Covid-19 Taught Americans How to Let Go of Their Steady Paychecks
During the Covid-19 pandemic, millions of Americans quit their jobs. Some retired early. Many also became part of a growing...
indicators
Economy Week Ahead: Trade, ECB, Inflation
U.S. inflation data highlights this week’s docket of regularly scheduled economic releases. Official reports won’t yet fully capture growing economic...
Strong Hiring, Low Unemployment Point to Economy Making Post-Pandemic Pivot
The U.S. labor market is pivoting toward a post-pandemic world, with a steady stream of adults joining the labor force...
Powell Says Fed Is on Track to Raise Rates in Two Weeks
Federal Reserve Chairman Jerome Powell said he would propose a quarter-percentage point rate increase at the central bank’s meeting in...
U.S. Economy Grew Modestly Amid Omicron Surge, Fed Beige Book Says
The U.S. economy grew at a modest to moderate pace from mid-January through early February as the Omicron variant of...
Western Sanctions Bite Russian Economy, but Pose Unpredictable Risks
The conventional wisdom until last week was that sanctions had limited influence on a nation state, especially one as large...
The West’s Sanctions Barrage Severs Russia’s Economy From Much of the World
Western nations dropped economic sanctions of historic scale on Russia that are hobbling its financial system and effectively reversing 30...
U.S., Allies Roll Out Fresh Sanctions on Russia Amid Debate Over How Hard to Hit
Russia’s overnight assault on Ukraine triggered a surge of calls Thursday for Western allies to completely cut Russia off from...
Russian Invasion Scrambles Prospects for Global Economy
Russia’s invasion of Ukraine heaped fresh risks on a global economy struggling with soaring inflation, supply-chain snarls and a rocky...
Home Depot Expects Sales Growth to Slow in 2022
Sales growth will likely slow this year for Home Depot Inc., the home-improvement retailer said Tuesday, an indication that the...
Why This Economic Boom Can’t Lift America’s Spirits
Discontent is widespread in spite of rapid job growth, wage gains and strong asset values. At the root of it:...
Fiscal Stimulus Is Turning Into a Fiscal Drag, in a Big Headwind for Growth
The federal pandemic support that helped propel the economy to blistering growth last year and put upward pressure on inflation...
Fed Eyeing Potential for Faster Rate Increases to Ease Inflation
Federal Reserve officials at their meeting last month discussed an accelerated timetable for raising interest rates, beginning with an anticipated...
Some Lawmakers Want to Halt Gas Tax Amid High Inflation. Others See a Gimmick
WASHINGTON—A push by some Senate Democrats to suspend the federal gasoline tax is running into opposition from both Republicans and...
Farmers Feel the Squeeze of Inflation
Inflation is growing on the farm. American farmers are paying significantly higher prices for their weed-killing chemicals, crop seeds, fertilizer,...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
U.S. Housing Affordability Worsens
U.S. housing affordability worsened in the fourth quarter as home prices rose alongside mortgage-interest rates.The Covid-19 pandemic helped spark a...
Economy Week Ahead: Trade, Inflation, Layoffs
Inflation is expected to hit a multidecade high in January as the U.S. economy continues to work through pandemic-related supply...
China’s Slowdown to Limit Global Growth but Not Undermine World Economy
HONG KONG—A prolonged slowdown in China’s economic growth could hurt some multinational companies and commodity producers for years to come,...
White House Sees Hearing Aids as Chance to Lower Prices Through More Competition
Getting a pair of hearing aids can cost up to $5,000. The White House says they should be as little...
