Can the U.S. Economy Survive Four Simultaneous Shocks at Once?
The U.S. economy is facing simultaneous threats: potential auto worker strikes, a possible government shutdown, the resumption of student loan payments, and rising oil prices....
Asian stocks sink on German inflation, British tax cuts
BEIJING — Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and...
U.S. oil prices drop below $80 a barrel to their lowest finish since January on recession fears
Oil prices dropped sharply Friday, with U.S. crude below $80 a barrel to mark the lowest finish since January, as recession fears gripped financial markets,...
The Inflation Hits Just Keep Coming, Raising Stakes for the Fed
For the Federal Reserve, the hits driving inflation keep piling up. Escalating sanctions by the West to punish Russia for its war against Ukraine are...