China delays the release of GDP and other economic data without explanation amid Party Congress | CNN Business

China delays the release of GDP and other economic data without explanation amid Party Congress | CNN Business

Hong Kong CNN Business  —  China has abruptly delayed the publication of key economic data, one day before its scheduled release, as the ruling Communist Party gathers at a major political meeting against the backdrop of a faltering economy. The country’s National Bureau of Statistics updated its schedule on Monday, with the dates for a … Read more

The econ Nobel offers a timely warning about central banks’ power | CNN Business

The econ Nobel offers a timely warning about central banks’ power | CNN Business

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  The Nobel in economics is sort of the step-cousin of the Nobel family. It came about nearly 70 years after its literature and sciences counterparts, in 1969, and is technically … Read more

Opinion: The Fed doesn’t have a choice anymore. Get ready for a recession | CNN Business

Opinion: The Fed doesn’t have a choice anymore. Get ready for a recession | CNN Business

Editor’s Note: Gad Levanon is the chief economist at the Burning Glass Institute. He’s the former head of The Conference Board’s Labor Market Institute. The opinions expressed in this commentary are his own. To many economists and analysts, the US economy has represented a paradox this year. On the one hand, GDP growth has slowed … Read more

Why the ghost of 2008 still haunts us in 2022 | CNN Business

Why the ghost of 2008 still haunts us in 2022 | CNN Business

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  All week, there have events in the news that have come in under of the banner of “this hasn’t happened since 2007/2008.” Yields on the 10-year Treasury briefly surpassed 4%, … Read more

The UK is gripped by an economic crisis of its own making | CNN Business

The UK is gripped by an economic crisis of its own making | CNN Business

London CNN Business  —  A week ago, the Bank of England took a stab in the dark. It raised interest rates by a relatively modest half a percentage point to tackle inflation. It couldn’t know the scale of the storm that was about to break. Less than 24 hours later, the government of new UK … Read more

Boris Johnson is handing his successor an economic ‘catastrophe’ | CNN Business

Boris Johnson is handing his successor an economic ‘catastrophe’ | CNN Business

London CNN Business  —  Across the United Kingdom, businesses and households are warning that they won’t make it through the winter without help from the government. That sets up enormous challenges for the incoming prime minister, who will be announced this week. For months, the United Kingdom has endured a leadership vacuum while the country … Read more