Exclusive news, analysis and commentary on the US and global economy, central bank policy, interest rates, trade, and consumer sentiment.
As recently as 2021, the industry set a record by generating $1.4 trillion via outright sales or IPOs of portfolio companies. (A person could live on…
US drivers are late on their car loan payments at the highest rates on record, and the trend might not go away anytime soon.
As housing prices reach record highs nationwide – against quite a few forecasts at the start of the year – buying a home is now completely…
Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween…
With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.
In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.
Harvard University labor economist and historian Claudia Goldin, 77, won the Nobel Prize in Economics women in the workforce.
The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.
Office vacancy rates in major cities have risen to worrisome levels while investments into commercial real estate are in retreat.
On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.
Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.
Facing eye-watering amounts of debt and record-high interest rates, US consumers have started charging less on their credit cards.
US mortgage rates have climbed past 7.5% — further tightening an increasingly impossible-to-crack housing market.
Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.
Given that it handles trillions in transactions a year, it makes sense that the credit card provider wants to beef up security protocols.
The West’s economic war on Russia is producing a massive taxpayer tab.
Low supply, high prices, and the climbing costs of borrowing have created one of the least affordable US housing markets in decades.
Federal Reserve chair Jerome Powell has met his match in the ongoing fight against inflation: skyrocketing oil costs.
Congress is threatening to shut down the government at midnight on September 30th.
The Federal Reserve prepares to share its projections. Economists predict a ‘ho-hum’ meeting, but 2024 election year looms.