Tries a New Way
In Chongqing’s ramshackle neighborhood of Old Street, down by the Yangtze River, shopkeeper Liu cleans up the mess from last month’s floods. She lines up dozens of pairs of sodden, Continue Reading
China factory output flat, retail sales slip in July
China’s factory output rose just under 5% last month from a year earlier while retail sales fell slightly, suggesting the country’s recovery from the coronavirus pandemic remains muted. The data Continue Reading
Chevron Keeps Drilling for Oil as Its Rivals Embrace Renewables
Speaking to the Texas Oil & Gas Association in July, Chevron Corp. Chief Executive Officer Mike Wirth assured his audience that the global clamor for clean energy “doesn’t mean the end of Continue Reading
Michigan plans dedicated road lanes for autonomous vehicles
The state of Michigan and some private partners are taking steps toward building or assigning dedicated lanes for automated vehicles on a 40-mile (65-kilometer) stretch of highway between Detroit and Continue Reading
American considering cutting flights to many smaller cities
American Airlines is planning to drop flights to up to 30 smaller U.S. cities if a federal requirement to continue those flights expires at the end of next month, an Continue Reading
Weekly Unemployment Claims on Track for 21 Weeks Above 1 Million
More than 50 million Americans have filed for unemployment since the start of the pandemic, overwhelming some states. WSJ visits an unemployment processing event in Ardmore, Okla., to hear from Continue Reading