The eurozone economy made progress last year. But growth was modest despite a multitude of tailwinds that have now lessened.
While current U.S. economic data show no recession, market turmoil speaks to deeper problems and could spark a recession, writes WSJ chief economics commentator Greg Ip.
Struggling oil and gas companies are maxing out revolving credit lines typically used to cover short-term funding gaps, raising fresh concerns about banks’ exposure to the decline in energy prices.
A gusher of oil at Cushing, the delivery point for the U.S. benchmark crude-futures contract, has put extreme pressure on prices this week.
Facebook, under pressure from government officials, is more aggressively policing material it views as supporting terrorism.
Financial shares led the selloff amid concerns that global central banks struggling to boost growth will worsen an already tough environment for lenders.
Global market turmoil has upended Japan’s finely tuned plan for recovery, sending the country’s top economic advisers scrambling for ways to cope.
Investors are piling into gold, seeking shelter amid concerns that a turn toward negative interest rates in some countries is threatening to destabilize the global financial system.