Articles By Moran Zhang

China

Dovish FOMC Minutes, US Trade Deficit, China Q2 GDP: Economic Events For July 9-13

This week’s focus will be the June Federal Open Market Committee minutes, U.S. trade deficit and China's Q2 GDP.

A sign is seen outside the JPMorgan office in Los Angeles

JPMorgan, Wells Fargo, Marriott: 6 Earnings Reports To Watch, July 9-13

Earnings season for the second quarter is almost here, with America's biggest aluminum producer, Alcoa Inc., announcing its results on Monday and JPMorgan Chase & Co. disclosing a portion of its total derivatives-trading losses on Friday the 13th.

Retail sales

US June 2012 Retail Sales Roundup: Macy’s, Target Among The Hardest Hit By Stagnant Economy

Consumers, spooked by months of sluggish hiring and a global slowdown, pulled back on spending in June, which took a toll on top U.S. retailers' sales.

Job seekers stand in line to speak with employers at a job fair in San Francisco

US Unemployment Rate Likely To Hold At 8.2% In June, With Little Job Growth Improvement

The U.S. labor market has lost a step since spring and the trend of lackluster job growth will likely continue into June.

Spain is the latest victim of the euro zone crisis. Fitch Ratings downgraded 18 Spanish banks on Tuesday.

Euro Zone Unemployment Hit Record High In May, PMI At 3-Year Low

Unemployment in the euro zone rose to a new record high in May, while manufacturing activities fell for the 11th consecutive month in June. The numbers increase the likelihood the European Central Bank will cut its key interest rate when its governing council meets Thursday.

Los Angeles Job Fair

June Nonfarm Payrolls, Auto And Same-Store Sales: Economic Events For July 2-6

While this week will be interrupted midway by the Fourth of July holiday, the barbecues and fireworks are unlikely to take away from the importance of Friday's June nonfarm payrolls report. Monday's ISM manufacturing index will also be in focus.

Storm

3 States Declare Emergency After Eastern US Storms Leave 9 Dead, 4 Million Without Power And Heat Wave Continues

A fierce line of thunderstorms and high winds that swept across the eastern U.S. have caused nine fatalities and have left millions without power -- and without air conditioning -- Saturday to deal with thermostat-popping temperatures. Three governors declared a state of emergency.

Health Care Prescription

How Will The Supreme Court’s Decision To Uphold Obamacare Affect Small Businesses And Job Creation?

The U.S. Supreme Court on Thursday handed down its historic ruling on the Patient Protection and Affordable Care Act, largely upholding the law. But many fear that the ruling will result in a reduction in hiring and may become a further drag on our already struggling economy.

Supreme Court Health Care Decision

Health Care Supreme Court Decision: Shares of Medicaid MCOs Soar

The Supreme Court health care decision confirming the constitutionality of the president's signature legislative achievement and expanding insurance to millions of low-income Americans under Medicaid will provide a large influx of new customers and notable revenue opportunity for Medicaid-focus...