Russia is trying to recover from currency dip by hiking interest rates
Russia has increased interest rates to try to stabilize the country's currency. But it doesn't mean it's running out of money to pay for the war in Ukraine.
Economy
A look at this summer's surprising home building boom
Builders broke ground on almost 7% more single-family homes in July than in June. New houses are selling quickly, despite high mortgage rates, because of a shortage of existing homes on the market.
Vegas voters' inflation concerns
It's the anniversary of the Inflation Reduction Act. Voters in Nevada — a key swing state — say inflation is still very much their top issue.
China's economic woes keep getting worse. Here's why
China has seen a series of disappointing economic data this year. UBS' Tao Wang explains what went wrong with the anticipated recovery after China's tough COVID restrictions, and what could come next.
Why the sell-off in bond markets could impact you
The bond markets are being hit hard by the Fed's aggressive rate hikes and recent events including a downgrade of the country's ratings. These are three ways in which that could impact the U.S.
Here's where inflation stands today — and why it's raising hope about the economy
Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.
Hollywood strikes' economic impacts are hitting far beyond LA
The writers and actors strikes in Hollywood are affecting jobs across the U.S. The Motion Picture Association says film and TV productions employ more than 1.7 million people outside California.
July prices give hope the economy may come under control without going into recession
Gas and groceries got more expensive in July, but the price of most other goods was down. The Federal Reserve may be able to bring inflation under control without tipping the economy into recession.
Getting clear prices for hospital care could get easier under a proposed rule
The Biden administration wants hospitals to do more to make their prices understandable, so that consumers know in advance what a health care service will cost them.
Inflation got a little higher in July as prices for rent and gas spiked
Consumer prices rose 3.2% in July from a year ago, up slightly from the 3% annual rise see in June — but still within analyst expectations