Economic News

By Ashutosh Joshi   An eight-fold surge in tomato prices is making some Indian farmers rich, although their windfall gains may be short-lived due to a likely rise in supplies in the coming weeks.   Retail prices of…

Investments in solar power are on course to overtake spending on oil production for the first time, the foremost example of a widening gap between renewable-energy funding and stagnating fossil-fuel industries, according to the head of the…

Russia’s invasion of Ukraine a year ago prompted a volley of tough sanctions from the U.S. and its allies, a historic use of economic measures that will likely have lasting implications for businesses.Financial crime experts widely agree…

Federal Reserve Bank of New York President John Williams discussed the outlook for the labor market, inflation and interest rates during a live interview at The Wall Street Journal’s CFO Network Summit in New…

Some U.S. companies face reduced cash flows and higher tax bills this year as they are hit by a double whammy: Federal Reserve interest-rate hikes and a tax-law change on deducting interest expenses. For years, businesses generally could…

Risk experts predict businesses could face another year of tumult as the U.S. and international powers jockey for position in a new era of geopolitical shifts.The previous year brought Europe’s largest armed conflict since World War II and…

U.S. Customs and Border Protection has barred imports from three companies, including a supplier to Western apparel companies, that the agency says could be using North Korean forced labor. As part of a…

Major advertising forecasting firms say global advertising growth in 2023 will be slower than previously predicted.  Media owners’ ad revenue will grow 4.8% to $833 billion next year, according to a new…

As some U.S. companies are turning to job cuts to reduce costs, chief financial officers and other executives are navigating a host of potential stumbling blocks.While jobless claims are still historically low, U.S.-based employers…

Executives are aggressively paying down debt as higher interest rates increase the cost associated with having debt and businesses face the prospect of a recession. Finance chiefs across industries are feeling the pinch of higher borrowing…