The fate of Indonesia’s unrivaled stocks of nickel — a critical mineral used to make batteries for electric vehicles — is caught in the conflict between the United States and China.
Category: United States Economy
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U.S. Mortgage Rate Jumps to Highest Level Since 2002
The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.
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Why Wall Street is Gung-ho on the Housing Market
Despite mortgage rates hitting multidecade highs and jitters in the bond market, demand for new homes is strong and prices are rising.
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Fed Officials Avoided a Victory Lap at July Meeting
Federal Reserve officials raised interest rates at their July 26 meeting, but investors doubt that they will lift them again this year.
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With Investors on Edge, Fed Minutes Take on New Urgency
Inflation fears have led to a sell-off in stocks and bonds in August as the markets fret the possibility of more interest-rate increases.
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Wall St. Weighs the Effect of Weaker China and Stronger U.S.
Investors are worried about the Chinese economy teetering as well as signs that the U.S. economy may be growing too fast for inflation to moderate.
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Latest Retail Trend: Men as C.E.O.s
A number of prominent companies have recently hired men to run them, often placing them in roles that had been occupied by women.
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China’s Woes Loom Large Over the Global Markets
A downturn in the world’s second biggest economy, and growing fears about its real estate sector, are making investors jittery.
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Why the Fed Might not Be Done Raising Rates
Volatile energy prices could put new pressures on the economy, despite some cautious optimism after the latest inflation data.
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Make the Whole Place Shimmer: America Spends Big for Beyoncé and Taylor Swift
The artists’ fans have been shelling out on lavish wardrobes, parties and travel, generating business and boosting spending in host cities.
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America Spends Big for Beyoncé’s “Renaissance” and Taylor Swift’s “Eras” Tours
The artists’ fans have been shelling out on lavish wardrobes, parties and travel, generating business and boosting spending in host cities.
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Inflation Picks Up, but Details Under the Surface Are Encouraging
Economists looked past the first acceleration in overall inflation in more than a year and saw signs that price pressures continued to moderate in July.
