Inflation Takes Biggest Bite From Middle-Income Households – WSJ
Inflation is often called a tax on the poor, but this time it’s hit middle-income households the hardest. Many low-income households, benefiting from exceptionally low
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Consumers kept the economy hot in 2022. Now they’re losing steam – CNN
For a year that held promise of a return to normalcy, 2022 threw plenty of curve balls at the American consumer. Supply chains remained in
The Global Economy’s Turbulent Year in Five Charts
Coupled with rapid and persistent inflation, particularly for food and energy, these headwinds weighed on growth and dimmed our forecasts. Our Chart of the Week
PODCAST: How to Fix Your Personal Finances for 2023
As inflation continues to weigh on people’s finances, there are moves you can make now to streamline your expenses and put your portfolio in a
Is a Global Recession Really Around the Corner?
While there are signs that the “everything bubble” is about to burst, leading economists’ predictions that the world economy is headed toward a major slump
The changes at work in 2022 that will last — thank God
This being the end of another year, the world is fairly bursting with lists of what happened in the past 12 months and what looms
Good news on inflation: The Fed’s favorite gauge shows price increases are moderating – CNN
The trend is clear: Inflation is cooling off in America. The Federal Reserve’s preferred measurement of inflation showed price increases continued to moderate in November,
Most supply chain managers expect problems to continue at least through 2024 – CNBC
More than half of logistics managers at major companies and trade groups say they do not expect the supply chain to return to normal until
How tech’s defiance of economic gravity came to an abrupt end – The Economist
Whatever the economic weather, the sun always seemed to shine on Silicon Valley. America’s five largest technology companies—Apple, Microsoft, Alphabet, Amazon and Meta—saw their revenues
Massive Government Borrowing Looms Over European Markets – WSJ
Investors are bracing for European governments, led by Germany, to flood the market with new debt next year as they spend heavily to shield their