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...
Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg
Inflation has turned out to be not-so-transitory, and the Federal Reserve has its knives out. Well, its hammer, anyway. Raising interest rates — the U.S....
AMC stuns investors with investment in gold and silver mine as it puts $1.8 billion war chest to work
AMC Entertainment Holdings Inc. surprised investors Tuesday with the news of an investment in a gold and silver mine that is well outside of its...
Is the Dollar in Danger?
The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of...
NY Fed: Public’s Near-Term Inflation Expectations Again Hit Record in February
Households’ expectations of the near-term future path of inflation surged back to record levels in February, amid growing worries that it will become harder to...
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...
The Fed Needs to Put Its Eye on the Money Supply
As recently as September 2021, half of the Federal Open Market Committee expected no change in the federal-funds rate throughout 2022, and not a single...
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...
U.S. Housing Wealth Skewed Even More Toward Affluent Over Past Decade
The past decade’s booming residential real-estate market has enriched almost every U.S. homeowner, but the gains have largely benefited the wealthiest, a new analysis shows....
Will Inflation Stay High for Decades? One Influential Economist Says Yes
When the global economy tanked in March 2020, the rate of inflation looked like it was heading to zero. That made it a surprising moment...