Lisa Cook Wins Senate Confirmation to Federal Reserve
Lisa Cook served as an economist on the staff of the Council of Economic Advisers during the Obama administration. Photo:...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Elon Musk Says He Would Reverse Donald Trump’s Twitter Ban
“I do think that it was not correct to ban Donald Trump. I think that was a mistake because it...
Tech Industry Warns That More Remote-Work Jobs Are Headed Out of U.S.
WASHINGTON—Tech-industry representatives are coming to Capitol Hill this week to warn that the remote-work trend will lead to more offshoring...
Americans Planning Summer Travel Face a New Hurdle: High Inflation
Americans itching to travel this summer after navigating Covid-19 for the past two years face a new disruption to plans:...
Tyson Foods Profits Soar as Meat Prices Climb
Tyson Foods Inc. TSN 2.22% reported soaring profits as the company raised prices for beef, chicken and pork, citing higher...
Ford Sells About 8% of Its Stake in Electric-Vehicle Startup Rivian
Ford Motor Co. has sold off about 8% of its stockholdings in Rivian Automotive Inc., according to people familiar with...
WSJ News Exclusive | Philip Morris International in Talks to Buy European Smokeless-Tobacco Rival
Philip Morris International Inc. PM 2.18% is in advanced talks to acquire Swedish Match SWMA -0.58% AB, according to people...
Economy Week Ahead: U.S. Inflation, China’s Exports in Focus
Shoppers in a San Francisco grocery store earlier this month. Economists forecast that year-over-year readings for the consumer-price index started...
‘Doctor Strange’ Gives Summer Movie Season a Strong Start
The summer blockbuster is back.After two years of delays, cancellations and false starts because of the Covid-19 pandemic, the 2022...
Millions of Americans Are Turning to Therapy, and Investors See an Opportunity
Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king.Venture...
They Came, They Hiked, They Stayed: Retirees Lift Fortunes in Rural America
PIGEON FORGE, Tenn.—Tom and Barb Hansen’s search for a retirement spot reads like the script to a road movie. California’s...
Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall
Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers...
Consumers Have Spearheaded Recovery, but Data Signal a Potential Change
American consumers are at a crossroads. In large part, they have weathered the economic storm caused by the pandemic, saved...
WSJ News Exclusive | Boehly-Led Group Said to Have Reached Deal to Buy Chelsea F.C.
A group led by Los Angeles Dodgers part-owner Todd Boehly reached a deal to acquire Chelsea Football Club from Russian...
Moderna Seeks to Dismiss Covid-19 Vaccine Patent Lawsuit
Moderna Inc. is trying to fend off rival companies’ claims that its Covid-19 vaccine infringes their patents, arguing that the...
Judge Dismisses Trump Suit Against Twitter Over Censorship Claims
A federal judge has tossed a lawsuit filed last year by former President Donald Trump against Twitter and its then-chief...
Rapid Pace of U.S. Job Growth Stretched Into April
The U.S. labor market extended a run of rapid job growth last month despite jittery markets and increased economic uncertainty,...
Nvidia Agrees to Pay $5.5 Million to Settle SEC Probe Over Cryptomining Disclosure
WASHINGTON—Nvidia has agreed to pay $5.5 million to settle a regulatory investigation that found it didn’t adequately reveal the impact...
DraftKings Reports Strong Sales as Gambling Unfazed by Inflation
DraftKings Inc. DKNG -6.30% said first-quarter sales rose by more than a third, adding that record inflation was having no...
Ports Race to Clear Cargo, Fearing an Import Overload When China Lifts Lockdowns
Western ports are bracing for increased congestion when China eventually lifts stringent Covid-19 restrictions in major cities, which could come...
