Economic News

Why the Era of Historically Low Interest Rates Could Be Over

Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link

1 year ago

Macau Reclaims Crown From Vegas as World's Top Gambling Hub

Fortunes of MGM, Sands and Wynn are rising after they bled cash during years of pandemic border restrictions in the…

1 year ago

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies

EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link

1 year ago

Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate

Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link

1 year ago

U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada

The levies, announced in response to dumping allegations, could raise prices for canned foods, an industry group says. Source link

1 year ago

Some Fed Officials Are Turning Cautious about Raising Rates Too High

Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link

1 year ago

Economics Tamed the Weather. Now the Weather Strikes Back.

As extreme conditions grow more frequent, threat mounts to growth and inflation, especially in poor countries. Source link

1 year ago

Beijing Is Caught in a Catch-22 as Economy, Currency Stumble

China wants to boost its sluggish economy and keep its currency stable, but that is proving a difficult juggling act.…

1 year ago

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…

1 year ago

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…

1 year ago