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Covid is widening the gap between rich and poor countries
J Barry Eichengreen is professor of economics at the University of California, Berkeley, and a former senior policy adviser at…
Read More » - ECONOMY
Full Recovery in Global Labor Market Could Take Years
It will take at least two years before global unemployment falls back to pre-pandemic levels, according to fresh projections, with…
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China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter
BEIJING—China’s economy expanded 8.1% last year as a pandemic-plagued world snapped up its goods, though slowing growth in the final…
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Omicron, Inflation Drive Down U.S. Growth Outlook
The outlook for economic growth in the first quarter and 2022 is darkening amid the latest wave of Covid-19, as…
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Economy Week Ahead: China GDP, U.S. Housing
A man passed through Beijing’s central business district late last year. Photo: greg baker/Agence France-Presse/Getty Images By WSJ Staff Jan.…
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Supply-chain backlogs may `never’ clear as long as U.S. consumer demand persists, says RBC Capital Markets
Insatiable demand for goods by American consumers heading into the third year of the COVID-19 pandemic is leading to a…
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Weekend reads: How to invest amid higher inflation and as interest rates rise
This week the U.S. Bureau of Labor Statistics said the consumer price index in December had risen 7% from a…
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Fed’s Williams sees inflation subsiding this year aided by a slowdown in growth
Inflation is likely to drop to around 2.5% this year, much closer to the Federal Reserve’s longer-run target of 2%…
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The SEC’s next regulatory target could be index providers
Few ideas hold sway over U.S. markets and the economy today more than the wisdom of passive index investing. Vanguard…
Read More » - ECONOMY
Truckers Fret Over Pending Covid-19 Vaccine Rules at U.S.-Canada Border
OTTAWA—Trucking companies and manufacturers say new Covid-19 vaccine mandates set to take effect at the U.S.-Canada border could upend an…
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