France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.
Category: United States Economy
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An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation
With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.
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Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?
Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.
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Biden Targets a New Economic Villain: Shrinkflation
Liberals prodded the president for years to blame big corporations for price increases. He is finally doing so, in the grocery aisle.
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Fed Minutes Show Embrace of Inflation Progress but No Hurry to Cut Rates
Minutes from the Federal Reserve’s Jan. 30-31 meeting showed policymakers thought that risks of an inflation pickup had “diminished.”
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U.S. Economy: Has an Era of Increased Productivity Returned?
The last time the U.S. economy was posting surprising economic growth numbers was 1994. Economists see parallels that make them think it could happen again.
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Will Food Prices Stop Rising Quickly? Many Companies Say Yes.
Food companies are talking about smaller price increases this year, good news for grocery shoppers, restaurant diners and the White House.
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Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.
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Wall Street Is Already Placing Bets on the Biden-Trump Rematch
Traders and strategists are thinking about all the ways that November’s election could alter the mood in markets.
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For Michigan’s Economy, Electric Vehicles Are Promising and Scary
In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
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U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.