Economy

Inflation slowed to a 3.1% annual rate in November

Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…

Inflation fears down, consumer optimism up: Economy may start to help Biden with voters

Two new surveys released in recent days suggest consumers may be starting to feel more optimistic about inflation. This could…

U.S. pension funds heavily invested in China complicate Washington’s crackdown, new analysis finds

U.S. proposals to clamp down on investments in China may be being undermined by continued funding from some of America’s…

Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s

Famed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.…

House panel subpoenas Vanguard, Arjuna in ESG ‘collusion’ probe

WASHINGTON — A House panel subpoenaed The Vanguard Group and Arjuna Capital on Monday, the latest step in its yearlong…

Spanish economist picked to lead the EU’s massive lending unit lays out her priorities

The incoming head of one of the world’s largest development banks says it must become faster and more efficient in order…

‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says

Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…