EY’s Consulting Arm Could Struggle to Compete As Standalone Firm
Strong competition and a slowing economy could pose challenges for Ernst & Young as it looks to stand up a separate consulting brand as part of the planned split of its business.EY’s…
Browsing Tag
Economic Growth/Recession
U.S. Economy Slows in Several Parts of the Country, Fed’s Beige Book Says
Throughout the country, prices for food and energy rose, according to…
What CFOs Are Planning If the Economy Goes South
Facing the possibility of a flagging economy, or even recession, finance chiefs are dusting off playbooks from past slowdowns and plotting strategies for what may be coming.Across…
U.K. Inflation Hits 40-Year High, Putting Government on Defensive
LONDON—The U.K.’s annual rate of inflation jumped to a forty-year-high in April, the highest level recorded by an industrialized nation since the start of the global price surge last…
China’s Economic Distress Deepens as Lockdowns Drag On
HONG KONG—China’s economy descended deeper into a Covid-19-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can prevent a prolonged…
Economy Week Ahead: U.S. Inflation, China’s Exports in Focus
Shoppers in a San Francisco grocery store earlier this month.…
Janet Yellen Says U.S. Economy Remains Strong
Janet Yellen in conversation with WSJ Editor in Chief Matt Murray.…
As Inflation Eases Public Debt Load, Economists Sound Cautionary Note
Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation…
Eurozone Economy Keeps Growing but Recession Risk Looms
The eurozone’s economy continued to grow at a modest pace in the first three months of the year, but faces the threat of a slide into recession as Russia’s war on Ukraine keeps energy costs…
U.S. GDP Falls 1.4% as Economy Shrinks for First Time Since Early in Pandemic
The U.S. economy shrank in the first quarter as supply disruptions weighed on output and masked underlying strength in consumer and business spending that suggested growth will soon…