The Wall Street Journal

US economy could withstand one shock, but four at once?

US economy could withstand one shock, but four at once?
Federal student loan payments restart on Oct 1, which could divert as much as $100 billion from Americans’ pockets. (Image: Getty)
The Wall Street Journal
By David HarrisonThe US economy has sailed through some rough currents this year but now faces a convergence of hazards that threaten to create more turbulence.Among the possible challenges this fall: a broader auto workers strike, a lengthy government shutdown, the resumption of student loan payments and rising oil prices.Each on its own wouldn’t do too much harm. Together, they could be more damaging, particularly when the economy is already cooling due to high interest rates.“It’s that quadrupl...

More World

Google revenue soars on AI boom
Technology

Google revenue soars on AI boom

Google is spending billions of dollars on infusing its products with AI capabilities.

GM profit shrinks after US$1.1 billion tariff hit
World

GM profit shrinks after US$1.1 billion tariff hit

Automaker warns tariff impact will be greater next quarter; stock price tumbles.