Tag: Rates

In China, Marriage Rates Are Down and ‘Bride Prices’ Are Up

The 30 women sat in wooden chairs, facing each other in a rectangular formation. At the front of the room was the ruling Communist Party’s hammer and sickle logo, with a sign declaring the meeting’s purpose: “Symposium of unmarried young women of the right age.” Officials in Daijiapu, a town in southeast China, had gathered […]

Your Thursday Briefing: U.S. Raises Interest Rates

The Fed raises rates amid turmoil The U.S. Federal Reserve raised interest rates by a quarter-point as officials tried to balance the risk of runaway inflation with the threat of turmoil in the banking system. The decision was one of the most closely watched in years, and the conflicting forces had left investors and economists guessing […]

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