Don't be fooled by rising consumer price data, take a peek behind the numbers
US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. That compares to 3% in June.
2023-08-11 19:59
Hard Landing Is Here for Trade, Roiling World Export Champs
Supply Lines is a daily newsletter that tracks global trade. Sign up here. As economists gauge the likelihood
2023-08-11 19:53
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger
2023-08-11 19:45
Asian companies earnings estimates get boost from consumption hopes
By Gaurav Dogra and Patturaja Murugaboopathy Analysts are raising earnings estimates for Asian companies for the first time
2023-08-11 19:29
Maui Death Toll Climbs to 55 After Fire Destroys Hawaiian Resort
Hundreds of people are still missing after wildfires turned the historic Hawaiian town of Lahaina into ash and
2023-08-11 19:19
Meloni-Style Capitalism is Reshaping Corporate Italy
For Giorgia Meloni, wielding power in Italy now means steering the country’s biggest businesses too. The premier’s activism
2023-08-11 19:16
US Halts Import of Rare Cargo of Polish Wheat in Houston
The US is holding back a rare cargo of Polish wheat being imported into Houston, a move that
2023-08-11 19:15
Marketmind: Soft landing fatigue
A look at the day ahead in U.S. and global markets by Naomi Rovnick. Positive economic data tends
2023-08-11 18:25
Indonesia Seeks to Win EV Race With 0% Export Duty, No Sales Tax
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its
2023-08-11 18:22
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:16
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:15
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:54