Politics/International Relations

Why Alibaba and other Chinese tech stocks are an exception to Goldman Sachs' outlook

Why Alibaba and other Chinese tech stocks are an exception to Goldman Sachs’ outlook

Text size Alibaba and other Chinese tech stocks have been battered since early last year. Qilai Shen/Bloomberg Chinese tech stocks have been battered since many hit all-time highs in early 2021, and the situation hasn’t improved much in 2022. That may be a compelling reason to at least take a fresh look at this sector. …

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FTC issues warning to Uber, Lyft, DoorDash and other 'working in concert' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘working in concert’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, who the agency says are entitled to protection regardless of classification. The commission adopted a policy statement that details issues construction workers face — including misleading claims about their wages and hours, unfair contract terms and more …

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Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is bracing for a fresh batch of data, including retail sales, on Thursday with a deeper and deeper inversion in the yield curve between bonds at 2 and 10 years giving increasingly gloomy economic signals. There is good news, however, as a disastrous rail strike …

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The Chinese economy needs more stimulation.  Beijing's room for maneuver is limited.

The Chinese economy needs more stimulation. Beijing’s room for maneuver is limited.

Text size People’s Liberation Army soldiers outside the People’s Bank of China in Beijing. Andrea Verdelli/Bloomberg About the Author: Alicia Garcia Herrero is a senior fellow at the European think tank Bruegel and chief economist for Asia-Pacific at Natixis. She is a Nonresident Senior Fellow at the National University of Singapore’s East Asia Institute and …

The Chinese economy needs more stimulation. Beijing’s room for maneuver is limited. Read More »