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Big-Company Bankruptcies Hang Over Economy
Business

Big-Company Bankruptcies Hang Over Economy

Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link

Rising Rates Make Big Companies Even Richer
Business

Rising Rates Make Big Companies Even Richer

The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting profits and spending power. Source

Why Central Bankers Are Unsure Whether They've Raised Rates Enough
Business

Why Central Bankers Are Unsure Whether They've Raised Rates Enough

At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation. Source link

How Hard Should the Fed Squeeze to Reach 2% Inflation?
Business

How Hard Should the Fed Squeeze to Reach 2% Inflation?

The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers, the markets and the economy.

Why the Era of Historically Low Interest Rates Could Be Over
Business

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

Some Fed Officials Are Turning Cautious about Raising Rates Too High
Business

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

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

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. Source link

U.K. Inflation Slows, but Still a Worry
Business

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 to pause interest rate increases.

Russia Launches Emergency Rate Rise to Stem Economic Turmoil
Business

Russia Launches Emergency Rate Rise to Stem Economic Turmoil

The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Business

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after