It’s Joe Biden’s Inflation – WSJ
A sign shows gas prices outside a gas station in Washington D.C. on March 10. Photo: mandel ngan/Agence France-Presse/Getty Images Inflation keeps rising, and working...
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...
Higher Vehicle, Energy Imports Push January U.S. Trade Deficit to New Record
The U.S. trade deficit hit a fresh record in January ahead of the Russia-Ukraine crisis, as imports of vehicles and energy supplies increased while exports...
Russia Set to Ban Commodity Exports Following Western Sanctions
Russian President Vladimir Putin, pictured Tuesday, gave his cabinet two days to create a list of commodities and of countries subject to a new export...
Hundreds of Ships Trapped by Ukraine War, Endangering Sailors and Global Trade
The crew on a Bangladeshi cargo ship stranded near the Ukrainian port of Olvia heard an explosion, then the bridge was engulfed in flames. A...
Debt and Inflation Threaten U.S. Security
The national debt this month reached $30 trillion. Not only is this the largest debt in U.S. history in dollar terms, but the ratio of...
Lumber Trading Is So Hot That It Almost Never Happens
Lumber futures are on another wild ride, but trading them has gotten pretty boring. In 25 of this year’s 35 trading sessions, prices of the...