The Shanghai Stock Exchange, where price declines have rocked global capital markets in the past several weeks, will reopen on Monday following holidays in China to mark the end of World War II.
The big picture from the Beige Book, a collection of anecdotes on the economy produced by the Federal Reserve, is a familiar one: the U.S.
WASHINGTON—China's slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world's largest economies, the International Monetary Fund warned Wednesday.
Belinda Luscombe, an editor-at-large of TIME, writes about the science, economy and insanity of relationships—those conducted at home, work or in cyberspace.
Reports from the 12 districts that make up the U.S. Federal Reserve System indicated that "economic activity continued expanding" between July and mid-August, although some districts said they had felt the effects of the Chinese slowdown.