Business
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The Fed’s Preferred Inflation Measure Remains Stubbornly High
The Federal Reserve’s preferred inflation gauge remained elevated in new data released on Friday, further evidence that the central bank…
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Bonds May Be Having Their Worst Year Yet
It is a horrible time for stocks, which have spent the year in a bear market. But guess what? When…
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Eurozone Inflation Sets Another Record, Hitting 10 Percent in September
Consumer prices in the countries that use the euro as their currency rose at an annual rate of 10 percent…
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The Markets Face a Rare Double Decline
The bears lead the way.Credit...Michael M. Santiago/Getty ImagesThe ties that bind Technology stocks have long been seen as the market’s…
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Downpours From Ian Prompt Florida Treatment Plants to Release Waste
As of Thursday afternoon, excess water from Hurricane Ian had prompted at least a dozen wastewater treatment facilities in Florida…
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Confused by the New Mortgage Gimmicks? Here’s a Guide.
The new math is unforgiving: At 6.7 percent, the average 30-year fixed-rate mortgage has more than doubled in less than…
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Does Your House Earn $266 a Day?
Rising home values have long been a dependable way to generate equity, and recent price increases have been stunning: In…
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U.S. Economy Weaker Than Thought in Year’s First Half, by One Measure
A key measure of U.S. economic output grew more slowly in the first half of the year than previously believed,…
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Hospitals in Coastal Cities Risk Flooding Even in ‘Weak’ Hurricanes, Study Finds
In a large proportion of the metropolitan areas along the Atlantic and Gulf coasts of the United States, at least…
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Porsche Takes off in Trading Debut
SIGN UP Want this in your inbox each morning? Get it sent to your inbox.Porsche makes its big markets debut.Credit...Michael Probst/Associated…