Inflation Warning: Should the Fed Raise Interest Rates?

It’s no surprise that consumer prices are rising — the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will …

Consumer Sentiment Jumps to Highest Level Since June

Another good week for the U.S. economy: Initial jobless claims fell below the key 400,000 level, and the consumer sentiment index rose to its highest point in eight months, indicating that Americans are increasingly confident t…

Can China Tame Its Inflation Dragon?

To quell rapidly climbing prices, China has raised interest rates for the third time since October. But signs are growing that it may not be able to keep the problem under control. And despite the economic threat from inflation…