Markets’ Monster 2023 Rally Defied All Expectations
[ad_1] Any number of things could have derailed markets in the first half of the year, but investors kept buying…
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‘Greedflation’ is Real—and Probably Good for the Economy
[ad_1] Companies have used inflation as an excuse for generous price increases, first-quarter earnings reports suggest. That may be one…
BOE Matches Fed’s Rate Rise, Signals There May Be More
[ad_1] The Bank of England raised its key interest rate for the 12th consecutive time and signaled more increases are…
Bank of Canada Expected to Hold Rates as Surveys Point to Slowdown
[ad_1] OTTAWA—Economists widely expect the Bank of Canada on Wednesday to keep its main interest rate unchanged for a second…
Social Security Reserves Projected to Run Out Earlier Than Expected
[ad_1] An economic slowdown, persistent inflation and weaker productivity growth will drain Social Security’s reserves one year earlier than previously…
U.K. Braces for Biggest Strikes in Years Over the Holiday Period
[ad_1] Listen to article (2 minutes) LONDON—The U.K. is set to face some of the worst strikes in at least…
High Oil Prices Lift Saudi Arabia, Bolster Prince’s Economic Plans
[ad_1] World Middle East A bonanza of extra revenue shows how elevated crude prices are benefiting the Persian Gulf’s resource-rich…