China’s economy expanded five percent in 2025, Beijing said Monday, one of its slowest rates of growth in decades as it struggles with persistently low consumer spending and a debt crisis in its property sector. Leaders set a growth target of “around five percent” for last year, following a five percent rise in 2024. (Unsplash/Representational…
The US Supreme Court is poised in the weeks ahead to decide the legality of the majority of President Trump’s tariffs. The president invoked the International Emergency Economic Powers Act (IEEPA) to levy blanket tariffs on goods from other countries. But Congress is the branch of the US government with oversight of taxation and spending…
(Reuters) -China’s JD.com (JD) topped market estimates for quarterly revenue on Thursday, as the e-commerce giant benefited from steady consumer spending on its platform thanks to government subsidies and lower prices. U.S.-listed shares of the company rose nearly 5% in premarket trading. Chinese retail majors including JD.com and Alibaba are using heavy discounts and price…
The Gen Z Fashion Trend That’s Baffling Apparel Retailers getty It’s time to stop talking about Gen Zers as lazy, spoiled, screen-obsessed snowflakes. First, they aren’t kids anymore. Second, there are a lot of them—estimated to be about 25% of the global population. And third, they have become discerning consumers who now have money to…
With AI having its big moment in the spotlight these days, you may be wondering how you can use it to optimize your financial life. We took a look at personal finance apps that use AI to serve different purposes — and found the best to help you invest, budget, manage subscriptions and even save…