Big Banks Cook Up New Way to Unload Risk
U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates. JPMorgan Chase, Morgan...
Foreign Firms Pull Billions in Earnings Out of China
Updated Nov. 6, 2023 11:49 am ET SINGAPORE—For years, foreign companies plowed the profits they made in China back into China, using the cash to...
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,...
Eurozone Inflation Drops Sharply Amid Energy Deflation, Economic Contraction
Updated Oct. 31, 2023 6:37 am ET Consumer prices are slowing more than expected in the eurozone, driven in part by falling energy prices but...
The Money Has Stopped Flowing in Commercial Real Estate
Commercial real-estate lending is shrinking to historically low levels, threatening a rise in defaults on expiring debt and a sharp decline in new construction of...
U.S. Worries About Escalation in Pacific as Chinese Military Steps Up Confrontation
Updated Oct. 26, 2023 6:52 pm ET China’s jet fighters are harassing American military aircraft and stepping up sorties around Taiwan. Its coast guard is...
We’re Still Paying for the Federal Reserve’s Blunders
Oct. 25, 2023 12:53 pm ET The Federal Reserve is relieved inflation is receding and hopes it will fall to 2%. Meantime, households and businesses...
What Can the Fed Do About the Deficit? Nothing
Federal Reserve officials say soaring long-term bond yields are a key factor in the economic outlook and their interest-rate decisions. They also say the swelling...
Another Black Monday May Be Around the Corner
By John Greenwood and Steve H. Hanke The Federal Reserve’s policies are threatening U.S. financial markets and the economy. They are in danger of a...
Government Bubble Bust: Treasury Bond Investors Have Been Taking a Historic Beating
Long-term bond investors are increasingly reluctant to lend to the U.S. government, possibly due to its excessive borrowing. Despite facing significant market losses, political discussions...