BankingU.K. Inflation Unexpectedly Rebounded in December, Raising Questions for Bank of England — UpdateJanuary 17, 202427U.K. consumer prices accelerated unexpectedly in December, driven by new taxes on tobacco products, potentially pushing out calls for interest-rate...
FundsU.S. national debt hits record $34 trillion ahead of funding fight in CongressJanuary 2, 2024110WASHINGTON — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political...
BankingEU banks fear new clearing minimums could be rushed throughDecember 28, 2023145European bankers are concerned that the European Securities and Markets Authority could be given powers that would force them to...
EconomyEconomy still appears headed for recession, U.S. leading index signalsDecember 21, 202397Last Updated: Dec. 21, 2023 at 11:34 a.m. ET First Published: Dec. 21, 2023 at 10:18 a.m. ET The numbers: The...
BankingThe Bank of Japan’s Early Warning for the U.S.November 2, 202367Obsessing over the Federal Reserve is understandable, but the Bank of Japan’s decision this past week to relinquish control over...
MortgagesMany Mortgages Are Still Below 4%. The Rate Is Handcuffing Homeowners.October 29, 202326Mortgage rates are at their highest level in 23 years. Many U.S. homeowners who have locked-in their costs, however, have...
MortgagesHOME-MORTGAGE LENDING REVIVES ACROSS U.S. IN THE SECOND QUARTER OF 2023August 31, 202333Residential Loans Up 21 Percent Following Eight Straight Quarterly Declines;Purchase Lending Leads the Way, Spiking 29 Percent;Refinance and Home-Equity Activity...
EconomyU.S. Economy Weakens in August as Stagnation Rears Head, PMIs SuggestAugust 23, 202340Published: Aug. 23, 2023 at 10:06 a.m. ET By Ed Frankl Business activity in the U.S. rose at a weaker...
CurrenciesOpinion: The debt supercycle that hit the U.S. and Europe has now come for ChinaAugust 21, 202365The 2008 financial crisis in the United States kicked off a debt supercycle, which spread to Europe in 2010 and has...
Stock MarketStock Market Slides as Treasury Yields Rise. What to Watch Next.August 18, 202352Everyone likes a good competition—except when it’s hammering the stock market.With yields rising, stocks have real competition from bonds in...