Why the Fed Isn’t Ready to Declare Victory on Inflation

Officials are concerned about whether wage and price growth could slow enough without an economic downturn.

Economists Are Cutting Back Their Recession Expectations

Forecasters still expect GDP to eventually shrink, but later, and less than before.

Weeks of Extreme Heat Strain Small Businesses and Economy

July 15, 2023 12:01 am ET listen to the article (two minutes) Heat waves sweeping large…

If You Find the Economy Confusing, Don’t Worry: It Is

Stunned investors should diversify and expect to do well in any situation.

Jobs Report Keeps Fed on Track to Raise Rates in July

The Federal Reserve is set to raise interest rates later this month to a 22-year high…

 Markets’ Monster 2023 Rally Defied All Expectations

Stocks came out sharply in a bear market, with the Nasdaq Composite rising 30% and posting…

Where’s the Recession We Were Promised?

The economy and job market have become less sensitive to interest rates than economists previously thought,…