Economy

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.…

UK economy posts 0.1% growth in February in further sign of recession rebound

LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign…

Wholesale prices rose 0.2% in March, less than expected

A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…

European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty

The European Central Bank on Thursday held interest rates steady for a fifth straight meeting and gave its clearest signal…

Hot inflation data pushes market’s rate cut expectations to September

As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…

Consumer prices rose 3.5% from a year ago in March, more than expected

The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further…

A crucial report Wednesday is expected to show little progress against inflation

A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in…

Small business optimism hits 11-year low as inflation fears won’t go away

Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is…

Americans converge on the path of totality to experience the solar eclipse

Today marks a total solar eclipse that is expected to cross the United States as millions of Americans try to…