China producer prices turn negative in warning sign for global economy

China producer prices turn negative in warning sign for global economy

SINGAPORE – Prices charged by Chinese companies at the factory gate registered their first annual decline in nearly two years, another depressing signal for the global economy, as bulging inventories and cautious consumers in the West hit overseas demand for Chinese-made goods. Chinese producer prices fell 1.3% in October from a year earlier, the National … Read more

Disney shows the limits of streaming

Disney shows the limits of streaming

The streaming form may be wearing thin in the Magic Kingdom. Disney DIS -0.53% said Tuesday afternoon that it added 12.1 million net new subscribers to its flagship Disney+ streaming service during its fiscal fourth quarter. That was 36% more than analysts had expected, and this time Disney didn’t rely entirely on growth from regions … Read more

US, Taiwan start talks to deepen trade, economic ties

US, Taiwan start talks to deepen trade, economic ties

The United States and Taiwan began two days of face-to-face meetings in New York on Tuesday aimed at strengthening trade and economic ties at a time of heightened tensions between Washington and Beijing. Although the pact will not be concluded until at least next year, Taiwanese officials have said they hoped to deliver an “early … Read more

US, Taiwan start talks to deepen trade, economic ties

US, Taiwan start talks to deepen trade, economic ties

The United States and Taiwan began two days of face-to-face meetings in New York on Tuesday aimed at strengthening trade and economic ties at a time of heightened tensions between Washington and Beijing. Although the pact will not be concluded until at least next year, Taiwanese officials have said they hoped to deliver an “early … Read more

Moving in together doesn’t equate to the financial benefits of marriage, but why?

Moving in together doesn’t equate to the financial benefits of marriage, but why?

A walk down the aisle may be a path to greater wealth and prosperity for couples in the U.S. Married people have higher net worths and are more likely to be homeowners than their unmarried peers their age. The mystery, however, is why cohabiting but unmarried couples struggle to build wealth in the same way. … Read more

Government tax winners and losers

Government tax winners and losers

New Jersey State Capitol Building in Trenton Photo: Getty Images/iStockphoto If American states are laboratories of democracy, then too many have spent decades running the same tax-and-spend experiment expecting different results. The Tax Foundation last month released its 2023 State Business Tax Climate Index, which deserves wider coverage as evidence of which states are serious … Read more

Jared Polis, a Democrat for lower taxes

Jared Polis, a Democrat for lower taxes

Colorado Governor Jared Polis speaks at a press conference on November 1. Photo: David Zalubowski/Associated Press Denver On Tuesday, Colorado can re-elect its Democratic governor, keep the Legislature blue and cut the state’s income tax for the second time in three years through a citizen-led ballot initiative. At the annual Steamboat Institute Freedom Conference in … Read more

Why the Powerball Jackpot Jumped to a Record $1.9 Billion

Why the Powerball Jackpot Jumped to a Record $1.9 Billion

A lucky ticket in Monday night’s Powerball drawing could win a $1.9 billion jackpot, the largest lottery prize in American history. If no one picked the right numbers, the game would set another record: 40 consecutive draws without a winner. Big jackpots have become more common and harder to win in recent years. The Multi-State … Read more

Mexico threatens a trade war with the US and Canada

Mexico threatens a trade war with the US and Canada

Relations between the United States and Mexico are on the rocks again, but it is not because of a fast-talking American politician who insults the neighbors. (That was Donald Trump, in case you forgot.) The latest confrontation is a looming commercial conflict sparked by Mexican President Andrés Manuel López Obrador, aka AMLO. Last month, Mexico’s … Read more

Stock futures rise to start busy week with intermediate futures, inflation data

Stock futures rise to start busy week with intermediate futures, inflation data

Stock futures rose ahead of a crowded week of corporate earnings, inflation data and midterm elections that could see a shift to Republican control of one or both houses of Congress. Futures tied to the S&P 500 rose 0.5% on Monday, while futures tied to the Dow Jones Industrial Average rose 0.5%. Contracts linked to … Read more