[ad_1] The value of the ruble tumbled sharply against the U.S. dollar Wednesday on signs that the latest wave of sanctions by Western countries are beginning to impact Russia’s economy.…
[ad_1] “‘Getting from the high inflation where we are now towards 3[%] is baked in.’ ” — Adam Posen, president of the Peterson Institute for International Economics The inflation outlook…
[ad_1] The numbers: The S&P CoreLogic Case-Shiller 20-city house price index fell 0.5% in October, its fourth monthly decline. Year-over-year prices rose rose 8.6%, slowing from 10.4% in the previous…
[ad_1] Gold prices settled higher Friday ahead of a long holiday weekend, as the latest U.S. inflation data showed signs of cooling, but not enough to quell expectations the Federal…
[ad_1] The numbers: U.S. new home sales rose 5.8% to a seasonally-adjusted rate of 640,000 in November, from a revised 605,000 in the prior month, the Commerce Department reported Friday.…
[ad_1] The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a…
[ad_1] The numbers: The U.S. leading index fell a sharp 1% in November, extending a downturn that began last spring and points to a weakening economy. Economists polled by The Wall…
[ad_1] Gold prices settled flat on Wednesday as a rally in precious metals appeared to pause after recording solid gains in the previous session. Price action Gold prices for February…
[ad_1] The numbers: A survey of consumer confidence jumped to an eight-month high of 108.3 in December, reflecting fewer worries about inflation and more optimism about jobs and the economy.…
[ad_1] The risk of a recession is nothing to brush off. That’s according to Mark Zandi, the chief economist at Moody’s Analytics, who said in a Twitter thread Sunday that…
[ad_1] The numbers: Mortgage rates continue to inch downwards, providing some relief to prospective homeowners. The 30-year fixed-rate mortgage averaged 6.31% as of Dec. 15, according to data released by…
[ad_1] A majority of voters think the economy will be in worse shape in 2023 than it is now and roughly two-thirds say the nation’s economic trajectory is headed in…
[ad_1] The eurozone economy swung to a trade deficit in October compared with a year earlier, driven by higher prices of the energy it imports, data from the European Union’s…
[ad_1] U.K. retail sales decreased in November, adding to evidence of weak consumer spending midway through the fourth quarter as high inflation and rising interest rates hit households’ incomes. Retail…
[ad_1] Investors have been anxiously awaiting the Federal Reserve’s policy decision due Wednesday afternoon as softer inflation data fuels expectations of a more moderate approach from the central bank on…
[ad_1] Food inflation slowed in November. Food prices rose 10.6% last month compared with a year ago, down from 10.9% in October, according to government data released Tuesday. Grocery prices,…
[ad_1] Germany’s inflation decelerated in November, having come down from the highest reading in more than 70 years in October, the Federal Statistics Office, or Destatis, said Tuesday, confirming first…
[ad_1] Overall foreclosure filings were up 57% in November from a year ago. Still, foreclosure filings for November slid 5% from the month prior, with 30,677 U.S. properties having a…
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. Foreclosure activity rose 57% from a year ago in November, and was highest in these U.S. cities The foreclosure process began on…
[ad_1] Gold prices edged higher on Friday, on track to mark their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than…
[ad_1] China’s inflationary pressure eased in November, as COVID-19 outbreaks curbed domestic demand, official data showed Friday. China’s consumer price index rose 1.6% from a year earlier in November, moderating…
[ad_1] More than half of U.S. adults said this month that higher prices have caused financial hardship for their households after a year marked by the worst inflation in four…
[ad_1] ARK Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons to the current high inflation environment. “If you go back to the…
[ad_1] U.S. bond yields fell were fractionally lower Wednesday morning as investors concerns about a slowing economy in 2023 lingered. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.341%…
[ad_1] Germany industrial production fell in October as high energy prices weighed on manufacturing output, adding to evidence of a slowdown in Europe’s industrial powerhouse at the beginning of the…