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,...
U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
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Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures
Potential fault lines surfaced on Tuesday over whether the Federal Reserve should proceed with interest rate increases next month as it studies the fallout from...
The U.S. Is Not Yet Ready for the Era of ‘Great Power’ Conflict With China and Russia
Clint Hinote returned from a deployment in Baghdad in the spring of 2018 to a new assignment and a staggering realization. A classified Pentagon wargame...
The U.S. Consumer Is Starting to Freak Out
Listen to article (2 minutes) The engine of the U.S. economy—consumer spending—is starting to sputter. Retail purchases have fallen in three of the past four...
Inflation Takes Biggest Bite From Middle-Income Households
Listen to article (2 minutes) Inflation is often called a tax on the poor, but this time it’s hit middle-income households the hardest. Many low-income...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Global Economies Flash Warning of Sharp Slowdown
Business activity in the U.S., Europe and Japan fell in August, according to new surveys, pointing to a sharp slowdown in global economic growth as...
Jerome Powell’s Dilemma: What if the Drivers of Inflation Are Here to Stay?
Central bankers worry that the recent surge in inflation may represent not a temporary phenomenon but a transition to a new, lasting reality. To counter...
It Now Costs $300,000 to Raise a Child
The cost of raising a child through high school has risen to more than $300,000 because of inflation that is running close to a four-decade...