economy

Some residents of the Chinese capital told AFP they expected only a moderate impact on their country's economy if the trade war with Washington escalates again.

"It's going to drag down the rest of the economy."

But what is especially striking is the contrast between the current economy and that of the 1990s—a contrast most evident in the divergent performance of gold, which soured back then and is soaring now.

AI has now gone from a cool toy to a prime mover of both the economy and the stock market.

That fight came to a head in April, when fears of a sudden stop to the global economy caused the Treasury market to seize up.