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WSJ Economy

China opened two probes into U.S. trade practices, keeping pressure on Washington ahead of President Trump’s visit to Beijing in May

WSJ Economy
3 months 3 weeks ago
The Chinese probes mirror new investigations by the U.S. that could raise tariffs on Chinese goods.
Hannah Miao

U.K. Consumer Sentiment Dampens as Iran War Provokes Inflation Worries

WSJ Economy
3 months 3 weeks ago
Consumer confidence fell to the lowest point since April last year as the Iran war prompted renewed fears over price rises and added to concerns about the strength of the economy.
Ed Frankl

Mortgage rates hit 6.38% on Thursday, about a month after falling below 6% for the first time in years

WSJ Economy
3 months 3 weeks ago
Rates hit 6.38% on Thursday, about a month after falling below 6% for the first time in years.
Nicole Friedman

World governments were buried in public debt of more than $100 trillion when the Iran war began—and it’s limiting their ability to cushion the effects of energy-price shocks

WSJ Economy
3 months 3 weeks ago
World governments had more than $100 trillion in public debt when the Iran war began—limiting their ability to cushion the effects of energy-price shocks.
Chelsey Dulaney

U.S. Jobless Claims Rose Slightly Last Week

WSJ Economy
3 months 3 weeks ago
The number of people who filed for unemployment benefits was 210,000 in the week through March 21, higher than the 205,000 reported a week earlier, the Labor Department said.
Jessica Coacci

Middle East Conflict to Push U.S. Inflation Sharply Higher, Says OECD

WSJ Economy
3 months 3 weeks ago
The research body lifted its inflation forecast for the U.S. to 4.2% from 3%, and said the global economy would suffer a large setback if energy prices stay high for a lengthy period.
Paul Hannon

Consumers around the U.S. say they are rejiggering their routines in efforts to slash their energy usage at home and on the road; such changes in behavior matter for a consumer-driven economy

WSJ Economy
3 months 3 weeks ago
They are borrowing Costco memberships, cutting back on nights out and skipping road trips. “You better watch your account to the penny.”
Rachel Wolfe

EU and Australia Sign Free-Trade Agreement, Security Deal

WSJ Economy
3 months 3 weeks ago
The European Union and Australia agreed to a free-trade deal and security partnership, the latest move by U.S. allies to rethink their economic and military relationships at a time of rapidly growing geopolitical uncertainty.
James Glynn

Americans are spending more than ever on manicures and doggy daycare

WSJ Economy
3 months 3 weeks ago
Consumers have plenty of cash to pay for all kinds of services, but rising prices are feeding into sticky inflation.
Konrad Putzier

Heard on the Street: Investors with a stomach for political risk can get 30% off the price of U.S. homes right now

WSJ Economy
3 months 3 weeks ago
A bill that would limit the activities of big housing investors has turned Wall Street landlords into a value play.
Carol Ryan

Polish Inflation Holding Near Target Despite Iran War, Gov. Glapinski Says

WSJ Economy
3 months 3 weeks ago
EXCLUSIVE: As investors jettisoned expectations for rate cuts in Europe following the outbreak of war in Iran, the National Bank of Poland lowered borrowing costs, underscoring its confidence inflation will remain contained.
Don Nico Forbes

Japan Companies Signal Biggest Wage Hike in 35 Years

WSJ Economy
3 months 3 weeks ago
Preliminary data from the nation’s largest labor union group showed that 1,100 members secured wage increases of 5.26% on average this year.
Megumi Fujikawa

Kevin Warsh promised to overhaul the Federal Reserve and cut rates. He is being greeted by rising inflation, an oil shock and a confirmation in limbo.

WSJ Economy
3 months 3 weeks ago
Kevin Warsh promised to overhaul the central bank and cut rates. He is being greeted by rising inflation, an oil shock and a confirmation in limbo.
Nick Timiraos

Small truck drivers in the U.S. are feeling some of the first economic effects of the rapid surge in the cost of diesel, and a broader economic impact could hit soon

WSJ Economy
3 months 3 weeks ago
Truck drivers in the U.S. are feeling some of the first economic effects of the rapid surge in the cost of diesel. A broader economic impact could hit soon.
Jared Mitovich

South Korean President Lee Jae Myung has nominated Shin Hyun-song, a senior Bank for International Settlements official, as the country’s next central bank governor

WSJ Economy
3 months 3 weeks ago
Shin Hyun-song will replace departing Bank of Korea Governor Rhee Chang-yong, whose four-year term ends next month.
Kwanwoo Jun

Young people, who are just starting their careers, are trying to figure out which professions will insulate them from AI’s impact—or what jobs will benefit from it

WSJ Economy
3 months 3 weeks ago
They’ve got their whole careers ahead of them, and they’re navigating a technology with a still-uncertain impact.
Rachel Wolfe

More would-be home sellers are renting out their houses and condos, unwilling to cut prices in a sluggish housing market

WSJ Economy
3 months 3 weeks ago
About 2.2% of rental listings on Zillow in November had previously been listed for sale, according to a Zillow analysis, the highest level since late 2022 when mortgage rates surged.
Nicole Friedman

Heard on the Street: An aging population can continue to fuel hiring in healthcare even if the rest of the economy wobbles

WSJ Economy
3 months 3 weeks ago
An aging population can continue to fuel hiring in healthcare even if the rest of the economy wobbles.
David Wainer

Some of the greatest American movies, music and books came out during the Great Depression. It was a golden age of escapism.

WSJ Economy
3 months 3 weeks ago
Movies and other forms of entertainment thrived in tough economic times by appealing to people’s need for escapism.
Andrew Blackman

A Fed rate increase, once unthinkable, has become thinkable thanks to stubborn inflation, Iran and a resilient economy, @greg_ip writes

WSJ Economy
3 months 3 weeks ago
A rate increase, once unthinkable, has become thinkable thanks to stubborn inflation, Iran and a resilient economy.
Greg Ip
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