As China Piles on Debt, Consumers Seek a Piece of the Action

By KEITH BRADSHER and AILIN TANG September 25, 2017 QIQIHAR, China — Over the past eight years, to the world’s growing alarm, China’s big state-owned companies and powerful local governments have borrowed trillions of dollars to...

Preparing for ‘Brexit,’ Britons Face Economic Pinch at Home

By PETER S. GOODMAN June 11, 2017 LONDON — Right about now, Eddie Stamton, a construction worker, would normally be making preparations to jet off to a sandy stretch of the Mediterranean for a summer holiday. Not this year. In the year since...

Despite Weak Inflation, Fed Is Likely to Raise Interest Rates in June

By BINYAMIN APPELBAUM May 30, 2017 WASHINGTON — A speech by a Federal Reserve governor Tuesday underscored a basic shift in Fed policy: The central bank now needs to be convinced that quarterly rate increases are a bad idea. After years in which any...