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News

Soft Landing, Here We Come?

Until quite recently there was a near consensus among forecasters that the U.S. economy was headed for a recession. In…

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Business

Bonds Have Been Awful. It’s a Good Time to Buy.

As interest rates rose over the past few years, bond prices plummeted, making high-quality bonds more attractive, our columnist says.

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Business

U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap

The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.

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Business

Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.

The News Birkenstock, the German shoemaker known for producing cork-soled sandals worn by California hippies and Steve Jobs before taking…

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Newyork

‘Whichever Is Cheaper’: Inside China’s New Thrift Economy

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers…

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Business

Russia’s Economy Is Increasingly Structured Around Its War in Ukraine

The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.

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Newyork

Art Auction in Hong Kong Draws Lower Bids Than Expected

A portrait by Amedeo Modigliani sold for less than expected and several artworks went unsold as China’s best-known art investor…

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Business

U.K. Inflation Eases to 6.8% as Energy Prices Fall

The News Inflation in Britain rose last month at its slowest pace in more than a year, driven largely by…

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Business

Inflation Picks Up, but Details Under the Surface Are Encouraging

Economists looked past the first acceleration in overall inflation in more than a year and saw signs that price pressures…

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Business

The Fed’s Preferred Inflation Measure Cooled in June

The Personal Consumption Expenditures index moderated, even as consumer spending data looked strong.

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