economic performance

The housing boom of the past two years propelled U.S. home prices to record highs throughout the country. But in hundreds of cities, the red-hot market hasn’t yet brought back prices to…

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…

HONG KONG—A nearly yearlong shakeout in China’s housing market is throwing up some clear winners: state-owned developers.As former industry leaders from China…

The prospect of losses on the Federal Reserve’s holdings of securities is a real issue for U.S. taxpayers, a former top central bank staffer wrote in a research note Wednesday.…

Consumers, rejoice. This could be the year of clearances and deals. Retailers reporting earnings this week have seen a surge of inventory as they found…

Rapidly rising mortgage rates and record home prices are cooling the U.S. housing market, as April sales dropped for the third straight month and fell to their weakest pace in nearly two…

New applications for unemployment benefits rose for the third week in a row, amid separate signs that the U.S. labor market remains unusually tight.…

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…

Home Depot HD -1.57% boosted its outlook for the year after reporting first-quarter sales rose 3.8%, as fewer…

U.S. shoppers increased retail spending in April for the fourth straight month, taking on higher prices with inflation close to its highest level in four decades.Retail sales—a measure of…