Economic Growth/Recession

Strong competition and a slowing economy could pose challenges for Ernst & Young as it looks to stand up a separate consulting brand as part of the planned split of its business.EY’s leaders last week approved separating the…

SINGAPORE—China is expected to record its weakest growth rate in more than two years, a measure of the costs imposed on the world’s second-largest economy by Beijing’s zero-tolerance approach to Covid.Retail sales and industrial production…

Throughout the country, prices for food and energy rose, according to the beige book, which is a compilation of economic…

Facing the possibility of a flagging economy, or even recession, finance chiefs are dusting off playbooks from past slowdowns and plotting strategies for what may be coming.Across industries, companies have been singed by inflation, which…

Shoppers in a San Francisco grocery store earlier this month. Economists forecast that year-over-year readings for the…

Treasury Secretary Janet Yellen said the U.S. economy remains strong despite the fact that it shrank in the first quarter of this year, adding that both persistently high inflation and…

Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked.Some highly indebted European…

The eurozone’s economy continued to grow at a modest pace in the first three months of the year, but faces the threat of a slide into recession as Russia’s war on Ukraine keeps energy costs high and squeezes household spending…

The U.S. economy shrank in the first quarter as supply disruptions weighed on output and masked underlying strength in consumer and business spending that suggested growth will soon resume.The decline in U.S. gross domestic product at a…

March durable goods data are expected to reflect a rebound for new orders after February weakness.…