Europe’s Economic Recovery Is a Summer Memory As the coronavirus resumes spreading rapidly across the continent, hopes for an economic revival have given way to diminished expectations. In August, enj
October 1, 2020, 8:00 PM ▲ Reiko Katsube, a social worker at the Toyonaka Council of Social Welfare, driving to meet clients. Shut out of the employment market in their 20s, they continue to search fo
Russian President Vladimir Putin and his top aides are “probably directing” a Russian foreign influence operation to interfere in the 2020 presidential election against former vice president Joe Biden
(CNN Business) Six months. It may feel like an eternity, but that's how long it's been since states started enacting stay-at-home orders. We now know those actions were at least partially successful i
Nearly $7 Trillion in Securities, $2 Trillion Mortgages As of August 26, 2020 the Fed's Balance Sheet is nearly $7 trillion total of which $3.7 trillion are notes or bonds, and nearly $2 trillion in m
People walk by a store going out of business along 125th street in the Harlem neighborhood of New York City, August 7, 2020. Shannon Stapleton | Reuters The story for much of the past generation has b
Streetwise Unbridled optimism, the impact of options, and the speed and scale of the gains have left the rest of the stock market in the dust Sept. 6, 2020 9:00 am ET The stock market is increasingly
We Have Crossed the Line Debt Hawks Warned Us About for Decades The debt of the United States now exceeds the size of its gross domestic product. That was considered a doomsday scenario that would wre
‘This Market Is Nuts’: S&P 500 Hits Record, Defying Economic Devastation Investors have cast the nearly relentless drumbeat of bad news aside to focus on any signs that the worst of the coronavirus pa
“Never before have I seen a market so highly valued in the face of overwhelming uncertainty,” James Montier, behavioral economist and member of GMO’s asset allocation team, wrote it in a recent resear
In February the U.S. economy was humming along nicely with an unemployment rate well under 4%. Then the pandemic hit our shores. And the economy was quarantined. So the unemployment rate spiked to nea
Coming Next: The Greater Recession The suspension of federal benefits would create damage almost as terrifying as the economic effects of the coronavirus. Aug. 6, 2020 Protesters calling for economic
Economics Economics Indicators Central Banks Jobs Trade Tax & Spend Inflation & Prices Economics Argentina Economy Grew in July Despite Recession on Horizon Checkout Cost-of-Living Stress Fuels Crime
I’ll probably be staying in the stock market for quite some time, and I wanted to talk through my reasons. Why would I want to do that? Two reasons. So somebody could show me if I’m being irrational.
Heard on the Street Maybe investors are suddenly showing foresight like never before, and are looking past the pandemic to an eventual recovery. But probably not. Updated July 31, 2020 5:30 pm ET Illu
Published 30 July 2020 Share page About sharing Image source, Getty Images Image caption, Food banks have seen a surge in demand The US economy shrank at a 32.9% annual rate between April and June as
France Dispatch Of Wine, Hand Sanitizer and Heartbreak Between the coronavirus and the Trump tariffs, the French wine market has collapsed. So winemakers are — sadly — sending their excess product off
Editor’s note: Some of our covid-19 coverage is free for readers of The Economist Today , our daily newsletter . For more stories and our pandemic tracker, see our hub I N THE FORM it is known today,
Economics Economics Indicators Central Banks Jobs Trade Tax & Spend Inflation & Prices Economics Argentina Central Bank Move Slammed as ‘Attack’ by Mercado Pago Economics Fed’s Kashkari Says He Expect
Ben Bernanke: I Was Chairman of the Federal Reserve. Save the States. Congress must act decisively to avoid repeating mistakes of the recovery from the Great Recession. July 15, 2020 States need subst
World A brutal second-quarter contraction in Singapore and a feeble recovery in the U.K. give an early look at the tough climb facing the world economy By Jason Douglas in London and Feliz Solomon in
Despite record-setting COVID-19 infections, American equities rose today. All major indices gained ground during regular trading, while tech stocks did even better. The Nasdaq Composite set new 52-wee
NEWS 10 July 2020 Economists welcome the chance to see whether giving people cash to spend however they choose improves livelihoods. Carrie Arnold View author publications You can also search for this
Essay Don’t the Markets Know We’re Living in a Disaster Movie? With so much bad news out there, the big rally in the stock market is what’s really scary. Credit... Glynis Sweeny By July 10, 2020 Guys,
By Annie Gasparro and Jaewon Kang | Photographs by Katie Currid for The Wall Street Journal July 12, 2020 5:30 am ET Grocers are having trouble staying stocked with goods from flour to soups as climbi
Essay To understand corporate chameleons like China’s Huawei, look to the era when the East India Company and other firms blurred the boundary between government and business. By Andrew Phillips and J
Credit... Paul Hoppe Can These Markets Be Trusted? After a calamitous drop in March, the stock market has had a ferocious rally, despite a cascade of awful news. How can investors cope? Credit... Paul
America’s health crisis began just as Joaquín H. was recovering from his own. He got sick, suddenly, at the end of January. He spent most of February in and out of the hospital, major surgery along th
Real Estate July 07, 2020, 8:01 am EDT Despite relatively steady home price appreciation in May, the U.S. housing market is on the precipice of an extended price slump, according to a CoreLogic report
The percentage of Americans who are employed sits at just over 50%, according to the Bureau of Labor Statistics' employment-population ratio . The figure plunged to 51.3% in April (the lowest level on
A national mask mandate could help the US avoid another round of COVID-19-related lockdowns, as well as the steep economic losses they would generate, according to research by Goldman Sachs. The inves
These days, reading the monthly jobs report can feel like opening a time capsule. According to the data for June, which was released today , the recovery from the COVID-19 recession was still chugging
Federal Reserve officials expressed fears in a meeting last month that a second wave of the novel coronavirus could send a reeling U.S. economy deeper into an unprecedented recession, according to min
Denise Iezzi, an accounting assistant, has had every Friday off since the pandemic escalated in March. This isn’t by choice. Her employer cut her hours and pay. It’s an involuntary sacrifice that more
E.U. Barring U.S. Visitors a ‘Huge Deal’ for Airlines International travel, a big profit generator for airlines, has been slow to recover and will probably take a big blow from the loss of trans-Atlan
Cash-starved cities and states across the country are starting to weigh whether to raise taxes on homes, cigarettes, local businesses and global tech giants, hoping to rake in new revenue that might h
Economy In the post-pandemic world, more economic activity will be designated vital to national security, accelerating pressures on globalization By Jacob M. Schlesinger June 19, 2020 2:56 pm ET When
A fter months of living with the coronavirus pandemic, American citizens are well aware of the toll it has taken on the economy: broken supply chains, record unemployment, failing small businesses. Al
A Tidal Wave of Bankruptcies Is Coming Experts foresee so many filings in the coming months that the courts could struggle to salvage the businesses that are worth saving. Credit... Monica Garwood By
A worker paints over a Louis Vuitton storefront, boarded up after the coronavirus outbreak, on March 30 in San Francisco. Ben Margot/AP The wealthiest American households are keeping a tight grip on t