container ships lined up at a pier at night with cranes overhead unloading shipping containers

World Bank Warns of ‘Stagflation’ Amid Russia War

The World Bank has sharply downgraded its outlook for the global economy, pointing to Russia’s war against Ukraine, the prospect of widespread food shortages and concerns about the potential return of “stagflation” – a toxic mix of high inflation and sluggish growth unseen for more than four decades.

Businessmen use telescopes to observe the growth of business data

Bonds, Haven for Elderly and Cautious, are Getting Torched

High-quality U.S. bonds have lost more than 10 percent so far this year, as of Monday, on pace for one of their worst years in history. The investors feeling it the most are the very ones who invest conservatively, favoring bonds instead of stocks in hopes of securing historically steady returns.