To predict where rates will land, look beyond the pandemic fallout. Story Published at: November 18, 2022 at 08:06PM Continue Reading…
Wonking Out: Why Interest Rates (Probably) Won’t Stay High
Divided Government
A split Congress could lead to government shutdowns and economic turmoil. Story Published at: November 16, 2022 at 11:35AM Continue Reading…
The Week in Business: Mass Layoffs at Meta
Inflation showed signs of easing, cheering investors who hope the Fed will slow its aggressive rate increases. And one of the biggest crypto exchanges collapsed. Story Published at: November 13, 2022 at 12:00PM Continue Reading…
Markets Steady at End of a Strong Week
Signs of China easing its pandemic restrictions added to investors’ bullishness about cooling inflation in the United States. Story Published at: November 11, 2022 at 03:34PM Continue Reading…
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates. Story Published at: October 26, 2022 at 11:47PM Continue Reading…
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
A series of quarterly earnings reports are showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates. Story Published at: October 26, 2022 at 11:47PM Continue Reading…
The Race is On to Find the U.K.’s Next Prime Minister
Turmoil returned to Britain’s financial markets as the Conservative Party once again seeks a new candidate to serve as prime minister. Story Published at: October 21, 2022 at 12:51PM Continue Reading…
The Week in Business: Elon Musk’s Reversal
The September jobs numbers show that the labor market remains strong. OPEC Plus announced a major cut in oil production. And the Social Security cost-of-living increase will be announced. Story Published at: October 9, 2022 at 12:00PM Continue Reading…
Currencies around the world are tumbling. Except Bitcoin.
The cryptocurrency has risen 6.5 percent over the past seven days, bucking the trend as a strong dollar sinks other currencies. Story Published at: September 27, 2022 at 02:02PM Continue Reading…
The Week in Business: Rail Strike Averted
Higher-than-expected inflation in August rattled financial markets. The Federal Reserve is expected to approve another big rate increase. But Social Security recipients have a reason to cheer. Story Published at: September 18, 2022 at 12:00PM Continue Reading…