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Russia’s Economy Is Starting to Come Undone
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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