World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Target to Hire Up to 100,000 Workers for Holiday Shopping Season
With the holiday shopping period on the horizon, Target and other retailers are poised to deal with softened demand, some...
How the Fed’s Rate Increase Will Hit Americans’ Monthly Budgets
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than...
Fed Rate Decision Sends U.S. Treasury Yields in Different Directions
Shorter-term Treasury yields ticked higher while longer-term yields fell Wednesday after the Federal Reserve signaled interest rates will likely climb...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Germany to Nationalize Ailing Uniper After Russian Natural-Gas Cuts
BERLIN—Germany will nationalize Uniper, UN01 -29.89% seeking to save the country’s largest gas importer that was hit hard by Russian...
Iran Protests Challenge Government as Elon Musk Offers Starlink Access
TEHRAN—Iranian protesters clashed with police on Tuesday in a fourth straight day of protests over the death of a young...
Beyond Meat Executive Arrested After Allegedly Biting Man’s Nose in Fight
Beyond Meat Inc.’s BYND -6.04% chief operating officer was arrested in Arkansas over the weekend, after a physical altercation in...
American Airlines Says Data Breach Affected Small Number of Customers
The phishing campaign allowed hackers to gain access to the email accounts of some American Airlines staffers. Photo: JOSHUA ROBERTS/REUTERS...
Climbing Housing Costs Could Prop Up Inflation for a While
Rents and other shelter costs are emerging as a major driver of overall consumer inflation, keeping it high at a...
Judge Rejects Antitrust Challenge to UnitedHealth Acquisition
WASHINGTON—A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s $13 billion acquisition of health-technology...
Apple Readies iOS 16 Bug Fix for Next Week
The latest software for models going back to the iPhone 8 arrived last week, ahead of the release of Apple’s...
Hackers Leaked ‘Grand Theft Auto’ Footage, Rockstar Games Says
Take-Two Interactive Software Inc. said hackers broke into the networks of its Rockstar Games Inc. unit and illegally accessed early-development...
Private Drillers Are Hitting Their Limits
Dozens of small drillers helped fuel a resurgence in the busiest U.S. oil patch over the past two years. But...
Economy Week Ahead: Federal Reserve and Other Central Banks in Focus
Federal Reserve Chairman Jerome Powell’s remarks are always of interest to investors. Photo: BRENDAN MCDERMID/REUTERS Sept. 18, 2022 3:00 pm...
Dollar’s Rise Spells Trouble for Global Economies
The U.S. dollar is experiencing a once-in-a-generation rally. For the rest of the world, that is a big problem.The dollar’s...
Companies and Nonprofits Expand Efforts to Hire Veterans
Efforts to spur hiring of U.S. military veterans have ramped up in recent years. Many private-sector companies and nonprofits are...
Abbott Faces Competition From Heart Valve Device Cleared by FDA
A new heart valve repair device from Edwards Lifesciences Corp. was as effective as the market-leading device from Abbott Laboratories...
What Good Leadership Looks Like Now vs. Pre-Covid
What a difference a pandemic makes. More than two years after the coronavirus began to roil the world, leaders of...
Ford Mustang, Chevy Equinox EV Highlight Muted Detroit Auto Show
Sept. 17, 2022 10:30 am ET The Detroit Auto Show returns from a three-year absence in a downsized format and...
