The Housing Market Is Shifting. Sellers Are Getting Anxious.

New Orleans homeowner Lisa Tourtelot says homes were flying off the market in her neighborhood as recently as a month ago. Now, as she prepares to list her own house for sale, the homeowner is on edge. Mortgage rates, property taxes, and homeowners insurance are all on the rise, she says — developments the 36-year-old … Read more

How to Stop Russia’s Plan for Global Food Chaos

About 25 million tons of grain now sit in Ukrainian silos blocked by Russian ships. By disrupting global food and energy supplies, the Kremlin seeks to spark multiple international crises, forcing the West to pressure Ukraine into negotiations. The US should spoil Russia’s strategy by establishing a maritime corridor with a naval coalition of the … Read more

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

School’s Out for Summer and Many Teachers Are Calling It Quits

Many teachers have packed up classrooms for the last time as schools break for summer, leaving a profession where stresses have multiplied as a national teacher shortage threatens to grow. Some 300,000 public-school teachers and other staff left the field between February 2020 and May 2022, a nearly 3% drop in that workforce, according to … Read more

How to Keep Your Job, or Find a Better One, if There’s a Recession

The job market is still really hot. But concerns about the economy have many people wondering if their jobs are secure enough to survive. In the past week, Tesla said it would lay off 10% of its white-collar workers and there have been layoffs and hiring freezes or slowdowns at Netflix, Carvana and Robinhood, among … Read more

School’s Out for Summer and Many Teachers Are Calling It Quits

Many teachers have packed up classrooms for the last time as schools break for summer, leaving a profession where stresses have multiplied as a national teacher shortage threatens to grow. Some 300,000 public-school teachers and other staff left the field between February 2020 and May 2022, a nearly 3% drop in that workforce, according to … Read more

Petro and Colombia’s Rule of Law

Former M-19 rebel Gustavo Petro won Colombia’s runoff presidential election Sunday with 50.5% of the vote. His opponent, businessman Rodolfo Hernández, received 47.3%. The rest of the votes were either left intentionally blank or annulled by electoral authorities. With nearly half of all voters declining to endorse Mr. Petro, there is no mandate for radical … Read more

Stocks Historically Don’t Bottom Out Until the Fed Eases

Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 … Read more

Stocks Historically Don’t Bottom Out Until the Fed Eases

Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 … Read more

Stocks Historically Don’t Bottom Out Until the Fed Eases

Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 … Read more