WSJ Economy

More officials pointed to the artificial intelligence build-out as a source of persistent inflationary pressures at Chairman Kevin Warsh’s first meeting, minutes released Wednesday showed.

Global growth forecast is trimmed slightly, but it no longer warns of a prolonged war triggering a world recession.

Plans to begin publishing a Canadian insights report tracking wage trends based on anonymized payroll data representing about 1 million workers in the country.

The Reserve Bank of New Zealand raised interest rates Wednesday in what appeared to be a tentative move by policy makers to combat nagging inflation pressures.

American-made exports dropped 3.2%, led by a large decline in gold sales to overseas buyers, the Commerce Department said.

The country has now racked up trade surpluses three months running as exports have rebounded following a weak start to the year.

Overseas investment by businesses rose and was increasingly steered by governments toward a small number of strategic sectors.

Inflation expectations in Canada zoomed upward in the second quarter due to the anticipated impact on elevated energy costs from the conflict in Iran.

The Institute for Supply Management’s purchasing managers index for services providers was 54 in June compared with 54.5 in May. Economists polled by The Wall Street Journal expected a reading of 54.3.

Eurozone retail sales rebounded in May, highlighting a brighter outlook for consumer demand, driven by sales of food, drinks and tobacco.

Orders rose 1.9% on month, showing tentative signs of stabilizing despite continued uncertainty from the Middle East conflict.

Germany before World War I provoked backlash because of its rise in exports and overproduction, similar to China today.

Midsize companies that employ millions of workers are now shedding jobs and relocating overseas to cut costs.

Checks, balances and trust in personal agency made the U.S. a haven for entrepreneurs and wealth creation.

The minutes to the Federal Reserve’s latest meeting are likely to be the highlight as investors look for further clues on whether and when interest rates could rise.

Prices at the pump are still elevated, but pressure is easing, leaving more money to spend on road-trip fun.

June data was underwhelming. But today’s job market is much less concerning than it was six months ago.

The U.S. economy added fewer jobs than expected in June, with job gains cooling from a strong spurt this spring. The unemployment rate fell to 4.2% in June.

The S&P Global Canada manufacturing purchasing managers index edged upward to 53.0 in June, from 52.9. This marks the third straight month above the 50 threshold—which signals expansion among the country’s manufacturers.

The measures are a political gamble for a government that has seen its ratings plummet in the past year.