Home Prices Fell in February for First Time in 11 Years

US existing-home prices fell for the first time in 11 years in February from a year…

Federal Reserve Faces Tough Decision on Rate Increase

Central bank officials must balance inflation concerns with new concerns spreading from banking turmoil.

Smaller Banks’ Critical Role in Economy Means Distress Raises Recession Risks

economy Approach Regional and local banks account for about 40% of total lending

Economy Week Ahead: U.S. Interest Rates and Housing Market in Focus

economy economy week ahead Federal Reserve deliberates on monetary policy facing high inflation, financial volatility

China Frees Up Liquidity in Sign of Wariness About Recovery

Market The move by the People’s Bank of China was not widely expected and followed the…

Central Banks Should Press Ahead With Rate Rises Despite Bank Pains, Says OECD

economy Research group does not expect a repeat of the 2008 banking crisis despite financial pressures…

ECB Defies Mounting Banking Strains With Half-Point Rate Rise

The European Central Bank is stepping up its fight against inflation, despite concerns it could exacerbate…

Jobless Claims Fell Last Week, Showing Still Strong Labor Market

Applications for unemployment benefits fell last week, indicating the US labor market remains strong as other…

China’s Housing Prices Show Signs of Stabilizing

Continued policy-making signals and the end of Covid restrictions have put a floor under a sector…

First Drugs Facing Medicare Price Penalty Are Named

US health officials listed 27 drugs whose prices rose faster than inflation, triggering exemptions under a…