The nation has been phasing out conventional fuels and phasing in less reliable, less abundant renewable energy sources, resulting in higher prices, shortages, and a greater reliance on adversarial nations like Russia and China. The country’s trials should prove to be a vital lesson for those of us in the United States.
Understanding inflation, interest rates and recession risks requires going back earlier than the 2000s.
Here are three ways this cycle is different from the recent past.
World stocks and oil prices battled to pull out of a four-day slide on Thursday as deeply inverted bond yield curves and choppy currency markets underscored the simmering concerns among investors about economic stagnation next year.
From inflation to crime, they refuse to acknowledge the problems they helped create. Voters are noticing.
The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh on the housing sector, data from the Mortgage Bankers Association (MBA) showed on Wednesday.
The White House offers Democrats nothing good to say on the big issues.
Barack Obama hadn’t endorsed the man who had served him faithfully for eight years. The money quote was cutting: “Don’t underestimate Joe’s ability to [expletive] things up.”
As MarketWatch marks its 25th anniversary this week, we are looking back at the 25 biggest market events and developments that we have covered. These MarketWatch Moments shaped our current capital markets and will continue to reverberate.
Researchers for the Federal Reserve Bank of Dallas published new findings that calculated “real wages” — the effective income of workers when adjusted for inflation.
“We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year,” the researchers said. “For these workers, the median decline in real wages is a little more than 8.5%.”
Soaring oil and natural gas prices. Electricity grids on the brink of failure. Energy shortages in Europe, with worse to come. The free world’s growing strategic vulnerability to Vladimir Putin and other dictators.
In a tweet on Saturday, Biden said, “this is a time of war and global peril,” and demanded the companies lower gasoline prices, which have soared to about $5 a gallon in many parts of the country.
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