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Russia’s Economy Is Starting to Come Undone
MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those
Home Prices Fall for Seventh Straight Month
The Case-Shiller index dropped 0.2% in January compared with December, as increased mortgage rates continued to slow the housing market. Source link
America’s Housing Markets: Home Prices Fall in the West and Rise in the East
In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in
Eurozone Banks Cut Lending Even Before Latest Financial Turmoil
Economy Europe Economy Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB rate moves Source link
Economy Week Ahead: U.S. Household Spending and Home Prices in Focus
Economy Economy Week Ahead The Fed’s preferred inflation gauge to offer additional insight on price trends Source link
U.S. Bank Failures Pose Risk to Global Growth
Turmoil in the U.S. banking sector increases the risks of a global recession. Source link
Bank of England Lifts Rates by Quarter Point, Following Fed
The move marks a fresh sign that policy makers around the world are determined to press down on inflation despite strains in the banking system.
Steady Jobless Claims Show Labor Market Remains Strong
Worker filings for unemployment benefits held nearly steady last week, showing that the broader labor market remains robust despite layoffs. Source link
