China Eases Overall Monetary Policy Stance for First Time in 14 Years

Faced with a faltering economy and falling prices, the Politburo loosened the policy approach of China’s central bank and called for “extraordinary” measures.China’s ruling Politburo loosened the country’s overall monetary policy on Monday for the first time in 14 years, the…

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Three-Quarters of Earth’s Land Got Drier in Recent Decades, U.N. Says

Human-caused global warming helped increase dry conditions on every continent, scientists said in a new report, as talks on halting desertification were underway in Saudi Arabia.From the American West to eastern China, more than three-quarters of Earth’s land became persistently drier…

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Britain’s Flawed Jobs Reports Leave Economists ‘Second-Guessing’

Officials are grappling with an incomplete picture of Britain’s labor market as the national statistics agency strains to improve data quality.An essential ingredient in economic policymaking, from interest rates to government spending, is reliable data. But government officials, economists and other…

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Elon Musk and the Tech Billionaires Steering Trump’s Transition Team

The involvement of wealthy investors has made this presidential transition one of the most potentially conflict-ridden in modern history.The week after the November election, President-elect Donald J. Trump gathered his top advisers in the tearoom at his Florida resort, Mar-a-Lago, to…

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