States Are Flush With Cash, Which Could Soften a Possible Recession

A rapid economic recovery from the pandemic and an influx of federal stimulus funds have filled…

Chinese spy balloon tracked to US this week

The US tracked what officials described as a Chinese reconnaissance balloon over the US this week,…

FDA Proposes Overhaul in Wake of Baby Formula Shortage

The agency’s commissioner called for strengthening food policy and regulation last year in the wake of…

The U.S. Consumer Is Starting to Freak Out

listen to the article (two minutes) Engine of the American economyconsumer expenditure– It’s starting to spill.…

You’re My No. 1. Except on Our Joint Tax Return.

WASHINGTON—When computing federal income taxes, it makes absolutely no difference which spouse is listed first on…

Economy Week Ahead: U.S. GDP, Household Spending in Focus

economy economy week ahead Business-activity surveys from around the world, as well as Canada’s monetary-policy decision,…

Consumer Prices Plateau as Inflation Slows to Prepandemic Levels

After a period of runaway inflation, Americans see easing monthly price hikes, but when will things…

Crypto Lender Nexo Agrees to Pay $45 Million to Settle Regulatory Investigations

The Securities and Exchange Commission alleges that the lending product violated investor-protection laws.

Inflation Takes Biggest Bite From Middle-Income Households

listen to the article (two minutes) Inflation is often called a tax on the poor, but…

Threat of Rail Strike Reveals Persistent Supply-Chain Risks to U.S. Economy

Economy american economy Businesses and policy makers plan for ‘new normal’ amid potential disruption to supply…