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Will Inflation Keep Slowing? The Key Areas to Watch

President Biden has openly celebrated recent inflation reports, and Federal Reserve officials have also breathed a sigh of relief as rapid price gains show signs of losing steam.But the pressing […]




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U.S. Consumers Are Showing Signs of Stress, Retailers Say

Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on […]







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Chinese Confidence Hits Low Point Because of Nation’s Economic Troubles

When their government abruptly ended its harsh Covid measures in December, many Chinese expected a robust rebound from pent-up demand. Eight months later, China is instead facing an accumulation of […]




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China Faces a Crisis in Its Real Estate Sector

A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed […]







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Is Good News Finally Good News Again?

Good news is bad news: It had been the mantra in economic circles ever since inflation took off in early 2021. A strong job market and rapid consumer spending risked […]







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Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling

Wage growth slowed this spring, the latest sign that the Federal Reserve might be succeeding in its effort to engineer a “soft landing” for the U.S. economy.Overall compensation costs, including […]




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GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]