Global Inflation Could Bring a Worldwide Depression, George Soros Says
Text size George Soros, speaking in Davos on Tuesday. Fabrice Coffrini/AFP/Getty Images DAVOS, SWITZERLAND—There is trouble brewing in China that may cause a global depression,...
Pensions’ Bad Year Poised to Get Worse
State and local government retirement funds started the year with their worst quarterly returns since the beginning of the pandemic. Things have only gone downhill...
Janet Yellen Faces Challenge to Keep Pressure on Russia, While Addressing Global Consequences
WASHINGTON—How to balance a pressure campaign against Russia with a push to address growing crises like food insecurity will be a central test for Treasury...
A New Global Food Crisis Is Building, World Bank Warns
Illustration by Pete Reynolds Text size About the author: David Malpass is president of the World Bank Group. The war in Ukraine has triggered an...
Fed’s Brainard says inflation is ‘much too high’ with risks it might go even higher
Inflation is running very hot and could move up even higher, necessitating steady interest rate increases and a shrinking of the balance sheet, Federal Reserve...
The World Is Piling on Debt as It Battles Inflation
A surge in food and fuel prices is raising pressure on governments around the world to pick up the tab for consumers, stretching precarious public...
Biden Sticks With Longstanding U.S. Policy on Use of Nuclear Weapons Amid Pressure From Allies
President Biden, stepping back from a campaign vow, has embraced a longstanding U.S. approach of using the threat of a potential nuclear response to deter...
What Sanctions Mean for Russia’s $140 Billion in Gold
The U.S. is clamping down on Russia’s ability to sell its gold reserves and raise money, the latest effort to cripple the country’s war chest...
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....
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...