U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by traders — sending the dollar to its highest levels of Read more
Tag: Economic Performance/Indicators
Are markets underestimating how far the Fed must go to tame inflation?
The Federal Reserve isn’t even four months into its latest interest-rate -hiking cycle, and yet investors are already pricing in rate cuts as soon as next year, the latest sign Read more
Opinion: Until there’s a viable and investible path to a green-energy future, oil shocks will keep battering our economy and our politics
CAMBRIDGE, Mass. (Project Syndicate)— Over the past 2½ years, world oil and gas prices have been subject to demand shocks and supply shocks—and sometimes both simultaneously. The resulting volatility in Read more
1 in 3 Americans earning $250,000 or more say they live paycheck to paycheck
That’s rich: even people making well over six figures say it can be a struggle to stretch their money. To be exact, 36% of Americans taking home a quarter of Read more
U.S. factory orders jump 1.6% in May — but the good times might not last
U.S. factory orders jumped 1.6% in May in a show of strength among manufacturers — but a more recent survey of of top executives suggests demand might be waning in Read more
The sum also rises: Hemingway enthusiasts and other tourists in Spain confront an inflation rate higher than the U.S.’s
It’s an early summer afternoon in Madrid, and the world’s oldest restaurant is abuzz with a cacophony of tourist and local voices, knives and forks, bottles and glasses. But just Read more
Here’s how far house prices are set to fall as rates go up, says Capital Economics
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There Read more
U.K. new car sales dive 24% in June in the worst performance in 26 years
U.K. car sales skidded 24% in June, the worst performance for the month in 26 years. The Society of Motor Manufacturers and Traders said 140,958 vehicles were registered, in what Read more
With prices skirting a 17-month low, Dr Copper’s prognosis about the global economy is downbeat
Dr Copper has graded the global economy, and noted: “must do better.” The red metal is wryly considered by commodity watchers to hold a Ph.D in economics, because its use Read more
Germany posts trade deficit for May as costs of imports jump
Germany swung to a trade deficit in May as exports fell and imports grew amid high energy costs. Germany’s trade deficit–the balance of exports and imports of goods–stood at 1 Read more