Economic News
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China's June exports surge 27% from a year earlier as AI boom drives strong demand
China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence
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China’s customs agency says its exports jumped in June on strong AI-related shipments, surging 27% from a year earlier
China’s customs agency says its exports jumped in June on strong AI-related shipments, surging 27% from a year earlier
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Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks
Hundreds of economists urge immediate action to address AI's potential impact on the economy
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Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
Oil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets
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Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
American consumers — and the Federal Reserve — are being hit with another high-cost headache
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Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
Volkswagen’s CEO has indicated that he’s trying to avoid closing plants as he seeks to turn around the automaker’s performance
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America In Focus: Fed officials divided on US inflation views; US home prices hit all-time high
The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday
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China blocks exports of helium, key for chipmaking, as Iran war squeezes supply
China is temporarily blocking helium exports, a key element for chipmaking, as the Iran war's escalation disrupts global supply
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Volkswagen sales plunge as German automaker lays out plan to slash number of brands
Volkswagen has reported weak sales numbers, with a significant drop in China
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A shoe factory fire that killed 28 highlights China's persisting worker safety risks
Authorities are investigating a blaze at a shoe factory in southeastern China's Fujian province that killed 28 people, raising renewed concern over worker safety
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