Economy is slowing and ‘potentially signaling recession,’ leading index finds
admin The numbers: The U.S. leading index fell in August for the sixth month in a…
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Mortgage rates continue to climb, hitting 6.29% in latest week
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to…
Read MoreJobless claims edge up to 213,000 but still show strong labor market and few layoffs
The numbers: The number of people who applied for unemployment benefits last week rose by…
Read MoreWhat to expect from the U.K finance minister’s budget this Friday
U.K. finance minister Kwasi Kwarteng is set to reveal the government’s budget this Friday, and…
Read MoreThe Fed’s forecast for rising unemployment signals recession ahead. Or does it?
The U.S. has never vanquished high inflation without a major surge in layoffs and unemployment,…
Read MoreU.S. existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio
Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict…
Read MoreLarry Summers predicted inflation, but now he’s looking on the bright side
““I would give you one very simple economic truth: Would you rather live in a…
Read MoreFed predicts big slowdown in economy and rising unemployment as it battles inflation
The “pain” Americans are likely to endure from higher U.S. interest rates is a tepid…
Read MoreFed predicts big slowdown in economy and rising unemployment as it battles inflation
The “pain” Americans are likely to endure from higher U.S. interest rates is a tepid…
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Opinion: Expecting the Fed to solve inflation on its own ignores important root causes that the Fed can’t touch
In response to continuing core inflation, the Federal Reserve raised the federal funds rate by…
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