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WSJ Economy

Boston Fed President says she sees no strong need for another interest-rate cut next month, underscoring the challenge that Fed Chair Jerome Powell faces in building consensus

WSJ Economy
7 months 3 weeks ago
The remarks from Boston Fed President Susan Collins come a day after another another Fed official said there is room for a cut—showing the challenge Fed Chair Jerome Powell faces in trying to build consensus.
Matt Grossman

Thanksgiving might actually be cheaper this year 

WSJ Economy
7 months 3 weeks ago
Turkey, stuffing and cranberry prices are all lower, but skip the yams. Sweet potato prices have skyrocketed.
Kirk Maltais

An MIT graduate student rocketed to fame with an intriguing paper on AI in the workplace. Soon his mentors were asking: Had he made it all up?

WSJ Economy
7 months 3 weeks ago
Aidan Toner-Rodgers shot to academic fame in a field hungry for new insights and revelatory research. But a computer scientist thought something seemed off.
Kevin T. Dugan

President Trump said this week he expects lower interest rates once he can install a new Fed chair in May, but rising opposition to a December rate cut inside the central bank suggests he might not get his way

WSJ Economy
7 months 3 weeks ago
President Trump expects his next Fed chair to lower rates, but growing internal opposition shows the limits of a leadership change—and threatens to end decades of consensus.
Nick Timiraos

Canadian Retail Trade Remains Soft After Fall in September

WSJ Economy
7 months 3 weeks ago
Flat sales seen by Canadian retailers in October point to cracks in the consumers’ resilience as the fallout from the trade war with the U.S. lingers.
Robb M. Stewart

BLS Won’t Publish October Inflation Report

WSJ Economy
7 months 3 weeks ago
The federal government will instead publish limited October price numbers together with November data with a delayed release on Dec. 18, the BLS said.
Matt Grossman

Week Ahead for FX, Bonds: U.K. Autumn Budget, U.S. Data In Focus

WSJ Economy
7 months 3 weeks ago
The U.K. autumn budget will take center stage in the week ahead. In the U.S., uncertainty around the Federal Reserve’s next interest-rate decision in December means markets will be scrutinizing data.
Dow Jones Newswires staff

Consumer Sentiment Fell in November, Michigan Survey Shows

WSJ Economy
7 months 3 weeks ago
The survey’s headline index dropped to 51, hovering near one of the lowest levels in the monthly poll’s history.
Matt Grossman

New York Fed President John Williams said another interest-rate cut “in the near term” could be warranted

WSJ Economy
7 months 3 weeks ago
Market expectations of a December rate reduction jumped after a top ally of the Fed chair countered recent opposition to a cut.
Nick Timiraos

U.S. Business Activity Accelerates as Government Shutdown Ends

WSJ Economy
7 months 3 weeks ago
The S&P Global Flash U.S. Composite PMI rose to 54.8, reflecting improved hopes for the year ahead on expectations of lower interest rates and as political concerns waned.
Ed Frankl

After nearly five years of high prices, many middle-class earners are weary. Wasn’t life supposed to be more affordable by now?

WSJ Economy
7 months 3 weeks ago
Workers are growing tired of an economy in which everything seems to get more expensive.
Rachel Louise Ensign

Eurozone Business Activity Continues Growth Despite Manufacturing Hit

WSJ Economy
7 months 3 weeks ago
Activity continued to grow in November but at a slightly slower pace, hurt by lingering weakness in the manufacturing sector.
Ed Frankl

Europe Must Look Inward to Drive Growth, ECB’s Lagarde Says

WSJ Economy
7 months 3 weeks ago
The continent must move away from a growth model that is driven by exports, the European Central Bank president said.
Paul Hannon

U.S. job growth defied expectations in September

WSJ Economy
7 months 3 weeks ago
Job growth accelerated in the month heading into the government shutdown.
Harriet Torry

Home sales rose to an eight-month high in October, signaling how even a small decline in mortgage rates will attract some buyers back to the market

WSJ Economy
7 months 3 weeks ago
Falling mortgage rates spurred more activity in the beleaguered housing market, with sales moving higher for the second consecutive month.
Nicole Friedman

Philadelphia Area Factory Activity Falls Back Slightly

WSJ Economy
7 months 3 weeks ago
Manufacturing activity in the Philadelphia region contracted slightly this month, contrary to expectations it would grow, as new orders and shipments struggled.
Ed Frankl

South African Reserve Bank Lowers Main Repo Rate to 6.75%

WSJ Economy
7 months 3 weeks ago
The central bank reduced the key interest rate on the back of expectations for inflation to tick lower amid higher growth.
Alexandra Wexler

Swiss Watch Exports Continue on Downward Trend in U.S. Tariff Fallout

WSJ Economy
7 months 3 weeks ago
Total exports of the timepieces dropped 4.4% in October compared with the same period last year, driven by a U.S. slump.
Andrea Figueras

Divisions over whether the Federal Reserve should cut interest rates next month deepened at officials’ October meeting

WSJ Economy
7 months 4 weeks ago
The central bank’s most recent meeting featured “strongly differing views” over what the Fed should do next month.
Nick Timiraos

Trade Deficit Declined in August, Delayed Figures Show

WSJ Economy
7 months 4 weeks ago
The U.S. trade deficit shrank in August, the Commerce Department said, giving a delayed look at how tariffs were shaping international trade flows over the summer.
Matt Grossman
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