Economy

The credit ratings agency Moody’s reduced its outlook on the US government from stable to negative, citing division…

The last two years have been catastrophic for investors in US Treasury bonds. By one measure, 2022 was the worst…

The US added another 150,000 jobs in October as the jobs market cooled. The unemployment rate rose to…

The United Auto Workers has scored a major victory. It’s still awaiting a vote by union members, but it’s a big…

Banks pumped more than $150bn last year into companies whose giant “carbon bomb” projects could destroy the last…

The US economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor…

They punish governments that dare to deviate from financial orthodoxy. They strike fear into the hearts of finance…

Earlier this year the world economy had a lucky escape. After a mild winter in Europe, energy prices were in…

The Federal Reserve chair, Jerome Powell, was escorted out of an event Thursday afternoon after a group of climate…

The Bank of England will need to keep interest rates high into 2024 as the UK struggles with a combination of…