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WSJ Economy

India’s Central Bank Holds Rates as Iran Crisis Keeps Risks High

WSJ Economy
1 month 1 week ago
The Reserve Bank of India held interest rates steady at 5.25% but lowered its growth forecasts and increased its inflation projections.
Fabiana Negrin Ochoa

Fitch Cuts Global Growth Outlook in Latest Downgrade to Capture Mideast Impact

WSJ Economy
1 month 1 week ago
The oil shock triggered by the U.S.-Iran conflict has damaged the global economy’s prospects, Fitch Ratings warned.
Fabiana Negrin Ochoa

Tax the billionaires? Or don’t kill the golden goose? Here are the income-inequality fixes that our economists recommend

WSJ Economy
1 month 1 week ago
We asked economists from across the political spectrum for their policy prescriptions. Their suggestions run the gamut.
Andrew Blackman

Many affluent baby boomers told the WSJ they are regularly giving their kids and grandkids smaller financial gifts now—instead of one big inheritance

WSJ Economy
1 month 1 week ago
We wrote about how older Americans are accumulating trillions in wealth for themselves. Readers told us that wasn’t the full story.
Rachel Louise Ensign

U.S. Jobless Claims Rose Last Week

WSJ Economy
1 month 1 week ago
U.S. jobless claims rose to 225,000 last week, but the level was still within a range consistent with a healthy labor market.
Jessica Coacci

Technology Sector Leads U.S. Layoff Plans

WSJ Economy
1 month 1 week ago
U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions.
Jessica Coacci

Irish Economy Likely to Pull Eurozone Into Contraction

WSJ Economy
1 month 1 week ago
GDP was 12.1% smaller in the three months through March than it was in the previous quarter, according to Ireland’s Central Statistics Office.
Paul Hannon

Swiss Inflation Holds Steady Ahead of SNB Meeting

WSJ Economy
1 month 1 week ago
Swiss inflation was unchanged in May, reinforcing the view that the Swiss National Bank is unlikely to raise interest rates later this month.
Ed Frankl

Months after the Supreme Court struck down President Trump’s most sweeping global tariffs, the administration said it would levy new tariffs using a different legal mechanism

WSJ Economy
1 month 2 weeks ago
Will the administration’s new attempt to impose broad tariffs stick?
Chao Deng

Logan: Fed May Need to Hike Interest Rates This Year to Confront Inflation

WSJ Economy
1 month 2 weeks ago
Dallas Fed President Lorie Logan gave one of the most direct warnings yet from a U.S. central banker that the Federal Reserve may need to tighten monetary policy.
Matt Grossman

Energy Costs Continue to Feed Inflation, Fed’s Beige Book Shows

WSJ Economy
1 month 2 weeks ago
U.S. businesses endured another month of energy-driven price increases and economic uncertainty in the third month of the Iran conflict, according to a recent survey from the Federal Reserve.
Jessica Coacci

The U.S. has proposed tariffs of at least 10% on many trading partners following an investigation into goods allegedly produced by forced labor

WSJ Economy
1 month 2 weeks ago
The Office of the U.S. Trade Representative said products of Canada, Mexico, Taiwan, the EU and the U.K., among other countries, would face a 10% duty.
Kim Mackrael

ADP Says Private-Sector Hiring Stayed Strong Last Month

WSJ Economy
1 month 2 weeks ago
Private companies added a net 122,000 jobs in May, ADP said, compared with 105,000 additions in April and economists expectations of 110,000 new jobs.
Matt Grossman

Bank of Japan Could Raise Rates Even If Mideast Uncertainty Persists

WSJ Economy
1 month 2 weeks ago
Japan’s central bank could look past Middle East uncertainty and raise interest rates if inflation becomes a bigger threat to the economy than the risk of slowing growth, Gov. Kazuo Ueda said.
Megumi Fujikawa

OECD Warns of Severe Global Slowdown if Middle East Conflict Is Prolonged

WSJ Economy
1 month 2 weeks ago
Should the disruption to energy production and shipping stretch well into next year, global growth could slide to 2.1% in 2026—the weakest this century outside 2009 and 2020.
Paul Hannon

Fed Chairman Kevin Warsh has tapped two outside associates to advise him, one of whom previously helped write a conservative blueprint that recommended a radical restructuring of the central bank

WSJ Economy
1 month 2 weeks ago
One of the new advisers to the new Fed chairman previously helped write a chapter for Project 2025, the conservative policy blueprint, that recommended a radical restructuring of the central bank.
Nick Timiraos

U.S. Job Openings Increased While Hiring Fell in April

WSJ Economy
1 month 2 weeks ago
U.S. job openings increased to 7.6 million in April, from 6.9 million in March. Meanwhile, the hiring rate worsened to 3.2% in April from 3.5% in March, with about 5.1 million Americans landing new jobs in April.
Jessica Coacci

Swiss Watch Exports Tumbled in April as U.S. Tariff Volatility Persists

WSJ Economy
1 month 2 weeks ago
Total exports in April were around 17% down compared with a year prior due to a pronounced decline in U.S.-bound shipments.
Andrea Figueras

Berkshire Hathaway’s $6.8 billion deal to acquire a major home builder reflects its conviction that the housing market will shake off its long slump and recover as it always has

WSJ Economy
1 month 2 weeks ago
Under its new chief executive, Greg Abel, Berkshire raises its bet on a market recovery by adding another housing company to its portfolio.
Krystal Hur

Some 51% of U.S. adults feel financially “conflicted,” experiencing both stability and uncertainty, according to a new survey

WSJ Economy
1 month 2 weeks ago
In a poll, more than half of respondents consider themselves financially “conflicted.”
Dalvin Brown
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