In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.
Category: United States
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.
What Would Jesus Do? Tackle the Housing Crisis, Say Some Congregations.
The “Yes in God’s Backyard” movement to build affordable housing on faith organizations’ properties is gaining steam in California and elsewhere.
Inside Novo Nordisk, the Company Behind Ozempic and Wegovy
Novo Nordisk’s factories work nonstop turning out Ozempic and Wegovy, its blockbuster weight-loss drugs, but the Danish company has far bigger ambitions.
Poor Nations Are Writing a New Handbook for Getting Rich
Economies focused on exports have lifted millions out of poverty, but epochal changes in trade, supply chains and technology are making it a lot harder.
Japan’s Labor Market Has a Lesson for the Fed: Women Can Surprise You
Japan’s improved labor force participation for women is a reminder not to assume that job market limits are clear and finite.
Big American Tech Profits From Chinese Ad Spending Spree
Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal
Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.