Economy The Outlook Imports of food and related ingredients have steadily risen…
Globalized Supply Chain Brings More-Turbulent Food Prices
Browsing Tag
Economic News
526 posts
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
Economy Asia Economy People’s Bank of China frees up billions of yuan…
Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases
Economy Gerardo Esquivel called for slowdown in pace of tightening as board…
U.S. Poised to Grant Chevron License to Pump Oil in Venezuela
The move would come just as Western sanctions on Russia threaten to…
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
Economy U.S. Economy Policy makers have signaled plans to dial back the…
Jobless Claims Remain Near Prepandemic Lows
Filings for unemployment benefits, a proxy for layoffs, increased by 17,000 last…
Global Economy Slows, but Seems to Be Faring Better Than Feared
Economy A weak start to 2023 is expected in many rich countries,…
Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market
Real Estate Buying activity by companies fell in line with the decline…
Student-Loan Holders See New Path for Wiping Out Debt Through Bankruptcy
U.S. Biden administration’s new rules come after courts blocked its mass debt-cancellation…
Fed’s Aggressive Rate Hikes Are a Game Changer
As the Federal Reserve raises interest rates to cool the economy and…
China Consumer Spending Slumps Under Covid and Property Restrictions
Business Asia Campaigns to rein in Covid-19 cases and property prices have…
As Savings Slowly Shrink, Consumer Spending Is on Borrowed Time
Economy The Outlook For now, spending remains strong as consumers use hoard…
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities…
Inflation and Unemployment Both Make You Miserable, but Maybe Not Equally
Tweaking the famous “Misery Index” may help it better fit political events.
Higher Taxes, Spending Cuts to Follow in Other Countries, U.K. Chancellor Says
World Europe U.K. Jeremy Hunt defended his budget cuts and tax increases,…
U.S.-China Trade Talks Resume on Sidelines of Asian Summit
World Meeting between U.S. Trade Representative Tai and Chinese counterpart follows Biden-Xi…
U.S. Existing-Home Sales Fell 5.9% in October
Sales of previously owned homes declined to a seasonally adjusted annual rate…
Macy's, Kohl's Sales Drop as Shoppers Delay Holiday Buying
Both department store chains said the outlook for the important year-end quarter…
Alibaba Posts Slow Growth as China's Covid Policy Weighs
The Chinese e-commerce company’s 3% rise in revenue is among its weakest…
Retail Sales Rose in October
U.S. consumers spent more at auto dealers, furniture stores, grocery stores and…
