IMF Sees Many Risks to Financial Stability. Debt Distress Ranks High.
Text size The International Monetary Fund warns of a mix of inflation and debt distress hitting economies trying to recover from the pandemic. Stefani Reynolds...
Janet Yellen Faces Challenge to Keep Pressure on Russia, While Addressing Global Consequences
WASHINGTON—How to balance a pressure campaign against Russia with a push to address growing crises like food insecurity will be a central test for Treasury...
Several Million U.S. Workers Seen Staying Out of Labor Force Indefinitely
Several million workers who dropped out of the U.S. workforce during the Covid-19 pandemic plan to stay out indefinitely because of persistent illness fears or...
Decade-High Mortgage Rates Pose Threat to Spring Housing Market
U.S. housing sales are heating up again this spring, but the highest mortgage rates in more than a decade threaten to cool the sales pace...
Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This
The Federal Reserve is setting out to do something it has never accomplished before: reduce inflation a lot without significantly raising unemployment. Central bank officials...
Gold tallies a 4th straight session gain and highest finish in a month
Gold futures rose for a fourth straight day Tuesday to their highest settlement in a month, as U.S. data showed annual inflation climbed above 8%...
JPMorgan CEO Jamie Dimon Says ‘Powerful Forces’ Threaten U.S. Economy
JPMorgan Chase & Co.’s pandemic boom ended with a 42% drop in profits and a warning: Rising inflation and the war in Ukraine pose big...
‘Calamity’ may be coming, stock-market setup similar to 1999: Jeffrey Gundlach
A “calamity” may be coming for markets, potentially in 2023, Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine, warned Tuesday on stage...
Inflation Hurts. Better Get Used to It.
The runaway inflation of the past year is a radical change from the lowflation that’s dominated in the past decade, and this week’s hawkish talk...
Gold pushes higher ahead of this week’s inflation data
Gold futures rose early Monday, as investors shook off a continued rise in Treasury yields as the focus appeared to remain on worries over rising...