[ad_1] TOKYO—Japan’s economy contracted at a faster pace than initially estimated in the July-September quarter due to weak consumer spending, revised government data showed Friday. The economy shrank 2.9% on…
Tag: Economic Growth/Recession
How Rising Profits Could Prevent the Economy From Faltering
[ad_1] Profits have been making a comeback. That makes a comedown for the U.S. economy seem less likely. The Commerce Department on Wednesday reported that before-tax corporate profits rose 1.1%…
China’s Economy to Meet 5% Growth Target, PBOC Says
[ad_1] Nov. 27, 2023 9:44 pm ET|WSJ Pro China’s central bank said the economy is expected to realize its 5% growth target this year while calling for an economic transformation…
The World’s Largest Buyer of U.S. Debt Isn’t Going Away
[ad_1] Could the largest foreign buyer of American debt suddenly stop buying? Here is a comforting thought: This problem is probably already behind us. At a time when government issuance…
Wall Street Has a Plan for a Soft Landing: Buy More Stocks
[ad_1] Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fresh wave of demand for stocks. Markets have rallied since last week’s…
The Elusive Soft Landing Is Coming Into View
[ad_1] Nov. 15, 2023 12:01 am ET The U.S. economy is approaching what most economists had thought either unlikely or impossible: inflation returning to its prepandemic norm without a recession…
Japan’s Economy Shrinks for First Time in Three Quarters
[ad_1] Updated Nov. 14, 2023 7:17 pm ET TOKYO—Japan’s economy shrank for the first time in three quarters in the July-September period due to sluggish spending by domestic consumers and…
Holiday Hiring Demand Drops Off, a Warning for the Job Market
[ad_1] Businesses need fewer extra workers for holiday jobs this fall after fighting in recent years to find enough staff to stock shelves, fill boxes and deliver packages during the…
China’s Middle East Clout Has Limits
[ad_1] For most of the past decade, China’s story in the Middle East has been straightforward: endlessly rising investment, trade and influence. Having brokered a return to diplomatic relations between…