Economy

Clarity? In this economy?

Jim LaPointe knows that how the economy feels “depends on your perspective.” Four years after Covid-19 lockdowns kicked off a…

The Fed probably won’t be delivering any interest rate cuts this summer

Investors likely will have to sweat out a summer during which it looks increasingly improbable that the Federal Reserve will…

Yellen sees no ‘showstoppers’ on G7 Ukraine loan backed by Russian asset earnings

U.S. Treasury Secretary Janet Yellen said on Friday that she does not see “any showstoppers” in her discussions with fellow…

British retail sales plunge 2.3% in April, missing estimates

LONDON — U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics…

Macron: French AI boom could help EU close tech innovation gap with U.S. and China

PARIS, France — Europe is pursuing AI innovation, tech regulation and competition with China in very different ways than the…