Tag: #US Economy

What a stunning miscalculation says about American economy

Anthony Moretti August 29, 2024

What a stunning miscalculation says about American economy

A lightning bolt came from the US Bureau of Labor Statistics, which announced on August 21 that the total amount of new jobs created in the 12-month period from March 2023 had been overreported. The bureau stated that an estimated 818,000 announced new jobs in fact had not...More

GT Voice: US rate cut may ease concerns, but risks remain for economy

Wang Jiamei August 29, 2024

GT Voice: US rate cut may ease concerns, but risks remain for economy

The US may be on the brink of cutting interest rates, but the bigger challenges facing the US economy are only just beginning. The high-tech industry in the US has not fully shown its positive impact on the manufacturing sector, thereby constraining the overall growth potential of the...More

GT Voice: Rising economic risks in US will require greater vigilance from global investors

Left Review Online August 14, 2024

GT Voice: Rising economic risks in US will require greater vigilance from global investors

While economic indicators and recent turmoil in financial markets may not technically constitute clear signs of a recession, risks in the US economy and its financial markets are building up. These risk factors pose a threat to its own financial stability and that of the world from multiple...More

US weak hiring fuels market fears, prompting calls for increased vigilance

Ding Gang August 07, 2024

US weak hiring fuels market fears, prompting calls for increased vigilance

The ominous clouds looming over the US economy are growing darker, resulting in a significant drop in the stock market on Friday. Is there a storm on the horizon? US hiring slowed to 114,000 jobs in July, the US government said on Friday, missing expectations. The unemployment rate...More

When US cannot compete economically, it moves to military confrontation – Scott Ritter

Ma Ruiqian August 01, 2024

When US cannot compete economically, it moves to military confrontation – Scott Ritter

Editor's Note: With NATO's continuous expansion, it is evolving from a regional security alliance into a global organization. The alliance, which celebrated its 75th anniversary with a summit in Washington recently, has played a major role in exacerbating the Russia-Ukraine crisis. As the crisis has been in its...More

Is US a ‘financial zombie’ going bankrupt?

Wang Wen October 15, 2020

Is US a ‘financial zombie’ going bankrupt?

In an essay co-published by my colleagues and me in the latest edition of the renowned Chinese journal Contemporary International Relations, we revealed our findings that the US is becoming a "financial zombie." If we took the US as a company, it would be on the verge of...More

US faces risk of economic, political crisis

Wang Cong March 15, 2020

US faces risk of economic, political crisis

Persistent equity sell-offs in the US triggered by panic over the coronavirus outbreak has laid bare deep-seated problems in the US economy and the extremely polarized, volatile political climate in the country, and brought the world's largest economy to the edge of an economic and political crisis with...More