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What Wall Street’s Top Recession Gauge Is Saying Now
Business

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

Inflation, and Housing Costs, Are Set to Turn a Corner
Business

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

China Slips Into Deflation in Warning Sign for Global Economy
Business

China Slips Into Deflation in Warning Sign for Global Economy

China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link

Rising Oil Prices Are Bad News for Drivers---and the Fed
Business

Rising Oil Prices Are Bad News for Drivers—and the Fed

America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month. Source link

Bank of England Raises Key Interest Rate by Quarter Point
Business

Bank of England Raises Key Interest Rate by Quarter Point

The central bank increased its key rate for the 14th time in a row and said it may do so again as it tries to

Why the Drivers of Lower Inflation Matter
Business

Why the Drivers of Lower Inflation Matter

Competing effects of central banks, healing supply chains affect recession odds. Source link

How the Bank of Japan's Shift Could Play Out in U.S. Markets
Business

How the Bank of Japan's Shift Could Play Out in U.S. Markets

The Bank of Japan has signaled it would tolerate higher yields on longer-term Japanese government bonds—which could affect investors worldwide.. Source link

Bernanke Tapped to Find Out Why U.K. Central Bank Misjudged Inflation
Business

Bernanke Tapped to Find Out Why U.K. Central Bank Misjudged Inflation

The appointment of the former Fed chair is one of the first steps taken by a leading central bank to understand why they underestimated a