It’s U.S. vs. China in an Increasingly Divided World Economy
Listen to article (2 minutes) China passed a significant milestone last fall: For the first time since its economic opening more than four decades ago,...
Why More Baby Boomers Are Facing Homelessness
The surge in elderly homelessness is being significantly impacted by the Baby Boomers, amplifying a public-policy crisis and burdening taxpayers. Increasingly, aging individuals face homelessness...
Real-Estate Doom Loop Threatens America’s Banks
Listen to article (2 minutes) Bank OZK had two branches in rural Arkansas when chief executive officer George Gleason bought it in 1979. The Little...
A Housing Bust Comes for Thousands of Small-Time Investors: WSJ
They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. [ad_2]...
The U.S. Is Not Yet Ready for the Era of ‘Great Power’ Conflict With China and Russia
Clint Hinote returned from a deployment in Baghdad in the spring of 2018 to a new assignment and a staggering realization. A classified Pentagon wargame...
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...
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...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a...
Jerome Powell’s Dilemma: What if the Drivers of Inflation Are Here to Stay?
Central bankers worry that the recent surge in inflation may represent not a temporary phenomenon but a transition to a new, lasting reality. To counter...