China's manufacturing activity shrank for the fifth consecutive month, signaling uncertainty in the trade deal with the U.S. and sluggish domestic demand. Economists warn of challenges to Beijing's growth targets.
Spirit Airlines is sounding alarms about its financial health, warning of going-concern doubts just months after emerging from bankruptcy. With weak domestic demand and operational uncertainties, the airline is making drastic cuts, including pilot furloughs, to conserve cash.
China's producer deflation hits its worst level in nearly two years, with consumer prices also declining. The economy struggles amid trade tensions and weak domestic demand, raising expectations for policy stimulus.
China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.
China experiences consumer deflation for the third consecutive month, impacted by US tariffs and sagging domestic demand. What does this mean for the global economy?
In a dramatic escalation of trade tensions, Trump raises tariffs on China to 125%, igniting a fierce retaliation. As both economies brace for impact, the stakes have never been higher!
