US economy

Amazon boss Jeff Bezos is calling for a wage-price spiral – inflation is coming

Pressure is building by the day for higher inflation, and the Amazon founder’s call for higher minimum wages is just the latest expression of that. John Stepek explains what that means for your money.

Sun comes back out on Wall Street

US stocks are going from strength to strength as improved data drives confidence. Marina Gerner reports.

Investors shouldn’t worry too much about a recession – here’s why

Fears of a downturn are playing on the minds of plenty of investors right now, says John Stepek. But they are getting ahead of themselves.

A. Gary Shilling: a recession is coming

A. Gary Shilling was among the few investors to correctly predict a lengthy stagnation in the wake of the financial crisis. Now he’s warning of a recession.

Chart of the week: US road haulage index defies the gloom-mongers

Transportation data is a helpful leading indicator, and according to America’s For-Hire Truck Tonnage index, there is no sign of a dip in demand for road freight.

Please regulate me, says Zuckerberg

The Facebook boss has called for global rules to police social media. Stuart Watkins reports.

MMT: shaking the magic money tree

“Modern monetary theory” – or MMT – is all the rage among progressive thinkers, especially in the United States. What is it? And does it stand up to scrutiny? Stuart Watkins reports.

Trump’s budget is a wily political move

The US president gears up for negotiations with budgets that have no hope of passing. Emily Hohler reports.

Mr Charisma takes aim at the presidency

US congressman Beto O’Rourke has announced his candidacy for the presidency and he’s off to a flying start.

The Federal Reserve is doing what markets want – so why aren’t they going up?

At its latest meeting, the Federal Reserve surprised everyone by being even more dovish than expected. But markets aren’t exactly roaring ahead. John Stepek explains why.

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