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Economy & Finance

Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.

HIGH confidence neutral tone

Coverage (10770 articles)

Associated Press · Jul 20, 2026

EU Fines AliExpress Record €550M for Unsafe, Counterfeit Goods

The European Union imposed a record 550 million-euro fine on AliExpress for failing to prevent the sale of unsafe and counterfeit products on its platform, marking a major enforcement action against e-commerce marketplaces.

BBC News · Jul 20, 2026

Food delivery rider wins China's prestigious Lu Xun Literary Prize

Wang Jibing, a 56-year-old food delivery rider, won China's top Lu Xun Literary Prize for his poetry collection about gig economy workers' struggles, joining a growing movement of blue-collar Chinese workers gaining literary recognition.

Focus Taiwan · Jul 20, 2026

U.S. Dollar Surges Past NT$32.4 as Foreign Funds Flee Taiwan Market

The U.S. dollar strengthened against the Taiwan dollar Monday as foreign institutional investors continued liquidating positions following Friday's record stock market decline, with the Taiex dropping 6.47% amid semiconductor sector selloffs.

Ambito · Jul 20, 2026

Wall Street sufre por la IA más que por la guerra en Irán

Wall Street sufrió una semana negativa impulsada principalmente por preocupaciones sobre el gasto en inteligencia artificial y competencia china, mientras que la escalada en Irán elevó los precios del crudo.

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