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Hong Kong's retail sector faces challenges as sales decline for nine consecutive months, with a 7.3% drop in November amid changing consumer patterns.
China announces wage hikes for government workers to boost spending and support the slowing economy, impacting millions nationwide.
Hainan's duty-free spending dropped 29% in 2024, impacting luxury brands and posing challenges for China's tourism recovery.
Governor Michelle Lujan Grisham of New Mexico seeks resignations from Western New Mexico University's regents over financial oversight failures.
Former GOP Rep. Mike Gallagher emphasizes the need for Congress reform in the push for government spending cuts led by DOGE.
Financial firm Jefferies recommends a 10-12% increase in capital expenditure in the upcoming budget to support infrastructure and maintain economic momentum.
Sen. Ron Johnson seeks to significantly reduce government spending, advocating for adjustments to pre-pandemic levels amid concerns over inflation.
Ongoing discussions about the U.S. debt limit reveal a larger issue of fiscal mismanagement and impending economic challenges.
Cuts to the IRS budget threaten economic fairness and efficiency by exacerbating tax evasion in the U.S. economy.
The reinstated US debt ceiling poses significant challenges for Republicans as Trump demands swift action ahead of his inauguration.
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