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Can China’s stimulus blitz fix its flagging economy?

Sambit Bhattacharyya, University of Sussex Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The move, which came a week before the 75th anniversary of communist party rule, was made in response to concerns that China could miss its

What President Trump’s positive COVID test could mean for the markets

President Trump’s shocking positive test result for COVID-19 could impact the U.S. stock market in the weeks ahead if the president’s condition worsens or if it influences the November elections. The market impact on Friday, however, was surprisingly muted: The S&P 500 index closed the day down by 1 percent, while the Dow