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World Economy Latest: US Inflation Test Confronts the Fed

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World Economy Latest: US Inflation Test Confronts the Fed

I’m Chris Anstey, a senior economics editor in Boston and today we’re looking at the upcoming US inflation report. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Somewhat … Read more

China Property: Country Garden Is Where a Default Would Make Sense

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China Property: Country Garden Is Where a Default Would Make Sense

Default is a taboo most companies are keen to avoid. But sometimes, business operations demand it. Even the bond investors don’t mind. Country Garden Holdings Co., once China’s biggest real-estate developer by sales, is walking a tightrope. A scrapped share placement last week fueled concerns whether the company has enough money to repay its dollar … Read more