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Untangling the U.S. From China's Economy Is Messy
The effort to move supply chains out of China is complicated by intertwined Asian markets and Chinese dominance in clean-energy technology. Source link
Americans Feel Better About the Economy. Should We Believe Them?
Two key measures of consumer confidence offer a complicated view of economic sentiment. Source link
Home Sales Fall Amid High Mortgage Rates, Low Supply
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate
Why Russia Killed the Ukraine Grain Deal
Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link
Fed Wants Paychecks to Hit Bank Accounts in a Flash
The FedNow payments network could take years to catch on. Source link
Fed Wants Paychecks to Hit Bank Accounts in a Flash
The FedNow payments network could take years to catch on. Source link
Charles Schwab Survived the Deposit Crisis. What Comes Next?
Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too big
U.S. Rate Rises Have Hit the Yen Hard, but Now It's Staging a Comeback
Japan’s currency has surged against the dollar this month. Central bank moves look set to boost it further. Source link
Stubborn Inflation Means More Pain for the U.K.
Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for millions of voters
Homeowners Don't Want to Sell, So Home Builders Are Booming
High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was