Economy

Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.

A second Prime sale shows Amazon is nervous about the economy too

A worker delivers packages on Amazon Prime Day in New York, US, on Tuesday, July 12, 2022.Photographer: Michael Nagle/Bloomberg

Holiday bargain shopping starts extra early this year. And that could be good news for shoppers, even if it signals slightly worrisome things for the economy.

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Why a weak British pound matters

The British pound Monday briefly hit a record low against the dollar, extending losses after Britain’s new government Friday announced a sweeping economic overhaul.