U.S. Retail Sales Rose 1% in June
June’s increase came after sales declined slightly in May, the Commerce Department said Friday.Consumers spent more last month across a...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
WSJ News Exclusive | Amazon Has Been Slashing Private-Label Selection Amid Weak Sales
Amazon.com Inc. AMZN 0.21% has started drastically reducing the number of items it sells under its own brands, and the...
Twitter Lawsuit Adds to Musk’s Tesla and SpaceX Challenges
Tesla and SpaceX didn’t respond to requests for comment. Tesla, still the world’s most valuable auto maker by far, earlier...
Fed Official Says 0.75-Point Interest Rate Rise Seems Most Likely in July
Federal Reserve officials are wrestling with how to set expectations for their policy meeting in two weeks after another scorching...
Hilcorp, Exxon and Conoco Top Greenhouse Gas Emitters, Environmental Groups Say
Hilcorp Energy Co., Exxon Mobil Corp. , Conoco COP -4.96% Phillips and Occidental Petroleum Corp. OXY -3.13% are the U.S....
Hot Inflation Report Puts Pressure on Federal Reserve
Another big increase in consumer prices last month led investors Wednesday to anticipate that the Federal Reserve would strongly consider...
Netflix Partners With Microsoft for New Advertising-Backed Option
Netflix Inc. NFLX 1.21% said it chose Microsoft Corp. MSFT -0.37% to help launch a low-cost, advertising-supported streaming plan, a...
U.S. Inflation Hits New Four-Decade High of 9.1%
U.S. consumer inflation climbed to 9.1% in June, a pace not seen in more than four decades, adding pressure on...
Beware Wishful Thinking About Inflation and Recession
Inflation has peaked. The Fed’s tightening has accomplished its mission. Strong labor market and consumer fundamentals will keep any recession...
Migrant Surge Is Top Concern at Biden Meeting With Mexico’s López Obrador
President Biden met Tuesday with Mexico’s president at the White House as both nations face a surge in illegal border...
Twitter Sues Elon Musk to Enforce $44 Billion Merger
Twitter Inc. TWTR 4.32% sued Elon Musk over the billionaire’s attempt to walk away from his $44 billion takeover bid,...
Treasury Nominee Pressed on Global Tax Deal, China Tariffs, Inflation
WASHINGTON—Senators pressed Jay Shambaugh, President Biden’s pick to serve as the Treasury Department’s top economic diplomat, about the administration’s efforts...
Union Organizing Efforts Rise in First Half of Year
The number of U.S. workplaces where employees have started trying to organize unions jumped this year to the highest level...
Global Tax Talks Hit Another Delay
The most significant changes to global tax rules in a century will take longer than planned, negotiators said Monday, as...
Gap CEO Sonia Syngal Is Stepping Down
Gap Inc. GPS -1.57% replaced chief executive Sonia Syngal after a little more than two years on the job, making...
Frontier Asks Spirit Airlines to Further Delay Shareholder Vote on Deal
Frontier ULCC -0.23% Group Holdings Inc. said it is done bidding against rival JetBlue JBLU -2.25% Airways Corp. for Spirit...
‘Thor: Love and Thunder’ Rocks the Box Office
Thor stole everyone’s thunder this weekend at the box office, solidifying another blockbuster performance for Marvel Studios, which continues to...
Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.
Elon Musk’s showdown with Twitter Inc. TWTR -5.10% has set the stage for what could become one of the most...
Baby-Formula Production Has Restarted at Abbott’s Michigan Plant
Abbott Laboratories ABT -0.21% has reopened its biggest factory after a shutdown last month that dealt another blow to efforts...
Macau Shuts Casinos as City Enters Weeklong Lockdown
Residents lined up to get tested for the coronavirus in Macau last week. Photo: STRINGER/REUTERS HONG KONG—The gambling enclave of...
