When Donna Jones and her husband looked to rent a home in Northern Virginia in February, they often received the same response: Sorry, but someone else offered to pay more rent.“We didn’t even know you could do that,” Ms. Jones said.…
Think the Fed’s job is hard? At least the U.S. Federal Reserve can concentrate on fighting inflation. In Japan and Europe, the central banks are battling the markets, not merely price rises. That’s leading to some very strange, even…
The stock-market selloff deepened Monday, with the S&P 500 entering a bear market, as investors took another look at Friday’s red-hot inflation data and liked it even less.Faced with rising chances of aggressive monetary tightening…
The average price of a gallon of regular unleaded gas in the U.S. hit $5 Friday night, and the rise in fuel costs is expected to persist throughout the busy summer driving season. The record high, according to OPIS, an energy-data and…
Peloton Interactive Inc.
is exchanging its top finance executive about four months after it named a new chief executive, a move that comes as the fitness-equipment maker navigates…
A run of mixed economic data is dragging on the U.S. dollar, stalling a rally that has rippled through the economy and financial markets.The WSJ Dollar Index, which measures the dollar against a basket of 16 currencies, is around 2% off…
Stocks rose Thursday, with all three major U.S. indexes in the green, putting the S&P 500 on track to finish the week in positive territory. The benchmark S&P 500 gained around 1.8% in 4 p.m. trading, while the tech-focused…
When the tide goes out you find out who was swimming naked, Warren Buffett memorably said. The tide’s definitely gone out in markets this year, but finance has come through with few problems. Is it possible that this time not many were…