Wharton business school professor Jeremy Siegel said the stock sell-off on Wall Street was “healthy,” as the Federal Reserve’s cautionary projection gives investors a “reality check.”

The North American market remains strong in a sign of continued demand from the U.S. consumer, according to Maersk.

Cash use in the shops rose for a second year in a row after a decade of falls, according to retailers.

China’s industrial profits dropped by 10% in October from a year ago, in another sign that Beijing’s stimulus measures have yet to reverse a slump in corporate earnings.

Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds.

The Panama Canal Authority reported a 29% drop in vessel transits during fiscal year 2024, with LNG and dry bulk shipments taking the biggest hit.

Trump’s approach to China could quickly shift away from diplomacy seen in the latter stages of the Biden administration, when the Treasury and Commerce departments managed economic discussions through working groups focused on macroeconomic stability and regulatory cooperation.

America’s consumer price index, a key inflation gauge, was up 2.4% in September compared with the same period in 2023, according to the U.S. Bureau of Labor Statistics.

Shares of carmaker Hyundai’s Indian subsidiary started trading this week with much anticipation, only to drop by some 7% on its debut.

The Washington, D.C.-based organization highlighted that China’s property sector contracting by more than expected is one of many downside risks for the global economic outlook.