06:32
5 mins read
The Outlook: Why Higher Bond Yields Aren't Going Away
WSJ survey reveals forecasters think inflation, Federal Reserve rate increases and debt will keep borrowing costs higher for longer
By Matt Grossman and Anthony DeBarros
Some economic shocks look like bumps in the road...
01:00
8 mins read
The Welfare State Is Crushing Britain
LIVERPOOL -- Catherine Wieland got on Britain's welfare rolls in 2021. With a history of emotional trauma, she was too anxious to go outside or carry out simple tasks like washing herself, she told the government.
Soon,...
09:30
5 mins read
Why Economists Think Higher Bond Yields Are Here to Stay
Some economic shocks look like bumps in the road -- tariffs, to which businesses adjust, or a war with Iran that raises oil prices temporarily. But economists increasingly believe that higher U.S. interest rates will def...
06:33
1 min read
Costs Dim Consumer Sentiment In Survey
The survey's headline index fell to 46.3 in its preliminary October reading, versus 48.1 in September
By Matt Grossman
Consumers' mood has darkened in October, according to the University of Michigan's monthly survey....
10:39
3 mins read
Markets AM: Borrowing Costs' Double Whammy Boosts Recession Odds
Can you hear me now? Stock futures are pointing higher to end a bumpy week, but not shares of telecom giants after the world's richest man made a move to enter that established business. Elon Musk's SpaceX is bidding for...
06:00
4 mins read
Political Economics: Riots in France? They Could Happen Here ---- By Joseph C. Sternberg
Are you an American who's enjoying the spectacle of the very Gallic rioting in France? Resist the temptation to gloat. We aren't so different.
What's happening in the streets of Paris and other cities is about fiscal po...
06:33
5 mins read
What Inflation Means for Midterms
The run-up in prices has cooled from four years ago, but voters are still paying more
By Owen Tucker-Smith
Four years ago, in the run-up to the last midterm elections, prices were rising more than twice as quickly as t...
00:00
5 mins read
What Six Years of Inflation Mean for the Midterms
Four years ago, in the run-up to the last midterm elections, prices were rising more than twice as quickly as they are now. President Trump has repeatedly reminded voters of the 2022 inflation rate, blaming high prices o...
06:33
4 mins read
French Government Lays Out Steps to Set Cuts
In an interview, French Finance Minister Roland Lescure said he is open to negotiation but will do 'whatever it takes' to get the budget through
By Stacy Meichtry and Noemie Bisserbe
PARIS -- France's finance minister...
06:07
4 mins read
REVIEW & OUTLOOK (Editorial): France's Bonfire of Inanities
It's easy to scoff at French rioting as its national past time, but what's unfolding now is different. France is approaching its most serious crisis in decades, and the disorder in the streets may be only the start.
Ost...