Economic Performance/Indicators

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…

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…

The backup of container ships off Southern California’s coast that was at the heart of U.S. supply chain congestion during the Covid-19 pandemic has effectively disappeared.The queue of ships waiting to unload at the ports of Los Angeles…

SmileDirectClub Inc.’s finance chief is cutting costs as the company, whose sales have plunged amid high inflation, aims to turn a profit next year.Demand for the company’s teeth straighteners, which sell for…

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…

Finance chiefs are finding it harder to peg yearly guidance as they struggle for visibility on the direction of the economy, leading them to broaden their annual revenue ranges and revise spending plans more frequently.Finance chiefs,…

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…

Record home prices and higher mortgage rates in May made it the most expensive month since 2006 to buy a home, prompting more buyers to give up and pressuring sellers to cut asking prices.The National Association of Realtors’…