Stimulus Firepower or Economic Red Flag?

Stimulus Firepower or Economic Red Flag?

China’s credit engine just kicked into high gearbut it’s not the full story. Total social financing hit 4.2 trillion yuan ($585.7 billion) in June, coming in well above economists’ expectations. Banks extended 2.2 trillion yuan in new loans, thanks to a seasonal lending push and a wave of government bond issuance. The People’s Bank of…

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Democratic states sue Trump administration over $6 billion in frozen education funds

Democratic states sue Trump administration over $6 billion in frozen education funds

Democratic officials from 24 states and the District of Columbia sued the Trump administration on Monday seeking to restore access to billions of dollars in frozen education funding. The states lost out on funding for after-school and summer programs, teacher training, English language learners and support for the children of migrant farmworkers, among and other…

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China aims to strengthen strategic cooperation with UK

China aims to strengthen strategic cooperation with UK

China aims to strengthen strategic communication and broaden strategic cooperation with the UK, stated Foreign Minister Wang Yi during his meeting with Jonathan Powell, national security adviser to British Prime Minister Keir Starmer, in Beijing on Monday. According to a statement from the Chinese Foreign Ministry, Wang said relations between China and the UK “have…

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7/14: Face the Nation - CBS News

7/14: Face the Nation – CBS News

7/14: Face the Nation – CBS News Watch CBS News This week on “Face the Nation,” a gunman opened fire at former President Donald Trump’s rally on Saturday, sending a bullet grazing the former president’s ear and killing a bystander. Scott MacFarlane, who was at the rally, reports on the chaotic scene, while Nicole Sganga…

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