Jerome Powell's Inflation Whisperer: Paul Volcker
Aiming to reduce inflation even at the risk of recession, the Fed Chairman draws on a 1980s playbook. "We must keep at it until the job is done."
Stocks Wobble as Investors Await Fed Meeting This Week
U.S. stock benchmarks swung between small gains and losses to kick off the trading week, as investors looked ahead to the Fed's interest-rate decision Wednesday and fretted about the health of the U.S. economy.
Global Trade Flows Fall, Signaling Slowdown
An early indicator of trade flows developed by The Wall Street Journal pointed to a 2.8% fall in July, an indication that global demand for goods is slowing as high energy prices and rising interest rates weaken household spending power.
Rising Bond Yields Change the Calculus for Stocks
Whether markets get any reprieve from their recent selloff depends in part on what happens at the Fed meeting.
Private Drillers Are Hitting Their Limits
Smaller producers in the hottest U.S. oil patch are pulling back, after harvesting many of their best locations.
What Should Have Been a Great Year for Gold Isn't
The yellow metal is supposed to be a haven when stocks are a mess, but it is down almost 8% this year.
Dollar's Rise Spells Trouble for Global Economies
The currency's strength is being felt in the fuel and food shortages in Sri Lanka; in Europe's record inflation and in Japan's exploding trade deficit.
The Most Convenient Inflation Haven
Convenience stores rely on impulse, small-ticket purchases, making them a good shelter in retail.
In a Slowing Housing Market, Sellers Ask: Why List a Home When You Can Collect Rent?
Higher mortgage-interest rates have reduced home-buying demand, while rents for single family-homes have soared in recent years.
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