Economic Indicators

British Prime Minister Boris Johnson said he would press ahead with his government’s pledge to end the influx of low-paid migrant workers despite the country’s labor shortages, describing it as a radical change for the British economy.

New Zealand largely kept out COVID-19 by closing to the outside world, a policy accompanied by stimulus to keep the economy moving. Now the resulting labor shortages and surging demand, notably for housing, have led it to become one of the first developed economies to raise interest rates since the pandemic began.

It reportedly took oil workers more than three hours to shut down the pipeline that spilled as many as 144,000 gallons of crude oil off the coast of Huntington Beach, California over the weekend.

Rows of residential towers, some 26 stories high, stand unfinished in this provincial city about 350 miles west of Shanghai, their plastic tarps flapping in the wind. Places like Lu'an are monuments to the once-grand ambitions of China Evergrande Group.

The cost of similar Covid-19 treatments can vary by tens of thousands of dollars a patient, even within the same hospital, according to a Wall Street Journal analysis of pricing data that indicates pandemic care hasn’t escaped the complex economics of the U.S. health system.

Millions of acres have been burned this year as wildfires tore through the U.S. West, setting hundreds of structures ablaze and forcing evacuations.

Forecasters expect that September sales fell around 25% from last year as chip shortages and other parts-supply disruptions cut into the selection on dealer lots and raised prices once again to record levels. That sent many frustrated consumers to the sidelines to wait out a shortage that has hobbled the industry since late last year.

Mortgage applications turned lower last week as Treasury yields spiked following last week’s FOMC meeting.

Senate Majority Leader Chuck Schumer says Democrats are prepared to raise the debt ceiling on their own if they can do so with a simple majority.

Treasury Secretary Janet Yellen told Congress that the Treasury would be unable to pay all of the government’s bills if lawmakers don’t raise the federal borrowing limit by Oct. 18.

Orders for big-ticket items jumped last month as manufacturers continued to navigate the supply-chain disruptions caused by COVID-19.

A group of business economists' confidence in the U.S. economy is waning, a decline driven by the possibility of a new, vaccine-resistant COVID-19 variant.

The Federal Reserve moved up its timeline to decrease interest rates to next year. Here's how to take advantage of low rates now.

All year the Federal Reserve’s message on inflation has been consistent: This year’s surge is transitory, and inflation will soon return close to the central bank’s 2% target.

Chinese officials brace for Evergrande collapse, fearing economic and social fallout, as a bail out for the property developer looks unlikely.

The Federal Reserve signaled at the conclusion of its two-day meeting this week that it will begin slowing its aggressive bond-buying program later this year, the first step that policymakers will take to dialing back pandemic-era support for the U.S. economy.

The Federal Reserve kicked off a much-anticipated meeting this week during which policymakers are widely expected to shed light on their plans to begin dialing back support for the U.S. economy – a decision complicated by rising inflation and lackluster job growth.

The U.S. economy is losing momentum in its recovery from the coronavirus pandemic, the Organization of Economic Cooperation and Development said Tuesday.

As the economy shows signs of slowing down, interest rates are holding at record lows. Here's what it could mean for future rates.

The U.S. economy is poised for a strong recovery from the coronavirus pandemic, but faces fresh risks from a widespread labor shortage and rising infections among the unvaccinated, according to a survey of American CFOs.