Economy

Auto insurance rates are jumping the most since the 1970s, but there could be relief soon

Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief…

JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’

JPMorgan Chase‘s chairman and CEO, Jamie Dimon, says a “hard landing” for the U.S. cannot be ruled out. When asked…

Federal Reserve minutes indicate worries over lack of progress on inflation

Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the…

Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more

Check out the companies making headlines in midday trading: Target — Shares of the retailer pulled back more than 8%…

UK Prime Minister Rishi Sunak calls July 4 general election

LONDON — U.K. Prime Minister Rishi Sunak on Wednesday called for a general election to take place on July 4,…

Meet the leaders of the Trump era’s new conservative economic populism

This reported column is Part Two of Eamon Javers’ two-part series on the new, conservative economic populism gaining ground among…

Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says

Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the…

UK inflation comes in hotter than expected, slashing June rate cut bets

LONDON — U.K. inflation came in hotter than expected with a drop to 2.3% in April, the Office for National…