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Voters See a Bad Economy, Even if They’re Doing OK

The fastest inflation in four decades has Americans feeling dour about the economy, even as their own finances have, so far, held up relatively well.Just 10 percent of registered voters […]







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Inflation Soared in June, Pinching Consumers and Challenging Policymakers

Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher-than-expected reading and bad news for Americans at a moment when their […]




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Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession, the pressures bearing down on the […]




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Relief Eludes Many Renters as Fed Raises Interest Rates

Already, new home construction has dropped sharply as borrowing costs climb, declining 14.4 percent in May to the lowest rate in more than a year. Early data suggest that apartment […]




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Biden Seeks Price Cap on Russian Oil Amid Fears of Gas Shock

WASHINGTON — Relief at the gas pump coupled with this past week’s news that businesses continue to hire at a blistering clip have tempered many economists’ fears that America is […]




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Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase

A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings reach a fever pitch. But that development, while good news for the […]







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Fed Moves Toward Another Big Rate Increase as Inflation Lingers

WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of the American economy, is steering toward another three-quarter-point interest rate increase later […]




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Gas Prices Around the World Threaten Livelihoods and Stability

“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the […]