A Recession Is No Longer the Consensus
Economists are turning optimistic on the U.S. economy. They think the Fed is done raising interest rates and inflation will continue to ease.
A Soft Landing in the U.S. Could Be Hard for Everyone Else
Conflict in the Middle East, surging global interest rates and elevated oil prices threaten a fragile recovery.
These Companies Are Being Squeezed by Higher Rates
Surging interest expenses are wiping out profits for some issuers of risky loans.
Trader's Case Tests DOJ's Policing of Global Currency Market
London hedge-fund manager, facing trial Monday on market-manipulation charges, says trading was part of lawful bet on South African currency.
Why the U.S. Government Has $5 Billion in Bitcoin
Uncle Sam's stash was seized from cybercriminals and darknet markets. What the U.S. does with its bitcoin could cause ripple effects in the digital-asset market.
Gas Prices Fueled Summer Inflation. That Is About to Change.
Prices at the pump are tumbling, even as war rages in the Middle East.
Nasdaq Falls to End Week After Volatile Session
Dow, S&P 500 book gains for the week; Treasury yields fall
U.S. and Europe Clash Over Trump-Era Tariffs
The Biden administration's reluctance to unwind tariffs on metals imposed by the former president clouds trans-Atlantic ties.
Analysis: U.S. Consumers' Spending Power at Risk Amid Israel-Hamas War
The war between Israel and Hamas has sparked fresh volatility in oil markets, and analysts suspect the conflict will weigh further on the spending power of U.S. consumers.
U.S. Could See 4.5% Unemployment in 2024, Philadelphia Fed's Harker Says
The Federal Reserve should hold interest rates steady as the U.S. faces the potential for job cuts, though not mass layoffs, a top central bank official said Friday.
(END) Dow Jones Newswires
10-15-23 2115ET
