U.S. Trade Deficit Contracted in June
U.S. imports totaled $388 billion in June, down 1.8% from May, while exports were $314.7 billion, down 0.9% from May. […]
Finance
From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?
AI has rapidly become a huge economic factor while affecting everything from capital investment to how much you pay for
From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?
AI has rapidly become a huge economic factor while affecting everything from capital investment to how much you pay for
A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending
A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending
South Korea’s July Inflation Eases From 30-Month High
South Korea’s headline inflation moderated in July after reaching a 30-month high in June, as government measures partly helped restrain
U.S. Factory Activity Expands Again in July
The ISM’s purchasing managers’ index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street
U.S. Factory Activity Expands Again in July
The ISM’s purchasing managers’ index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street
Struggling Colleges Tap Restricted Donor Funds to Keep the Lights On
Plus, Big Tech earnings send valuations in wildly different directions, and the Kremlin bullies more Russians into fighting in Ukraine.
Struggling Colleges Tap Restricted Donor Funds to Keep the Lights On
Plus, Big Tech earnings send valuations in wildly different directions, and the Kremlin bullies more Russians into fighting in Ukraine.