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Alarm bells were ringing about a potential US recession, but then this week’s jobs report landed
Liu Jie/Xinhua/Getty Images
The job market held up in May. But the Fed may have already decided to pause
Nathan Howard/Bloomberg/Getty Images
Fitch warns it could still downgrade America’s credit rating despite debt ceiling resolution
Allison Joyce/Bloomberg/Getty Images
The US economy added 339,000 jobs last month, soaring past expectations — again
Joe Raedle/Getty Images
Employers are preparing for a recession, but that doesn’t always mean layoffs
Jeff Pachoud/AFP/Getty Images/FILE
Inflation in Europe drops to lowest level since Russia invaded Ukraine
Marcelo del Pozo/Getty Images
The global economy has likely been spared a US debt default. It still faces a mountain of risks
Zhang Bin/China News Service/VCG/Getty Images
China’s small and medium-sized factories post surprise growth, easing market anxiety
Justin Sullivan/Getty Images
The number of available US jobs surged in April, complicating the Fed’s strategy
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China’s economic recovery loses steam as factory production contracts further
Joshua Lott/Reuters
US sanctions Chinese and Mexican firms over fentanyl making equipment
Dominic Lipinski/Bloomberg/Getty Images
Britain is getting so desperate to tame inflation it’s talking about food price caps
Stringer/AFP/Getty Images
One of China’s biggest cities is so cash-strapped it’s calling in debts
Kerem Uzel/Bloomberg/Getty Images
Turkish lira hits new record low after Erdogan election victory

Highlights

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Too few jobs, too many workers and ‘no plan B’: The time bomb hidden in India’s ‘economic miracle’
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Credit ratings agencies like Moody’s decide the US credit rating. Here’s what you need to know about them
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‘The mother of all crises.’ A US debt default would ricochet around the world
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Mario Tama/Getty Images
Alarm bells were ringing about a potential US recession, but then this week’s jobs report landed
The job market held up in May. But the Fed may have already decided to pause
Fitch warns it could still downgrade America’s credit rating despite debt ceiling resolution
The US economy added 339,000 jobs last month, soaring past expectations — again
Jeff Pachoud/AFP/Getty Images/FILE
Inflation in Europe drops to lowest level since Russia invaded Ukraine
The global economy has likely been spared a US debt default. It still faces a mountain of risks
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