IPO Market Faces Worst Year in Two Decades. ‘Really Hard Pill to Swallow.’
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law....
Wall Street Bets the Fed Is Bluffing in High-Stakes Inflation Game
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law....
The Bursting Chinese Housing Bubble Compounds Beijing’s Economic Woes
China’s deflating property bubble is imperiling the world’s second-largest economy with effects that could ripple for years. Home prices are dropping in many cities after...
Pension Funds Plunge Into Riskier Bets—Just as Markets Are Struggling
U.S. public pension funds don’t have nearly enough money to pay for all their obligations to future retirees. A growing number are adopting a risky...
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....
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...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans: WSJ
The market is finally getting the message that the era of cheap money is ending. Just look at mortgage rates. At the beginning of 2022,...
War in Ukraine Is Already Taking Its Toll on Global Food Supplies
Ukrainian farmer Igor Borisov has 2,000 metric tons of corn from the fall harvest stuck in a warehouse behind Russian battle lines. Like other farmers...
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...
Economic Blacklist of Russia Marks New Blow for Globalization
WASHINGTON—The U.S.-led effort to expel Russia from international commerce marks another fracture in the free-trade vision that guided American policy for nearly 30 years, signaling...