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The West Attacked Russia's Economy. The Result Is Another Stalemate.
Business

The West Attacked Russia's Economy. The Result Is Another Stalemate.

Economists expect sanctions to cause Russia to stagnate in the years ahead but the West’s failure to quickly bring the Russian economy to its knees

Europe Returns to Timid Growth, but Bigger Headwinds Loom
Business

Europe Returns to Timid Growth, but Bigger Headwinds Loom

Lower energy bills helped drive an expansion in activity in the quarter through June, but the region faces a litany of challenges in the coming

The Economy Has Defied Expectations. Here’s What to Focus On in the GDP Data.
Business

U.S. Economic Growth Accelerates

The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link

Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle
Business

Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle

Recent expansions have lasted 6 to 10 years. Here’s how this one could last that long. Source link

Stock Market Shrugs Off Recession Signals as Rally Builds
Business

Stock Market Shrugs Off Recession Signals as Rally Builds

The S&P 500 is trading near its highest level since April 2022 as hopes grow for a soft economic landing. Source link

How U.S. Drug Companies Could Tip Europe Into Recession
Business

How U.S. Drug Companies Could Tip Europe Into Recession

Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. Source link

Russia Boosts Rates as Ukraine War Costs Mount
Business

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

U.S. leading indicators point to recession starting soon By Reuters

© Reuters. FILE PHOTO: A view shows Main Street in Elk Point, South Dakota, U.S. June 3, 2017. Picture taken June 3, 2017. REUTERS/Ryan Henriksen/File