Inflation is close to a 40-year high—a development that is challenging households, companies and government policy makers. Is the wave of unusually high price increases near a peak? If so, …
Where Is Inflation Headed? Nine Signs to Watch Read More
Growth in the US and global economies slowed in May as high inflation and rising interest rates dented demand, business surveys said Tuesday. Business activity at services businesses in the …
Inflation, Rising Rates Curb Global Economic Growth Read More
SANTA CRUZ DE LORICA, Colombia—A former leftist guerrilla-turned-senator, Gustavo Petro, is favored to be the next president of a country he pledges to transform by phasing out oil and coal …
In Colombia, Former Leftist Guerrilla Leads Presidential Hopefuls Read More
US stock futures fell and a selloff in technology stocks deepened, weighed down by growing investor concerns about the outlook for economic growth. Futures for the S&P 500 fell 0.9% …
Stock Futures Drop in Volatile Trading Read More
Americans reported the highest level of financial well-being last fall than at any point in almost a decade, leaving them better-positioned to withstand an economic slowdown this year, according to …
Americans Reported Strong Personal Finances Late Last Year, Fed Finds Read More
Investors, already grappling with a sinking stock market and fears that the US economy may be heading for a recession, now turn their focus to the consumer. For one thing, …
Buy the dip or sell the ‘rip’?: What’s next as S&P 500 tests bear-market territory Read More
The number of people receiving unemployment benefits fell in early May to the lowest point in more than 50 years, adding to signs the US labor market remains unusually tight. …
Number of People Receiving Jobless Benefits Reached 52-Year Low in Early May Read More
The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say, which could erode living standards …
High Inflation, Slowing Growth Raise Risk of Global Downturn Read More
LONDON—The UK’s annual rate of inflation jumped to a forty-year-high in April, the highest level recorded by an industrialized nation since the start of the global price surge last year. …
UK Inflation Hits 40-Year High, Putting Government on Defensive Read More
US shoppers increased retail spending in April for the fourth straight month, taking on higher prices with inflation close to its highest level in four decades. Retail sales—a measure of …
US Retail Sales Grow 0.9% in April Read More