China’s economic growth declines to 7.5%

The world’s second-largest economy expanded 7.5 percent over a year earlier in the three months ending in June…

US gov’t records $116.5 billion surplus in June

The federal government reported a rare surplus of $116.5 billion in June, the largest in five years…

Rate on 30-year mortgage hits 2-year high

The average U.S. rate on the 30-year fixed mortgage rose this week to 4.51 percent, a two-year high…

China’s June trade falls in new sign the economy may be fading

Exports fell by 3.1 percent compared with a year earlier, and imports contracted by 0.7 percent…

Chinese buyers heat up US housing market

Buyers from China are the leading foreign investment in the US housing market, among them, 70% are all-cash buyers…

China’s June inflation rises to 2.7 percent

China’s inflation rose in June but was well below the government’s target in a sign of weak demand amid an economic slowdown…

US economy adds 195K jobs; unemployment 7.6 pct.

U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought…

Americans plan to spend more for Fourth of July weekend

Americans plan to spend more for Fourth of July weekend…

30-year mortgage rate at 2-year high: 4.46 %

Average U.S. rates on fixed mortgages surged this week to their highest levels two years, and the rate on the 30-year loan…

China Silicon Valley launches to aim at economic development and job creation

China Silicon Valley, a non-profit organization, launches to aim to foster investments from China and create jobs in the region…