Tag: <span>Economy</span>

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Signs Are Pointing to a Slowdown in the Housing Market—At Last

Just about everyone agrees that the reason home prices have shot up 34% in the last two years is that there is a lot of demand for housing, but not enough supply.

But the U.S. may be at a crucial jun..


Sri Lanka Default Hints at Trouble Ahead for Developing Nations

Sri Lanka’s impending default on $12.6 billion of overseas bonds is flashing a warning sign to investors in other developing nations that surging inflation is set to take a painful toll.

The South As..


The Real Reasons Behind the Crypto Crash, and What We Can Learn from Terra’s Fall

Crypto markets are in freefall this month—and their struggles have been gravely exacerbated by the demise of a $60 billion project that critics are calling a Ponzi scheme.

The project in question is..


Washington Politicians Helped Create the Baby Formula Shortage. Can They Solve It?

As parents across the country frantically search for baby formula amid a nationwide shortage, many have heard that the source of the problem is in Sturgis, Mich. That’s where Abbott, the multinational..


The Back Booth: An ‘Orgy of Oppo’ on Madison Cawthorn and an Unprecedented Subpoena

Welcome to The Back Booth, a weekend edition of The D.C. Brief. Here each Saturday, TIME’s politics newsletter will host a conversation between political professionals on the right and the left, pulli..


One Investment Firm’s Bold Experiment to Finance the Future of American Farming

The Dwelley family has farmed the fields of Brentwood, Calif., for a century, growing organic sweet corn, cherry trees, and low, leafy green beans some 50 miles east of San Francisco.

During every ha..


Price Spikes In Asia Mean the Whole World Is Now Dealing With Inflation

The world is now facing a synchronized inflation outbreak as food and energy prices surge in Asia, a shift from just a few months ago when the region appeared to avoid the price fever gripping the U.S..


How Sanctions on Russia Will Hurt—and Help—the World’s Economies

Barring a near-miracle, sooner or later, sanctions will cripple Russia’s economy. To most economists, that seems like an open and shut case.

What’s more nuanced, however, is how those same bans on tr..


How Record-Setting Inflation Could Affect Democrats in the Midterms

Rep. Cindy Axne’s position on inflation has taken a sharp turn since ice cream season.

Over the summer, when a constituent asked the Iowa District 3 Congresswoman if she was “concerned about the risi..


U.S. Inflation Hits 40-Year High After Larger-Than-Forecast Gain

U.S. consumer prices surged in January by more than expected, sending the annual inflation rate to a fresh four-decade high and adding more urgency to the Federal Reserve’s plans to start raising inte..