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What to expect from Friday’s jobs report
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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
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China’s small and medium-sized factories post surprise growth, easing market anxiety
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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
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US sanctions Chinese and Mexican firms over fentanyl making equipment
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One of China’s biggest cities is so cash-strapped it’s calling in debts
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Turkish lira hits new record low after Erdogan election victory
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Higher mortgage rates, lower social security payments: The calamity Washington wants to avoid with a debt ceiling deal
Vijay Bedi/CNN
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

Highlights

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The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike
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Americans’ outlook on retirement darkens to an 11-year low
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Mortgage rates rise as debt ceiling standoff drags on
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Germany falls into recession as consumers in Europe’s biggest economy spend less

More From Economy

Joe Raedle/Getty Images
What to expect from Friday’s jobs report
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
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
China’s economic recovery loses steam as factory production contracts further
US sanctions Chinese and Mexican firms over fentanyl making equipment
Britain is getting so desperate to tame inflation it’s talking about food price caps

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