The era of cheap and plenty may be ending for many products
A decadeslong decline in the prices of many goods could come to an end or even begin to go in the other direction, potentially boosting...
Ukraine war and pandemic force nations to retreat from globalization
Conflicts among the U.S., Russia and China — and endless Covid-19 outbreaks — strain the interdependent economy and Western ideas of post-Cold War stability.
Global economy sinks deeper into turmoil as Fed prepares to raise rates
Federal Reserve officials are set to raise interest rates to control inflation, but the return to normal they had hoped to see remains painfully elusive.
Ukraine crisis could add to the problems facing U.S. economy VIEW
Russia’s attack on Ukraine could have economic repercussions globally and in the United States, potentially pushing up inflation as gas and food prices rise around...
U.S. trade deficit soared to a record last year
The widening trade deficit was driven by a $576.5 billion increase in imports last year, as Americans purchased more products made abroad.
Consumer prices popped again in December, casting a shadow on the economy
That price increases are becoming more widespread — and creeping into areas that are not so directly affected by the pandemic — is a worrisome...
The biggest kink in America’s supply chain: not enough truckers
Truck drivers have been in short supply for years, but a wave of retirements plus those quitting for less stressful jobs is exacerbating the supply...