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Year: 2024

China’s top leaders vow to support consumers and improve confidence in its slowing economy

AP Business Writer BANGKOK (AP) — China’s powerful Politburo has endorsed the ruling Communist Party’s strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.” A statement issued Tuesday after the meeting of the 24 highest leaders of the party warned that coming months

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Europe’s growth lags US again, as Germany remains the eurozone’s economic problem child

AP Business Writer FRANKFURT, Germany (AP) — Europe’s economy enjoyed only modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap. Germany, the leading European economy, remained in the dumps while hesitant consumers saved more rather than spending on new houses or cars. Gross domestic product, the

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It’s not just ‘cat ladies’: JD Vance has a history of disparaging people without kids

CNN By Andrew Kaczynski and Em Steck, CNN (CNN) — Republican vice presidential nominee Sen. JD Vance has a history of making disparaging remarks toward people without children, a CNN KFile review of his comments shows, including fundraising off his now-infamous “childless cat lady” remarks in a series of emails that called Democratic leaders “childless

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