Stocks Rise as Investors Look to Fed Meeting
U.S. stock indexes notched big monthly gains, offering a reprieve for investors after a bruising 2022.
Cooler Pay Gains Add to Debate on When Fed Might Pause Rate Hikes
Wage and benefit data leaves the central bank on track to slow interest-rate increases again this week.
Home Prices Fall for Fifth Straight Month
The Case-Shiller index declined 0.6% in November, as higher mortgage-interest rates made home purchases less affordable for home buyers.
Consumer confidence slips at start of 2023 as U.S. recession worries grow
A survey of U.S. consumer confidence slipped in January, reflecting growing worries about a recession as rising interest rates and high inflation degrade the economy.
Black Swan Manager Preps for Financial 'Time Bomb'
After an epic 15-year run, hedge fund Universa's Mark Spitznagel says the financial system is poised for a crisis-eventually.
Eurozone Economy Outpaced China and U.S. in 2022
The figures underline how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.
China's Consumers Drive Rebound in Economic Activity
The depth and duration of the nation's recovery face challenges even as Covid-19 appears to be waning, economists say.
IMF Upgrades Outlook for Global Economy
Easing inflation and China's reopening should allow the global economy to grow a bit faster than previously expected, the international lender said.
Talking Markets: Further Hefty ECB Rate Hikes May Follow This Week's Increase
Further significant interest-rate rises are likely to be on their way after the ECB delivers what is widely expected to be a 50 bps increase on Thursday as policymakers focus on reducing high levels of inflation.
EU Readies Plan to Compete With U.S. Green Subsidy Push
The European Union wants to make it easier for governments to dole out tax breaks and other aid to clean-tech companies, part of a push to counter U.S. subsidies that officials worry will draw investment away from Europe.
(END) Dow Jones Newswires
01-31-23 1915ET
