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Business

Tallying the Costs of the Israel-Gaza War

The price of crude oil has risen and global markets are under pressure as the death toll exceeds 1,100 and…

Business

When Did Cashing Savings Bonds Become So Impossible?

Citing potential fraud, banks are making it increasingly difficult to pay out savings bonds. An unlikely beneficiary is the federal…

Business

A Plot to Oust the House Speaker Hits Weary Investors

Matt Gaetz’s move to unseat Kevin McCarthy is adding volatility to equity and bond markets.

World

How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the…

Business

Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over

Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the central bank’s…

Business

One Year Later, Powell Faces a Changed Economy and Market

Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation.…

World

Why It’s So Hard for China to Fix Its Real Estate Crisis

Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make…

Business

U.K. Inflation Eases to 6.8% as Energy Prices Fall

The News Inflation in Britain rose last month at its slowest pace in more than a year, driven largely by…

Business

Lebanon Freezes Accounts of Former Central Bank Governor

The action comes days after a U.S.-led coalition accused Riad Salameh of decades of corruption to enrich himself at the…

World

China Stocks Slump as Economic Gloom Spreads

A string of worrying data has taken the fizz out of markets.

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