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People in China are so worried about the economy they’re asking for divine intervention
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Americans’ wealth rises by $3 trillion but remains below early 2022 peak
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White House hails the end of the supply chain nightmare
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‘Labor hoarding’ is gaining steam as businesses brace for a recession
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Eurozone slips into recession as revised data shows two quarters of falling output
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Turkish lira crashes as new government sets sights on ‘rational’ policies
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China’s exports tumble in May as global demand falters
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The case for a 2023 US recession is crumbling
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The job market held up in May. But the Fed may have already decided to pause
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Fitch warns it could still downgrade America’s credit rating despite debt ceiling resolution
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The US economy added 339,000 jobs last month, soaring past expectations — again
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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
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The global economy has likely been spared a US debt default. It still faces a mountain of risks

Highlights

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JPMorgan Chase CEO Jamie Dimon hints at future in politics
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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

More From Economy

Stringer/AFP/Getty Images
People in China are so worried about the economy they’re asking for divine intervention