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The World Tied $3.5 Trillion-Plus of Debt to Inflation. The Costs Are Now Adding Up.

Listen to article(2 minutes)Governments and companies around the world spent decades loading up on trillions of dollars of debt whose interest costs rise and fall alongside inflation. But what served as cheap funding when prices were stagnant has rapidly become more expensive. Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)Governments and companies around the world spent decades loading up on trillions of dollars of debt whose interest

Home Prices Fell Year-Over-Year in May

Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

Dove Maker Unilever Still Raising Prices as Volumes Slip

The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Why the Fed Isn't Ready to Declare Victory on Inflation

Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

How U.S. Drug Companies Could Tip Europe Into Recession

Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Why Businesses Can’t Stop Asking for Tips

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tipping-businesses-cant-stop-asking-cc1aca6c This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.…

It’s Taylor Swift’s Economy, and We’re All Living in It

Swifties flocking to Eras Tour cities are filling hotels and crowding restaurants; the Fed has noticed, tooFans made their way across the People’s Bridge to Nissan Stadium in Nashville ahead of Taylor Swift’s May 6 concert. Seth Herald/Getty Images Swifties flocking to Eras Tour cities are filling hotels and crowding restaurants; the Fed has noticed, tooFans made their way across the People’s Bridge to Nissan Stadium in Nashville ahead of Taylor Swift’s May 6 concert. Seth Herald/Getty Images FOLLOW US ON GOOGLE…

Untangling the U.S. From China's Economy Is Messy

The effort to move supply chains out of China is complicated by intertwined Asian markets and Chinese dominance in clean-energy technology. The effort to move supply chains out of China is complicated by intertwined Asian markets and Chinese dominance in clean-energy technology. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…