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International

China vs. US Dollar: Examining Beijing’s Dominance Strategy

China vs. US Dollar: Examining Beijing’s Dominance Strategy

China is taking advantage of a period marked by global instability to advance its long-held goal of giving its currency a broader international presence, as market turmoil, a softer US dollar, and shifting political landscapes have created what Beijing views as exceptionally ripe...

Economy

December’s Retail Sales: No Growth, Unexpectedly

December’s Retail Sales: No Growth, Unexpectedly

December is typically regarded as a peak month for US retail, driven by holiday spending and end‑of‑year deals, yet consumer outlays unexpectedly flattened, providing a more restrained view of household activity and prompting fresh doubts about economic traction as the new year a...