Biden Has No Plan to Fight Inflation
Welcome to the Journal’s pages, Mr. President. I trust your recent op-ed on your inflation plan is the first of many contributions to the paper....
Summer Worker Shortage Means Things Will Be Closed. Again.
Many Americans hoped this would be the first normal summer after two years of Covid-19 disruptions. A chronic labor shortage means it probably won’t be....
Rising Rates Are Battering Mortgage Lenders
Mortgage lenders are scrambling to survive a sharp drop-off in the number of homeowners refinancing their loans, with demand drying up as interest rates rise....
The Deflating “Inflation Narrative” Stock Market (and Sentiment Results)…
*Bond Shorts were crowded and it would reverse. *Inflation expectations would get better. *Food/Commodity prices would start to come down. *The Fed would begin laying...
High Inflation, Slowing Growth Raise Risk of Global Downturn
The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say,...
The Inflation Japan Wanted Is Finally Here, but Not for the Right Reasons
TOKYO—Nearly a decade after its central bank targeted 2% inflation, Japan on Friday finally reached its goal. But instead of celebration, the occasion prompted concern...
China’s Economic Slowdown Is Rippling All Around the World: WSJ
The country’s crumbling economic growth is being felt everywhere from German factories to Australian tourist spots; Apple and General Electric warn of production problems [ad_2]...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage...
Don’t Count on China to Bail Out the Global Economy If There’s a New Recession
Text size People buy food and household provisions at a supermarket in Beijing on April 25, 2022. Noel Celis/AFP via Getty Images About the author:...
Gold Prices Are Heading Higher as Inflation Rages. Why the Next Stop Could Be $3,000 an Ounce.
Gold bugs have been a lonely bunch, but that may be starting to change. In the past week, gold made another run at $2,000 a...