America’s Mortgage King Also Wants an NBA Crown—Right Now
Listen to article(1 minute)When the Phoenix Suns played the Detroit Pistons early this month, Mat Ishbia’s fingerprints were everywhere.He bought...
economic performance
Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
Why Central Bankers Are Unsure Whether They’ve Raised Rates Enough
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation....
How Hard Should the Fed Squeeze to Reach 2% Inflation?
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,...
Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link
Some Fed Officials Are Turning Cautious about Raising Rates Too High
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
What Top Executives Are Saying About a Soft Landing
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U.S. and China Poised to Drift Further Apart After Investment Ban
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What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
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Chinese Exports Fall at Steepest Pace Since February 2020
Slide in outbound shipments reflects China’s fraying trade ties with the Western world, even as exports to Russia boom. Source...
The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made...
Hiring Has Stayed Strong. Here’s Where to Look for Signs of Cooling.
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Bank of England Raises Key Interest Rate by Quarter Percentage Point
The central bank increased its key rate for the 14th time in a row and said it may do so...
Workers to Employers: We’re Just Not That Into You
In the postpandemic economy, we are living more and working less. Source link
While Everyone Else Fights Inflation, China’s Deflation Fears Deepen
Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling...
Why the Drivers of Lower Inflation Matter
Competing effects of central banks, healing supply chains affect recession odds. Source link
Inflation and Wage Growth Ease as Fed Considers Next Move
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U.S. Economic Growth Accelerates, Defying Slowdown Expectations
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
Could a Recession Still Be Years Away? Steady Growth, Moderating Inflation Improve Odds of Extended Expansion
If the Federal Reserve achieves a soft landing, history suggests the economy could keep growing four or five more years....
