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Economy

  • Inflation’s Other Causes
    Inflation’s Other Causes
    Commentary NEW YORK—The biggest economic news of the year, so far, has been inflation—the highest in 40 years—and the Federal Reserve's (Fed's) efforts to fight it. And while there have ...
    June 25, 2022BY J.G. Collins
  • UN Chief Warns of Food Shortage ‘Catastrophe’
    UN Chief Warns of Food Shortage ‘Catastrophe’
    BERLIN—The head of the United Nations warned Friday that the world faces “catastrophe” because of the growing shortage ...
    June 25, 2022BY The Associated Press
  • Home Showings Across United States Fall 24 Percent, Mortgage Rates Remain Elevated
    Home Showings Across United States Fall 24 Percent, Mortgage Rates Remain Elevated
    Home showings across the United States have fallen, according to a report by the National Association of Realtors ...
    June 25, 2022BY Naveen Athrappully
  • US Recession Fears Darken Outlook for Global Growth
    US Recession Fears Darken Outlook for Global Growth
    WASHINGTON/LONDON/TOKYO—Manufacturing growth is slowing worldwide as China's COVID-19 curbs and Russia's invasion of Ukraine disrupt supply chains and ...
    June 25, 2022BY Reuters
  • 45 Housing Markets Have ‘Probability of a Price Decline,’ Says Research Firm
    45 Housing Markets Have ‘Probability of a Price Decline,’ Says Research Firm
    While home prices in the United States have appreciated by more than a third over the past two ...
    June 25, 2022BY Naveen Athrappully
  • Americans Become Deeply Pessimistic About Economy as Consumer Confidence Hits Record Low
    Americans Become Deeply Pessimistic About Economy as Consumer Confidence Hits Record Low
    American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index ...
    June 25, 2022BY Tom Ozimek
  • Philippine Central Bank Hikes Key Interest Rate for Second Time Amid Rising Inflation
    Philippine Central Bank Hikes Key Interest Rate for Second Time Amid Rising Inflation
    The Philippine Central Bank (BSP) raised its key interest rate for the second straight month to curb inflation, ...
    June 25, 2022BY Aldgra Fredly
  • IMF Slashes US Growth Forecast, Sees ‘Narrowing Path’ to Avoid Recession
    IMF Slashes US Growth Forecast, Sees ‘Narrowing Path’ to Avoid Recession
    WASHINGTON—The International Monetary Fund on Friday slashed its U.S. economic growth forecast as aggressive Federal Reserve interest rate ...
    June 25, 2022BY Reuters
  • ‘A Recession Is Inevitable’: Former New York Fed President
    ‘A Recession Is Inevitable’: Former New York Fed President
    William Dudley, the former president of the Federal Reserve Bank of New York, wrote this week in Bloomberg, that a ...
    June 25, 2022BY Bryan Jung
  • Crypto Winter Is Here
    Crypto Winter Is Here
    Commentary  It has been impossible to ignore crypto. From Bitcoin’s all-time high of $68,991.00 in November 2021 to ...
    June 25, 2022BY Chadwick Hagan
  • Japan’s Inflation Tops Central Bank’s Target for 2nd Month in Test of Monetary Stance
    Japan’s Inflation Tops Central Bank’s Target for 2nd Month in Test of Monetary Stance
    TOKYO—Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data ...
    June 25, 2022BY Reuters
  • US Mortgage Delinquency Rates Hit A Record Low In May
    US Mortgage Delinquency Rates Hit A Record Low In May
    The number of borrowers in a state of delinquency from not making their mortgage payments on time in ...
    June 25, 2022BY Bryan Jung
  • Goldman Sachs Warns Inflation Scare Ads Could Cause Self-Fulfilling Prophecy
    Goldman Sachs Warns Inflation Scare Ads Could Cause Self-Fulfilling Prophecy
    Goldman Sachs has warned investors that a midterm election season focused on inflation could prove to be a ...
    June 25, 2022BY Nicholas Dolinger
  • In Defense of Defaulting on the National Debt
    In Defense of Defaulting on the National Debt
    Commentary  With the acknowledged national debt now a politically and economically unpayable $30 trillion (in reality, its unfunded ...
    June 24, 2022BY Joseph Solis-Mullen and Mises Institute
  • US Retailers Facing a Potential Wave of Bankruptcies
    US Retailers Facing a Potential Wave of Bankruptcies
    The U.S. retail industry might be at the precipice of a massive wave of bankruptcies, according to multiple ...
    June 24, 2022BY Naveen Athrappully
  • US Business Borrowing for Equipment Rises 16 Percent in May: ELFA
    US Business Borrowing for Equipment Rises 16 Percent in May: ELFA
    U.S. companies borrowed 16 percent more in May to finance their investments in equipment compared to a year ...
    June 24, 2022BY Reuters
  • ‘More Shutdowns Will Follow’: North Carolina Logging Company Closes Due to Skyrocketing Fuel Costs
    ‘More Shutdowns Will Follow’: North Carolina Logging Company Closes Due to Skyrocketing Fuel Costs
    JACKSONVILLE, N.C.—Logging runs deep in Bobby Goodson’s lineage. A fourth-generational logger himself, Goodson told The Epoch Times that ...
