The Average Age of Vehicles on U.S. Roadways Hits a Record 12.2 Years
The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices...
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,...
A Big Risk Hanging Over European Banks: Leveraged Loans
Europe’s banking regulator is growing antsy about a booming market for banks: loans that fuel riskier borrowers and the global deal-making machine. That corner of...
Brand Loyalty Takes a Hit From Inflation, Shortages
U.S. shoppers are buying what they can find—and afford. Well-known brand names and flashy ad campaigns are no longer enough to command U.S. consumers’ loyalty...
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...
How there’s been a Greenspan-sized tightening to the economy even before the first Fed hike
Is the Federal Reserve loosening or tightening policy right now? That seems like a silly question. Interest rates are still barely above zero, and this...
Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often
Everyday items, from grocery staples to home décor, are being priced more like airline tickets and gasoline, where the sticker prices can move frequently within...
Grocery Stores Cut Hours, Services as Omicron Infects Workers
Some U.S. supermarkets are reducing hours and cutting services as Covid-19’s Omicron variant infects cashiers, baggers and stockers, deepening grocery chains’ staffing challenges. Across the...