U.S. could be heading into period of ‘transitory disinflation,’ traders and strategists say
Hopes for a further decline in U.S. inflation this year are giving way to a risk seen in some corners of the financial market that...
Households Burn Through What’s Left of Their Pandemic Savings
The cushion of savings many built up during the pandemic is thinning out. In some households, it is already gone. Americans have spent down about...
The U.S. Consumer Is Starting to Freak Out
Listen to article (2 minutes) The engine of the U.S. economy—consumer spending—is starting to sputter. Retail purchases have fallen in three of the past four...
Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. Source link...
China’s Reopening Complicates Global Fight Against Inflation: WSJ
Stronger Chinese economy will boost demand for commodities but could ease supply-chain bottlenecks, sending mixed signals for central bankers… Source link...
Why gold prices may be headed for record highs this year
Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this...
An Epic Dollar Rally Goes Into Reverse—and Investors Expect Further Declines
Markets Finance WSJ Dollar Index on track for biggest yearly gain since 2014 Source link...
Inflation Takes Biggest Bite From Middle-Income Households
Listen to article (2 minutes) Inflation is often called a tax on the poor, but this time it’s hit middle-income households the hardest. Many low-income...
Treasury Rally to Be Tested by Fed’s Next Move: WSJ
Bond yields have fallen after a sharp run-up earlier in 2022, but some investors are skeptical that the good news will last. Source link...
For Landlords, Rising Housing Costs Make It Harder to Earn Passive Income
Listen to article (1 minute) Many Americans dream the path to building wealth is like a trip around the Monopoly board, buying up properties that...