The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.
Category: Consumer Behavior
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
Brighter Economic Mood Isn’t Translating Into Support for Biden
Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.
Levi’s Wants You to Rethink Your Denim Shopping
Under a new chief executive, the brand known for jeans is aiming to be a full outfitter, working primarily through its own stores and e-commerce.
Will Food Prices Stop Rising Quickly? Many Companies Say Yes.
Food companies are talking about smaller price increases this year, good news for grocery shoppers, restaurant diners and the White House.
He Grew Up in the Shadow of the ‘Wolf of Wall Street.’ Then He Got Into Debt Settlement.
Ryan Sasson built a business that reaped hundreds of millions of dollars in fees for helping people negotiate down their debts. But former clients — and prosecutors — say it was exploitative.
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Economists Predicted a Recession. So Far They’ve Been Wrong.
A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.
U.S. Economy Grew at 3.3% Rate in Latest Quarter
The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.