The economy is slowing — ISM service index drops to lowest level since U.S. lockdown in 2020
admin The numbers: An ISM barometer of business conditions at companies such as retailers and restaurants…
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Another jumbo Fed rate hike is expected this week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth…
Read MoreAnother Fed jumbo rate hike is expected next week and then life gets difficult for Powell
First the easy part. Economists widely expect the Federal Reserve to approve the fourth straight…
Read MoreOpinion: China’s economy is rotting from the head
BOSTON (Project Syndicate)—China highlights a long-debated question about economic development: Can a top-down autocracy outperform…
Read MoreJanet Yellen says ‘I don’t see signs of a recession in this economy’
Even as Americans contend with high inflation and markets remain in bear territory, U.S. Treasury…
Read MoreFrance’s economy grew 0.2% in third quarter, beating forecasts
The French economy expanded in the third quarter, beating economists’ forecasts amid strong domestic demand.…
Read MoreGDP looked great for the U.S. economy, but it really wasn’t
Did the U.S. economy really sink into recession in the first half of 2022? And…
Read MoreU.S. economy grows 2.6% in the third quarter — but recession worries aren’t going away
The numbers: The economy grew at an annual 2.6% pace in the third quarter, rebounding…
Read MoreU.S. jobless claims tick up in latest week
The numbers: Initial jobless benefit claims rose by 3,000 to 217,000 in the week ended…
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Three events rocked the U.S. economy in the past two decades, and this is the one lesson to learn from them
Three events shook the U.S. economy to its foundations during the past two decades, each…
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