MORNING TOP NEWS AND BLOG
Warren Buffett’s Berkshire Hathaway Inc. posted an increase in operating earnings as higher interest rates and fewer catastrophes benefited the...
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting...
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation....
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,...
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
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...
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The central bank increased its key rate for the 14th time in a row and said it may do so...
Competing effects of central banks, healing supply chains affect recession odds. Source link
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is sputtering and heavy debt...
Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Source link
Inflation eased in June to its slowest pace in more than two years, but remained above the Federal Reserve’s goal....
Americans believe that inflation rates for gasoline, education, medical care and food are near prepandemic levels. Source link
Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest...
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
The European Central Bank raised its key interest rate by a quarter percentage point, pressing ahead with its campaign against...
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
The consumer-price index rose 4% in May from a year earlier, well below the recent peak of 9.1% last June...
