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
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
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What to Read Next Source link
Slide in outbound shipments reflects China’s fraying trade ties with the Western world, even as exports to Russia boom. Source...
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
If the Federal Reserve achieves a soft landing, history suggests the economy could keep growing four or five more years....
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
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
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Unexpected trim in key lending rate likely heralds further steps to stimulate China’s economy. Source link
High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. Source link
The pandemic’s aftereffects are fueling economic resilience despite rising interest rates. Source link
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Economists estimate that Americans increased consumer spending last month and that price increases remained elevated. Source link
The world’s fourth-largest economy shrunk for a second consecutive quarter as households cut their spending, which could prompt greater caution...
SYDNEY—New Zealand’s financial system is well placed to handle rising interest rates and uncertainty in the international financial system, the...
Growth slowed to 1.1% annual rate as resilient consumers faced high inflation and rising interest rates. Source link
The Dow Jones Transportation Average has badly underperformed the Dow Jones Industrial Average since early February. Source link
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled...