Economy

    Hong Kong airport cuts flights from Tuesday due to super typhoon

    Hong Kong airport cuts flights from Tuesday due to super typhoon

    All flights will be halted from 6 p.m. on Sept. 23 through 6 a.m. on Sept. 25 as Super Typhoon Ragasa bears down, people familiar with the matter said.

    By Danny Lee and Bloomberg
    September 22, 2025

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    Recession timing key for Biden reelection bid—this year would be ‘less damaging’ than early 2024, history suggests
    Politics

    Recession timing key for Biden reelection bid—this year would be ‘less damaging’ than early 2024, history suggests

    By Gregory Korte and Bloomberg
    June 18, 2023
    2 top economists both hate the Fed’s ‘inexplicable’ and ‘crazy’ signaling on rate hikes—but for totally different reasons
    Finance

    2 top economists both hate the Fed’s ‘inexplicable’ and ‘crazy’ signaling on rate hikes—but for totally different reasons

    By
    June 16, 2023
    A recession is ‘at our doorstep,’ but investors are falling for a goldilocks scenario, Wells Fargo says. It ‘isn’t going to end all that well’
    Finance

    A recession is ‘at our doorstep,’ but investors are falling for a goldilocks scenario, Wells Fargo says. It ‘isn’t going to end all that well’

    By
    June 16, 2023
    The world’s top inequality researcher breaks down his surprising findings that we really are all becoming more equal

    The world’s top inequality researcher breaks down his surprising findings that we really are all becoming more equal

    By
    June 16, 2023
    There won’t be a true recession anytime soon—but a ‘growth recession’ is still on the menu next year, BofA warns
    Finance

    There won’t be a true recession anytime soon—but a ‘growth recession’ is still on the menu next year, BofA warns

    By
    June 15, 2023
    America’s latest inflation wave is all about corporations ‘using excuses’ and ‘cover’ to increase profits, says top UBS economist
    Finance

    America’s latest inflation wave is all about corporations ‘using excuses’ and ‘cover’ to increase profits, says top UBS economist

    By
    June 15, 2023
    American shopper
    Finance

    The American shopper just keeps shrugging off the economists’ predictions as retail sales rise again in May

    By Anne D'Innocenzio and The Associated Press
    June 15, 2023
    Federal Reserve chair Jay Powell will not be able to avoid a recession, predicts Deutsche Bank.
    Finance

    Deutsche Bank’s top minds put U.S. recession chance near 100%—and say avoiding a hard landing would be ‘historically unprecedented’ 

    By
    June 15, 2023
    Jerome Powell
    Finance

    Jerome Powell sounds ultra-cautious as he takes his foot off the hike machine: ‘We want to get inflation down to 2%, and we just don’t see that yet’

    By Christopher Rugaber and The Associated Press
    June 15, 2023
    Jerome Powell
    Finance

    The Fed’s summertime pause on interest rates could easily turn into a permanent vacation

    By Ryan Herzog and The Conversation
    June 14, 2023
    The same bank strategist who warned that greedflation could be ‘the end of capitalism’ is still worried, saying he ‘can find no precedent in history’ for what’s happening
    Finance

    The same bank strategist who warned that greedflation could be ‘the end of capitalism’ is still worried, saying he ‘can find no precedent in history’ for what’s happening

    By
    June 14, 2023
    Jerome Powell
    Finance

    Fed keeps key interest rate unchanged after 10 straight hikes—but it might raise it 2 more times later this year

    By Christopher Rugaber and The Associated Press
    June 14, 2023
    Jerome Powell
    Finance

    The Fed is likely to ‘skip’ and not ‘pause’ a rate hike because Jerome Powell can’t get his 18-member committee to agree

    By Christopher Rugaber and The Associated Press
    June 14, 2023
    Jerome Powell
    Finance

    Inflation metrics keep dropping, as wholesale prices drop 0.3% in May

    By Paul Wiseman and The Associated Press
    June 14, 2023
    Photo of Tom Lee
    Finance

    Wall Street’s biggest bull called this year’s stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’

    By
    June 13, 2023
    Is falling inflation a ‘feather in the cap for the Fed’ or a false dawn? That depends on which economist you ask
    Finance

    Is falling inflation a ‘feather in the cap for the Fed’ or a false dawn? That depends on which economist you ask

    By
    June 13, 2023
    After almost tripling in price in recent months, the cost of eggs just fell the most of any year since 1951
    Personal Finance

    After almost tripling in price in recent months, the cost of eggs just fell the most of any year since 1951

    By
    June 13, 2023
    CPI
    Finance

    Inflation cools in May to slowest pace in over 2 years

    By Christopher Rugaber and The Associated Press
    June 13, 2023
    Wall Street
    Finance

    S&P 500 hits highest level in over a year as markets begin to believe in a soft landing

    By Stan Choe and The Associated Press
    June 12, 2023
    Morgan Stanley’s investment chief called 2022’s bear market, and he says stocks are still hibernating—he sees a 14% drop ahead
    Finance

    Morgan Stanley’s investment chief called 2022’s bear market, and he says stocks are still hibernating—he sees a 14% drop ahead

    By
    June 12, 2023
    U.S. workforce data is behind the times. It’s time to measure what matters most to the American people
    Commentary

    U.S. workforce data is behind the times. It’s time to measure what matters most to the American people

    By Rachel Korberg and Jenny Weissbourd
    June 12, 2023
    J.P. Morgan's Bob Michele manages $700 billion in investments.
    Finance

    JPMorgan’s Bob Michele manages $700 billion—and today’s bull run reminds him of the calm before the Lehman collapse

    By
    June 12, 2023
    Recession is inevitable, say biggest bond managers, bucking Goldman’s call
    Finance

    Recession is inevitable, say biggest bond managers, bucking Goldman’s call

    By Alice Gledhill, Anchalee Worrachate and Bloomberg
    June 11, 2023
    Record revenues but plummeting profits: The Fortune 500 is trying to tell us something about the state of the economy
    Finance

    Record revenues but plummeting profits: The Fortune 500 is trying to tell us something about the state of the economy

    By
    June 10, 2023
    Christine Lagarde
    Finance

    While the U.S. economy seems headed for a soft landing, the eurozone just slid into recession

    By
    June 9, 2023
    Hafize Gaye Erkan, seen here in a photo dated March 2017, has been picked to run Turkey's central bank.

    Former co-CEO of failed U.S. lender First Republic lands on her feet with a new job—taking on one of the toughest tasks in international finance

    By
    June 9, 2023
    Ray Dalio at 92NY on September 19, 2022 in New York City.
    Finance

    Ray Dalio says the U.S. is facing a big-cycle debt crisis and warns, ‘Things are going to get worse for the economy’

    By
    June 8, 2023
    McKinsey Global Institute sees 4 possible scenarios for the economy by 2030. Only one leads to long-term growth
    Commentary

    McKinsey Global Institute sees 4 possible scenarios for the economy by 2030. Only one leads to long-term growth

    By Jan Mischke, Sven Smit and Olivia White
    June 8, 2023
    Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’
    Finance

    Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’

    By
    June 7, 2023
    Sad woman with laptop
    Success

    Top economist Tyler Cowen’s theory that explains why your workers ‘really are doing less’: A ‘serious crisis of morale’

    By
    June 7, 2023

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