Deals for house purchases are collapsing after lenders pulled mortgage offers in response to soaring interest rates. Smaller lenders such as Kensington, Accord Mortgages and Hodge were among those to…
Russia’s invasion of Ukraine will cost the global economy $2.8 trillion in lost output by the end of next year—and even more if a severe winter leads to energy rationing…
U.S. stocks inched higher Wednesday, recovering some losses from the previous day’s wild session that was spurred by a hotter-than-expected inflation report. The S&P 500 added 13.32 points, or 0.3%,…
Weaker demand for oil in China, as the economy faces stop-start Covid-19 lockdowns, is outweighing robust crude demand elsewhere in the world and will crimp oil demand growth this year,…
China’s powerful cyberspace regulator has taken the first step in a pioneering—and uncertain—government effort to rein in the automated systems that shape the internet. Earlier this month, the Cyberspace Administration…