Finance
Holiday Spending Increased, Defying Fears of a Decline
Despite lingering inflation, Americans increased their spending this holiday season, early data shows. That comes as a big relief for...
Red Sea Shipping Halt Is Latest Risk to Global Economy
The attacks on crucial shipping traffic in the Red Sea straits by a determined band of militants in Yemen —...
Fed’s Preferred Inflation Gauge Eased in November
A closely watched measure of inflation cooled notably in November, good news for the Federal Reserve as officials move toward...
U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
The Biden administration is quietly signaling new support for seizing more than $300 billion in Russian central bank assets stashed...
Choice Hotel Franchise Owners Push Back on Merger With Wyndham
When Patrick Pacious, the chief executive of a large portfolio of hotel brands, promoted a blockbuster attempt to acquire a...
Southwest Airlines Reaches Deal With Pilots Union
Southwest Airlines and its pilots union have reached a tentative deal on a new, five-year labor contract that would raise...
What Social Trends Taught Us About the 2023 Economy
This year, the world learned that some men just can’t stop thinking about the Roman Empire. Over here at The...
Wall Street’s Bond ‘Vigilantes’ Are Back
Typically, the esoteric inner workings of finance and the very public stakes of government spending are viewed as separate spheres.And...
The Debt Problem Is Enormous, and the System for Fixing It Is Broken
Martin Guzman was a college freshman at La Universidad Nacional de La Plata, Argentina, in 2001 when a debt crisis...
High Housing Prices May Pose a Problem for Biden
Cameron Ambrosy spent the first weekend of December going to 10 open houses — purely for research purposes. The 25-year-old...
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