Harvard economist and former Treasury Secretary Larry Summers fears Trump’s economic proposals and penchant for trade wars could lead to a serious bout of stagflation—the toxic...
With persistent inflation, war-induced energy price shocks, and rising geopolitical tensions gripping the global economy over the past four years, some of Wall Street’s most-respected names...
“Spaving,” or spending more to save more, has become a dangerous habit for cash-strapped Americans amid elevated inflation and mounting debt. Though inflation eased in April,...
Inflation is the word this week, and Wall Street is set to get its next data set Wednesday. April’s consumer price index reading is slated for...
Jitalia17 | E+ | Getty Images Series I bonds will pay 4.28% annual interest from May 1 through October 2024, the U.S. Department of the Treasury...
A person works on a Bowlus recreational vehicle at Bowlus’ factory in Oxnard, California, Feb. 23, 2024. Timothy Aeppel | Reuters The March nonfarm payrolls count...
Corporate profits hit record highs in the fourth quarter of last year. But corporations aren’t the only ones riding high: The supercharged bottom lines of America’s...
Germany is in recession and its economy will hardly grow this year, according to a Bloomberg survey. Gross domestic product will contract 0.1% in the first...
IKEA lowers prices on items worldwide. Nurphoto | Nurphoto | Getty Images Swedish home and furniture company Ikea has been cutting prices across a number of...
Donald Trump prides himself on his economic record in office, yet Nouriel Roubini warns his re-election would deal a blow to global growth, stoke inflation, and...