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U.K. Inflation Slows, but Still a Worry
The annual rate of inflation slowed but it may not be falling fast enough to convince the Bank of England to pause interest rate increases.
Retail Sales Rose in July for Fourth Straight Month
Retail sales—a measure of spending at stores, online and in restaurants—rose a seasonally adjusted 0.7% last month from the month before, the Commerce Department said
Russia Launches Emergency Rate Rise to Stem Economic Turmoil
The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after
Japan's Economy Grows at 6% Pace in Second Quarter
Exports rise and surge in foreign visitors helps lift spending. Source link
After Pulling Inflation Down, Gasoline and Food Threaten to Nudge It Up
What to Read Next Source link
What Wall Street’s Top Recession Gauge Is Saying Now
Listen to article (1 minute) Wall Street is growing confident the U.S. can avoid a recession. But one key market indicator is still sending seemingly
CFOs Are More Optimistic on Side-Stepping a Recession
Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs’ worst economic fears. Source link
Inflation, and Housing Costs, Are Set to Turn a Corner
Cooling house prices and rents could tamp down inflation in coming months, nudging the Federal Reserve to pause or even reverse rate increases. Source link
