As Gas Prices Near $5 a Gallon, Record Fuel Costs Upend Businesses, U.S. Economy
As U.S. gasoline prices approach a record average of $5 a gallon, fuel costs are rippling through almost every corner...
Month: June 2022
Disney Fires Top TV Executive Peter Rice as Board Backs CEO Bob Chapek
In a surprise shake-up, Walt Disney Co. on Wednesday fired Peter Rice, a top television executive, just months after renewing...
Some Flight Attendants Can Bring Their Full Selves to Work—Tattoos, Sneakers, Nose Studs and All
Drinks ordered at 36,000 feet may now come served with a side of ink. Virgin Atlantic Airways Ltd. last week...
U.S. Jobless Claims Rose Above Prepandemic Average Last Week
New applications for unemployment benefits rose last week above their prepandemic average for the first time since January, adding to...
Hospitals Face Penalties for First Time for Failing to Make Prices Public
Two Georgia hospitals on Wednesday were hit with federal financial penalties for failing to disclose their prices, marking the first...
Trader Joe’s Workers Seek to Form a Union
A group of Trader Joe’s employees in Massachusetts filed with a federal agency to hold a union election, joining other...
WSJ News Exclusive | ‘Live PD’ Is Coming Back on TV This Summer as ‘On Patrol: Live’
The hit reality TV show that followed police live is getting a second life on the Reelz cable network two...
Powell’s Opinions on Inflation Matter, Not Biden’s
One of the reasons inflation got out of control in the 1970s is that policy makers had heterodox theories about...
Chicken Company Foster Farms Sold to Private Equity Firm
Foster Farms, a West Coast-based chicken company with $3 billion in annual revenue, has agreed to a takeover by private-equity...
Target Warns of Weaker Profit as it Faces Overstuffed Stores, Inflation-Weary Shoppers
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U.S. Imports Slowed in April, Shrinking Trade Deficit From Record
WASHINGTON—The U.S. trade deficit narrowed in April as imports fell sharply, reflecting a moderating appetite for foreign goods and materials...
Elon Musk Threatens to End Twitter Deal Over Lack of Information on Spam Accounts
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WSJ News Exclusive | Kohl’s Enters Exclusive Talks to Be Sold to Vitamin Shoppe Owner
Kohl’s Corp. is in advanced talks to be sold in a deal that could value the department-store chain at roughly...
WSJ News Exclusive | Biden Decision on Student-Loan Forgiveness Unlikely Until Later in Summer, Officials Say
WASHINGTON—President Biden is likely to decide later this summer whether to partially forgive student-loan debt for millions of borrowers, according...
WSJ News Exclusive | Inflation, Political Division Put U.S. in a Pessimistic Mood, Poll Finds
Americans are deeply pessimistic about the U.S. economy and view the nation as sharply divided over its most important values,...
Economy Week Ahead: Inflation in Focus
The U.S. consumer-price index for May is forecast to show inflation remained high. Photo: Spencer Platt/Getty Images U.S. and China...
‘Friend-Shoring’ Might Be Bad for Global Growth, Inflation
As geopolitical tensions rise, Western governments have urged international companies to shift more business to friendly countries. Some critics think...
Elon Musk’s Bot Problem on Twitter Is Extraordinary
The Tesla CEO’s prominence and interaction with other users, as well as the topics he tweets about, make him a...
Individual Income Tax Payments on Pace to Reach Record Level
WASHINGTON—An unprecedented gush of income tax revenue is flowing into the federal government, driven in part by investors and business...
Elon Musk Says Tesla Plans to Cut 10% of Salaried Staff
Tesla Inc. plans to cut 10% of its salaried workforce amid concerns about the global economy and following a hiring...
