Posted on

How the Dollar Is Beating Stocks and Bonds and Hurting Big Companies

These are rocky times for most investments. But it has been a wonderful stretch for the dollar.You may not have noticed if you haven’t traveled abroad and exchanged dollars for […]




Posted on

Fed Raises Interest Rate Half a Percentage Point, Largest Increase Since 2000

Deciding how quickly to remove policy support is a fraught exercise. Central bankers are hoping to move decisively enough to arrest the pop in prices without curbing growth so aggressively […]




Posted on

The Fed Wants to Fight Inflation Without a Recession. Is It Too Late?

The Federal Reserve is poised to set out a path to rapidly withdraw support from the economy at its meeting on Wednesday — and while it hopes it can contain […]




Posted on

The Era of Cheap and Plenty May Be Ending

Ford Motor, which has grappled with pandemic supply chain issues, is working on making its own batteries — including in America. “In the medium and long term, securing raw materials, […]




Posted on

As Stocks Fall, Economic Fears Rise, Along With Inflation

Broadly speaking, earnings reports have shown that profit growth continues, and results from some big firms, like Microsoft and Facebook’s parent, Meta Platforms, did briefly ease the panic on Wall […]




Posted on

Rising Economic Fear Batters Wall Street

But in April, Fed officials began to shift their view, expressed in speeches and other public comments, on how quickly interest rates will have to rise to get inflation under […]




Posted on

College-Educated Workers Help Unionize Places Like Starbucks

Over the past decade-and-a-half, many young, college-educated workers have faced a disturbing reality: that it was harder for them to reach the middle class than for previous generations. The change […]




Posted on

Will President Biden Forgive Student Loan Debt?

Justin Nelson’s letter, one of the thousands that arrived at the White House this month, said he was proud to vote for President Biden back in 2020. Now he had […]







Posted on

Rapid Inflation, Lower Employment: How the U.S. Pandemic Response Measures Up

The United States spent more aggressively to protect its economy from the pandemic than many global peers, a strategy that has helped to foment more rapid inflation — but also […]