    June 24, 2022BY Matt McGregor
  • US Complaints Against Airlines Soar as On-time Arrivals Fall
    US Complaints Against Airlines Soar as On-time Arrivals Fall
    WASHINGTON—U.S. consumers lodged more than quadruple the number of complaints against U.S. airlines in April compared with pre-pandemic ...
    June 24, 2022BY Reuters
  • Windfall Tax on Energy Firms Could Damage Investment: UK Industry Leader
    Windfall Tax on Energy Firms Could Damage Investment: UK Industry Leader
    The UK government’s decision to levy a windfall tax on energy firms could damage investment in the North ...
    June 24, 2022BY Alexander Zhang
  • Ron Paul Predicts Grim Future for Fed’s Inflation Saga
    Ron Paul Predicts Grim Future for Fed’s Inflation Saga
    Former Congressman and libertarian darling Ron Paul has spoken out in his weekly column to address the current ...
    June 24, 2022BY Nicholas Dolinger
  • Wall Street Opens Higher With Broad-Based Gains
    Wall Street Opens Higher With Broad-Based Gains
    Wall Street's main indexes opened higher on Friday as signs of slowing economic growth and falling commodity prices ...
    June 24, 2022BY Reuters
  • ‘Remarkable Drop’ in Demand for Goods and Services as Recession Fears Mount in America: S&P Economist
    ‘Remarkable Drop’ in Demand for Goods and Services as Recession Fears Mount in America: S&P Economist
    The demand for goods and services in the U.S. economy has suffered in recent weeks, S&P economist Chris ...
    June 24, 2022BY Naveen Athrappully
  • Labor Market Showing Signs of Cooling, Hourly Earning Increases Slowed: Wells Fargo
    Labor Market Showing Signs of Cooling, Hourly Earning Increases Slowed: Wells Fargo
    The labor market in the United States has cooled down in recent months and dropped to February 2021 levels, ...
    June 24, 2022BY Katabella Roberts
  • Fed Says Banks Can Handle ‘Severe’ Recession With 10 Percent Unemployment, 55 Percent Stock Meltdown
    Fed Says Banks Can Handle ‘Severe’ Recession With 10 Percent Unemployment, 55 Percent Stock Meltdown
    America's banks are resilient enough to withstand even a "severe" recession with unemployment soaring to 10 percent, the ...
    June 24, 2022BY Tom Ozimek
  • Dollar Stumbles as Markets Rethink Interest Rate Path
    Dollar Stumbles as Markets Rethink Interest Rate Path
    LONDON—The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders ...
    June 24, 2022BY Reuters
  • Oil up More Than $1 but Set for Second Weekly Drop on Recession Fears
    Oil up More Than $1 but Set for Second Weekly Drop on Recession Fears
    LONDON—Oil rose by more than $1 a barrel on Friday supported by tight supply, although crude was heading ...
    June 24, 2022BY Reuters
  • Stocks Temper Their Inflation Expectations on Copper Pounding
    Stocks Temper Their Inflation Expectations on Copper Pounding
    LONDON—World stocks headed for their first weekly gain in a month and Wall Street was set to open ...
    June 24, 2022BY Reuters
1 2 3 … 326 Next
TOP NEWS
  • Attorneys Continue to Joust in Maxwell Case Days Before Sentencing
    NEW By Dave Paone
    Attorneys Continue to Joust in Maxwell Case Days Before Sentencing
  • Protests Against Roe v. Wade Decision Continue in DC
    NEW By Nathan Worcester
    Protests Against Roe v. Wade Decision Continue in DC
  • Challengers Hope to Douse Popularity of Colorado’s Fiery Congresswoman Boebert 
    1hr By Nanette Holt
    Challengers Hope to Douse Popularity of Colorado’s Fiery Congresswoman Boebert 
  • Ghislaine Maxwell Placed on Suicide Watch
    2hr By Dave Paone
    Ghislaine Maxwell Placed on Suicide Watch
  • WHO Determines Whether Monkeypox is an International Public Health Emergency
    4hr By Marina Zhang
    WHO Determines Whether Monkeypox is an International Public Health Emergency
  • Vaccines for 6-Month-Olds ‘Makes Absolutely No Sense’: Dr. Jeffrey Barke
    7hr By Masooma Haq and Steve Lance
    Vaccines for 6-Month-Olds ‘Makes Absolutely No Sense’: Dr. Jeffrey Barke
  • More Than 900 Cases of Hepatitis of Unknown Origin Reported in Children, WHO Says
    8hr By Lorenz Duchamps
    More Than 900 Cases of Hepatitis of Unknown Origin Reported in Children, WHO Says
  • American Armstrong Takes 50m Backstroke Gold, McIntosh Wins 400m Medley
    9hr By Reuters
    American Armstrong Takes 50m Backstroke Gold, McIntosh Wins 400m Medley
  • The ‘Mount Everest’ of Bacteria Discovered in Caribbean Swamps
    9hr By Reuters
    The ‘Mount Everest’ of Bacteria Discovered in Caribbean Swamps
  • Health: Following a Mediterranean Diet Could Reduce Alzheimer's and Diabetes by up to 50 Percent
    9hr By Skylar Parker and Cynthia Zhang
    Health: Following a Mediterranean Diet Could Reduce Alzheimer's and Diabetes by up to 50 Percent
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