Governments World-Wide Gorge on Record Debt, Testing New Limits
The pandemic has pushed global government debt to the highest level since World War II, surpassing the world’s annual economic...
Economic News
EU to Put on Hold Digital Levy Following G-20 Minimum Tax Plans
BRUSSELS—The European Union is putting on hold a proposed digital levy, an EU spokesman said Monday, after finance chiefs from...
Economy Week Ahead: U.S. Consumers, Fed Testimony, China GDP
Inflation is the focus this week with a U.S. report on consumer prices and Federal Reserve Chairman Jerome Powell’s testimony...
China Inflation Cools but Beijing Worries Economy Is Losing Heat
HONG KONG—After a yearlong run-up that pushed producer inflation to the highest level in more than a decade, China’s factory-gate...
U.S. Jobless Claims Edged Up to 373,000 Last Week
Jobless claims held nearly steady last week, interrupting a downward trend and showing the labor market’s recovery remains uneven, at...
Fed Officials See Earlier End for Bond Buying, Emphasize Patience
Federal Reserve officials suggested that they might need to pull back their support for the economy sooner than they had...
Didi’s China Probe Adds to Business Challenges at Home and Abroad
SINGAPORE—China’s regulatory action against Didi Global Inc. threatens to impinge on the Chinese ride-hailing behemoth’s growth as it faces increasing...
Economy Week Ahead: Services, Job Openings, Claims
Wednesday brings a gauge of how tight the labor market is. Tuesday Services activity in the U.S. has been accelerating...
