Finance
Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds
American households struggled to cover some day-to-day expenses in 2023, including rent, and many remained glum about inflation even as...
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
A congressional investigation found that BMW, Jaguar Land Rover and Volkswagen purchased parts that originated from a Chinese supplier flagged...
Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How
France and Germany’s recent agreement to develop a new multibillion-dollar battlefield tank together was immediately hailed by the German defense...
U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
The United States and Europe are coalescing around a plan to use interest earned on frozen Russian central bank assets...
A Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After suffering a setback at two Mercedes-Benz plants in Alabama on Friday, the United Automobile Workers union’s efforts to organize...
Walmart Opens the Year With Stronger Sales and Profit
The NewsWalmart, the largest retailer in the United States, on Thursday reported higher sales and profit in the first quarter,...
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
There’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.”It stands for owner’s...
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, reiterated that policymakers were poised to hold interest rates steady at a high...
High Interest Rates Are Hitting Poorer Americans the Hardest
High interest rates haven’t crashed the financial system, set off a wave of bankruptcies or caused the recession that many...
What Forecasters Say About Interest Rates (and Why They Disagree)
How soon is soon? Or exactly how much later is later?As the year started, there was a widespread view among...
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