U.S. Jobless Claims Rose Last Week to Near High for Year – WSJ
Worker filings for unemployment benefits rose last week, holding close to the highest level of the year as the U.S. labor market showed several signs...
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An anatomy of this year’s market mayhem – The Economist
After a frantic sell-off in the first half of the year, investors are taking a breather. The S&P 500 index of American stocks, for instance,...
The party is over at Robinhood. But meme mania lingers – CNN
Robinhood got off to a rocky start when it made its Wall Street debut one year ago, but hopes for the buzzy trading app were...
Does high inflation matter? – The Economist
It started in America, but the surge in inflation has spread to the rest of the rich world. Consumer prices across the OECD club of...
BOE Weighs Historic Rate Rise and Recession Risk – Bloomberg
The Bank of England on Thursday is expected to push through the biggest interest rate increase in 27 years despite growing risks of a recession....
Americans are piling up credit card debt as they struggle to keep up with the high cost of living – CNN
Americans are piling up credit card debt as they struggle to keep up with the high cost of living. US household debt surpassed $16 trillion...
Why Are Businesses Still Hiring as Recession Risks Mount? – WSJ
After a banner year, Bird-in-Hand Family Inn in Lancaster County, Pa., is feeling the effects of a slowing economy.Higher gas prices, elevated inflation and economic...
Here’s why gas prices are sinking – CNN
Prices at the pump continue to sink, providing relief to inflation-weary consumers and an economy mired in a slowdown. The national average for regular gasoline...
Dr. Fauci: If you aren’t up-to-date on Covid vaccines and boosters, you’re ‘going to get into trouble’ – CNBC
If you aren’t up-to-date on your Covid vaccines or booster shots, Dr. Anthony Fauci has a stark warning for you: Get those doses now, or...
Inflation will soar to ‘astronomical’ levels over next year, thinktank warns – The Guardian
Inflation will soar to “astronomical” levels over the next year forcing the Bank of England to raise interest rates higher and for longer than previously...