Economy Capital Account Crypto’s lack of connections with traditional finance means its problems haven’t spilled over to the economy Source link Source link
Read More
Tag: Economic News
Filings for unemployment benefits, a proxy for layoffs, increased by 17,000 last week but stayed relatively low, as the labor market remains strong and many laid-off workers are landing new jobs quickly. Source link Source link
Read More
Economy Large parts of the global economy are likely to experience periods of contraction, but a Chinese rebound might offset that weakness Source link Source link
Read More
Economy Despite higher interest rates, the OECD sees the global economy avoiding recession in 2023 Source link Source link
Read More
Real Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs Source link Source link
Read More
Sanctions “leakage” could undermine the pressure campaign and potentially prolong the war, officials say. Source link Source link
Read More
U.S. Biden administration’s new rules come after courts blocked its mass debt-cancellation plan Source link Source link
Read More
As the Federal Reserve raises interest rates to cool the economy and slow inflation, it is contending with the imprecise and inconsistent effect of monetary policy on the economy. The Nobel Prize-winning economist Milton Friedman famously argued that “monetary actions affect economic conditions only after a lag that is both long and variable.” Since it […]
Read More
Investors are seizing on any sign inflation has peaked as a reason to snap up beaten-down shares. Just look at housing stocks. Source link Source link
Read More
Business Asia Campaigns to rein in Covid-19 cases and property prices have squelched consumer demand in the world’s second-largest economy Source link Source link
Read More
Economy The Outlook For now, spending remains strong as consumers use hoard of savings to catch up on experiences they missed during the pandemic Source link Source link
Read More
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give the way I want to this year.” Source link Source link
Read More
World Meeting between U.S. Trade Representative Tai and Chinese counterpart follows Biden-Xi meeting this week Source link Source link
Read More
World Europe U.K. Jeremy Hunt defended his budget cuts and tax increases, and said governments elsewhere will need to follow suit Source link Source link
Read More
Economy U.S. Economy Sales fell 5.9% in the month and 28.4% from a year earlier Source link Source link
Read More
Tweaking the famous “Misery Index” may help it better fit political events. Source link Source link
Read More
‘Confusing, and long, and drawn-out.’ Some hospitals make getting aid hard, delay checking eligibility and sometimes press for payments that aren’t refunded even if a patient eventually gets qualified for assistance. Source link Source link
Read More
Economy Capital Account Funding for scientific research has become risk-averse, favoring established researchers pursuing incremental ideas, critics say Source link Source link
Read More
World Middle East The country is cutting back on its domestic energy use so it can sell more gas to Europe and tackle its economic crisis Source link Source link
Read More
Filings for U.S. unemployment insurance, a proxy for layoffs, remained near historically low levels amid a still-tight labor market. Source link Source link
Read More
The Chinese e-commerce company’s 3% rise in revenue is among its weakest revenue expansions since going public. Source link Source link
Read More
World Europe U.K. Britain becomes first major Western economy to try to limit debt growth after piling on spending from pandemic and new energy subsidies Source link Source link
Read More
World The Treasury secretary says she is trying to prevent an economic conflict with the world’s second-largest economy from escalating further Source link Source link
Read More
Major economies overcame divisions to put out a joint statement that focused on the economic fallout of the Ukraine conflict. Source link Source link
Read More
Economy U.S. Economy Shoppers faced higher prices in October while inflation, still elevated, eased from the summer’s 40-year high Source link Source link
Read More
KANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview. “I’m looking at a labor market that is so tight, […]
Read More
