Category: Economy, Finance and Market News
Stubborn Inflation Stalls Rate Cuts, Posing Economic Challenges
Under Fed Chair Jerome Powell, financial markets have been soaring, with stocks and bitcoin hitting new records this year. | Anna Moneymaker/Getty Im [...]
US economy continues to shine with help from consumers, labor market
Black Friday shoppers stand in line for a Lululemon store as retailers compete to attract shoppers and try to maintain margins on Black Friday, o [...]
Environmental Defense Fund Announces Layoffs Amid Funding Challenges
Environmental Defense Fund President Fred Krupp, shown last December, said layoffs will commence this week. | Peter Dejong/AP
Environmental Defens [...]
Janet Yellen Plans Second Trip to China Amidst Bilateral Tensions
Janet Yellen’s travel plan reflects the administration’s efforts to sustain a still-fragile stability in bilateral ties battered over the past year. [...]
Oil and Gas Industry Weighs Pros and Cons of Potential Trump Return
Former President Donald Trump is a big promoter of U.S. oil and gas, but the industry is wary of some of his policy priorities. | Eric Gay/AP
Oil [...]
Analysis: How China, Russia and Iran are forging closer ties
Illustration: Alberto Miranda via The Economist.
Vladimir Putin, the President of Russia, and Ebrahim Raisi, his counterpart in Iran, share se [...]
Oil prices slip on Gaza ceasefire talks
Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a str [...]
Major Airlines Seek Meeting with Boeing Over Manufacturing Problems
A gaping hole where the paneled-over door had been at the fuselage plug area of Alaska Airlines Flight 1282 is shown. Airline CEOs have been outspoke [...]
Joe Biden Outlines Housing Affordability Plan Amid Rising Home Prices
Biden has made cutting consumer costs a central element of his economic case for reelection, touting his efforts to ease inflation over the last two [...]
Gasoline, shelter costs boost US prices; inflation still slowing
A person pumps gas at a Sunoco gas station in Philadelphia, Pennsylvania, U.S., February 19, 2022. REUTERS/Hannah Beier/FILE PHOTO
In February [...]
