Finance
IMF Upgrades Global Economic Outlook as Inflation Eases
WASHINGTON — The International Monetary Fund said on Monday that it expected the global economy to slow this year as...
Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
Washington’s debt limit drama has Wall Street betting that the United States will employ a fallback option to ensure it...
Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers
About a year ago, the used-car business was a rollicking party. The coronavirus pandemic and a global semiconductor shortage forced...
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
Federal Reserve officials are widely expected to raise interest rates by a quarter point at their meeting this week, further...
Netherlands and Japan Said to Join U.S. in Curbing China’s Access to Chip Tech
WASHINGTON — The Netherlands and Japan, both makers of some of the world’s most advanced equipment for manufacturing semiconductors, agreed...
When Private Equity Came for the Toddler Gyms
Changes didn’t take long. Within weeks, long-tenured headquarters employees started leaving. In conversations with franchisees across the country, numerous owners...
Consumer Spending Slid Again in December
Consumer spending dropped in December for the second month in a row, as consumers retrenched after a bumpy year colored...
A Closely Watched Measure of Inflation Slowed in December
The Federal Reserve’s preferred inflation index climbed 5 percent in the year through December, a notable slowdown from November and...
U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
“Resilience is a good thing in many ways, but it’s also something that makes things harder for the Federal Reserve...
Biden Set to Hammer House Republicans on the Economy
WASHINGTON — President Biden was set on Thursday to assail House Republicans over their tax and spending plans, including potential...
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