U.S. Retail Sales Rose in June
U.S. shoppers boosted retail spending in June as the economy more broadly reopened and auto dealers navigated supply disruptions. Retail...
economic performance
Fed’s Powell Concedes Anxiety About Higher Inflation but Resists Policy Shift
Federal Reserve Chairman Jerome Powell said recent inflation was uncomfortably above the levels the central bank seeks, concluding two days...
Powell Says Fed Still Expects Inflation to Ease
Federal Reserve Chairman Jerome Powell said the central bank wouldn’t hesitate to raise interest rates to keep inflation under control...
Inflation Accelerates Again in June as Economic Recovery Continues
U.S. consumer prices continued to climb swiftly in June, as the economic recovery gained steam and demand outpaced the supply...
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...
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...
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...
