"Biden’s targeted loan forgiveness will help, not harm, the economy."

>"Buyers are calling off their searches as the cost of buying a home increases. That's making people across the country think carefully _...Read More_

>"Rolling coverage of the latest economic and financial news"

>"The online retailer, which has criticized Visa’s fees, said it is negotiating a deal that would allow customers to keep using their U.K. cards."

>"The Chinese government’s fight to control housing prices and insulate the economy is bound up with some very fundamental human impulses—and decisions made decades ago."

>"December and January typically mark the peak shopping period for Lunar New Year gifts, but lockdowns and an uncertain 2022 have made many consumers increasingly reluctant to open their pocketbooks."

"Companies hope that by making price increases hard to see, they can escape notice and avoid a customer backlash."

"U.S. shoppers accelerated their level of spending in October even as the prices of goods jumped at their fastest pace since the 1990s, the Commerce Department reported _...Read More_

"New Zealand is pulling every lever to tame property prices without shaking its economy and crashing the market."

>"Industry groups are warning President Biden that his COVID-19 vaccine mandate for federal contractors will exacerbate _...Read More_

"Investors should expect to see the surge in house prices that started roughly 18 months ago begin to push up rents, and in turn drive overall inflation gauges higher."

"The online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges."

"There's no utility in listening to investors in economic-pundit mode and none in using forecasts to make money."

>"A second union vote may be held at an Alabama warehouse, and new tactics by the Teamsters and other groups aim to pressure Amazon _...Read More_

Jobs up. Wages up. Health care coverage up. And now, retail sales up. The economy is booming.