A curated feed of headlines from trusted financial sources, refreshed automatically.
Since John D. Rockefeller handed out dimes, the world’s richest have given away their money in very different ways. Now they are bypassing charity—and writing a new social contract.
Join two WSJ reporters for a real-time written chat on Tuesday, Oct. 27, from 1 p.m. to 2 p.m. ET. WSJ subscribers can submit questions in the comments section at any time.
An interest-rate decision by the Federal Reserve will be the highlight of a busy week ahead.
The University of Michigan survey’s headline index came in at 48, down from 48.1 in September and hovering near record-low levels.
The credit-card company is the latest to announce job cuts this week as Barclays, eBay and Volvo also lay off thousands of employees.
Retail spending by Canadians looks to have remained on the rise last month, though the pace is showing signs of cooling as uncertainty and gasoline prices remain high.
President Trump’s tariffs collided with public anxiety over the cost of living. Now his trade legacy is at risk.
Business activity in the eurozone slowed in October amid a squeeze on profit margins, a sign of fading resilience in the face of the higher energy costs.
Consumers expected prices to rise more than they did in August, as energy prices continued to rise as the war in the Middle East dragged on.
Gauges of private-sector business activity in major Asian economies diverged this month as momentum in Australia stalled while India improved.
Consumer sentiment tumbled at the fastest pace since the Covid-19 pandemic this month as mounting cost-of-living pressures reversed the bounce in optimism seen over the summer.
Consumer prices, excluding fresh food, climbed 2.1% in September from a year earlier, which will likely reinforce market views that the Bank of Japan will tighten policy settings in December.
The European Commission’s flash consumer-confidence indicator for the 21-nation currency area fell 1.1 points to minus 17.9 in October, below economists’ expectations of minus 17.0.
Statistics Canada’s industrial product price index increased 2% in September from the month before and jumped 14.5% compared with a year earlier, a 24th consecutive annual increase.
The number of people who filed for unemployment benefits was 194,000 in the week through Oct. 17, 6,000 lower than the revised 200,000 reported a week earlier, the Labor Department said.
Plus, how coaches can help adult learners and Fred goes offline.
The Philippine central bank raised interest rates by more than expected Thursday, warning that inflation would accelerate further as renewed Middle East tensions pushed up energy prices.
South Korea’s central bank held its policy rate steady as expected after two consecutive increases, pausing its tightening as inflation eased but remained above target.
Indonesia’s central bank held its benchmark interest rate steady but raised its deposit facility rate Wednesday.
The government cut borrowing in the first six months of its fiscal year—but at a slower pace than planned—underlining the challenges posed by rising prices and interest payments.
Inflation rose further above the Bank of England’s target as policymakers prepare for a meeting that is expected to yield a first rate increase since the start of the Iran war.
Bond traders had earlier cooled on the prospect of a further rise in interest rates at a policy meeting next month.
Housing starts fell 5.2% in September to 1.221 million. Economists had expected a reading of 1.3 million and for starts to rise 2% over the month.
Plus, AI slop comes for the government, why large families are a status symbol, and lessons from Jerome Powell’s calendar.
Wage growth rose a little in the three months through August, with unemployment also falling, raising the likelihood that the Bank of England will raise its key rate next month.
The field can command six-figure salaries, but understaffing and persistent violence are pushing nurses off the front lines.
Economists say the survey results could set the stage for a Bank of Canada interest-rate increase next week.
Economists surveyed by The Wall Street Journal now see higher bond yields for longer, firmer growth and eventual relief on inflation.
The NAHB/Wells Fargo Housing Market Index, a gauge of builder confidence in the market for newly built single family housing, fell three points to 29 in October. That’s the lowest reading since June 2012.
Canadian inflation ticked higher last month as prices at the pump jumped again, though underlying price pressures look to be holding steady.
Headlines and summaries above are provided by their respective publishers via public RSS feeds. Trading & Finance does not claim authorship of this content.