China's economy soars despite Iran war
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A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
China’s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited spillovers so far from the war in Iran but revealing few signs of turnaround in weak consumer spending.
The Chinese travel and tourism economy grew 9.9% last year, more than twice the global rate and much faster than the 0.9% pace registered by the US, according to new data by World Travel & Tourism, a trade group, and lead research partner Chase Travel.
China's export growth slowed in March as manufacturers grappled with surging energy costs, with the Iran war disrupting supplies, while imports jumped more than expected.
Panelists Joe Concha and Caroline Downey discuss the middle-class impact of President Donald Trump’s tax cuts on ‘Kudlow.’
President Trump said the war with Iran is "very close to over" and has indicated a new round of negotiations could happen soon between the two countries. Bradley Blackburn reports.
President Trump went on a media tear on Friday, granting interviews and unleashing a flurry of social media posts that framed peace talks with Iran as all but complete. After an a
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US issues stark warning to Iran amid diplomatic efforts
US Military Readiness Amid Diplomatic Talks The United States has delivered a strong caution to Iran, with Defence Secretary Pete Hegseth indicating that military action could be reinstated if Tehran abandons current diplomatic negotiations.