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Saudi-Led Oil Producers to Lower Output Further
Business

Saudi-Led Oil Producers to Lower Output Further

The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.

Micron Gets Caught in U.S.-China Crossfire
Finances

Micron Gets Caught in U.S.-China Crossfire

Markets Heard on the Street Beijing has long hesitated to strike back at U.S. chip companies—but Micron is a soft target Source link

World Bank Warns of Lost Decade for Global Economy
Business

World Bank Warns of Lost Decade for Global Economy

Economy The Outlook Lender sees demographics, war and pandemic aftereffects holding back growth Source link

Sunbelt Cities Nashville and Austin Are Nation’s Hottest Job Markets
Business

Sunbelt Cities Nashville and Austin Are Nation’s Hottest Job Markets

To find the best job markets in America, head to the South. Nashville, Tenn., topped the list of 2022’s hottest job markets, followed by Austin,

IRS Refunds Are Smaller as Tax Day Approaches
Finances

IRS Refunds Are Smaller as Tax Day Approaches

With about two weeks to go until Tax Day, more than 80 million Americans, or about half of total taxpayers, have filed their 2022 returns

Investors Seek Safety in Tech Stocks, Money-Market Funds
Finances

Investors Seek Safety in Tech Stocks, Money-Market Funds

The first quarter in markets was one for the record books. At the start of the year, investors unexpectedly scrambled back into the speculative stocks

Bank Stress, Softer Inflation Makes Fed's Life Easier
Finances

Bank Stress, Softer Inflation Makes Fed's Life Easier

The Federal Reserve just got another excuse to tread softly on rate increases. Source link

Social Security Reserves Projected to Run Out Earlier Than Expected
Business

Social Security Reserves Projected to Run Out Earlier Than Expected

Social Security won’t have enough money to pay all beneficiaries the amount they are entitled to starting in 2034, a report said. Source link

Bank of Mexico Slows Pace of Interest-Rate Increases
Business

Bank of Mexico Slows Pace of Interest-Rate Increases

MEXICO CITY—The Bank of Mexico raised interest rates for a 15th consecutive time Thursday, while slowing the pace of monetary tightening as inflation shows signs

Futures Waver on Last Session of Turbulent Quarter
Finances

Futures Waver on Last Session of Turbulent Quarter

Stocks look set for a quiet end to a stormy quarter, in which markets have been whipsawed by shifting outlooks for inflation and interest rates and