FinFinGo > News > Economy
How the Fed Cutting Interest Rates Affects Banks, Stocks and More

How the Fed Cutting Interest Rates Affects Banks, Stocks and

For corporate America, this week’s expected interest rate cut carries risks along with rewards.For corporate America, this week’s expected interest
How SMIC, China’s Semiconductor Champion, Landed in the Heart of a Tech War

How SMIC, China’s Semiconductor Champion, Landed in the Heart of

Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom

As Federal Reserve Readies Interest Rate Cut, Risks to Job

The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a
Hollywood Movie Producers Find a Harder Time Making a Living

Hollywood Movie Producers Find a Harder Time Making a Living

Corporate consolidation and technology have upended many jobs in recent decades. But few arcs are more surprising than that of
Ending the Boeing Strike Won’t Be Easy. Here’s Why.

Ending the Boeing Strike Won’t Be Easy. Here’s Why.

The vehemence of workers over wages and other issues caught the company and union leaders off guard.The vehemence of workers
Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.

Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden

Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a
Boeing Workers Vote to Strike After Rejecting Contract Deal

Boeing Workers Vote to Strike After Rejecting Contract Deal

Thousands of workers who build commercial planes in the Seattle and Portland, Ore., areas voted down an accord recommended by
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong

Why Low Layoff Numbers Don’t Mean the Labor Market Is

Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.Past
Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired

Poverty Increased in 2023 as Prices Rose and Pandemic Aid

More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies
An American Sovereign Wealth Fund? Easier Said Than Done.

An American Sovereign Wealth Fund? Easier Said Than Done.

Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than
Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say

Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say

Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.Economists and analysts are
Harris Economic Plan Focuses on Prices, a Key Vulnerability

Harris Economic Plan Focuses on Prices, a Key Vulnerability

Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.Vice