U.S. Regulators Raise Concern With Stablecoin Digital Currency
Top U.S. financial regulators said they are prepared to take action to address risks to the financial system posed by...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Family Business Deals Help Fuel Carvana’s Explosive Growth
When Ernie Garcia III came up with a plan to disrupt the used-car market by taking it online, he got...
Fentanyl Invades More Illicit Pills, With Deadly Consequences
Zachary Didier took what looked like a prescription pain pill just after Christmas last year, according to his parents. It...
The Elizabeth Holmes Trial: Prosecution Gives Final Pitch in Closing Arguments
SAN JOSE, Calif.—Prosecutors in Elizabeth Holmes’s criminal-fraud trial made their case one more time in closing arguments Thursday as jurors...
CDC Advisers Review Blood-Clotting Risk Associated With J&J’s Covid-19 Vaccine
U.S. vaccine advisers are meeting to consider whether to change recommendations on the use of Johnson & Johnson ’s Covid-19...
Netflix Slashes India Prices in Battle with Amazon, Disney
Netflix Inc. NFLX 1.18% is slashing its prices in India, a key market for global growth where it trails cheaper...
Container Imports Tumble at Los Angeles, Long Beach Ports
Container imports at the largest U.S. gateway for seaborne goods trade fell sharply in November, even as backups of ships...
Democrats’ $2 Trillion Package Stalls as Manchin Talks Make Little Headway
WASHINGTON—Democrats braced for weeks of delay and uncertainty on their roughly $2 trillion education, healthcare and climate package they had...
Hackers Backed by China Seen Exploiting Security Flaw in Internet Software
Hackers linked to China and other governments are among a growing assortment of cyberattackers seeking to exploit a widespread and...
I’ve Tried to Make Travel Better for 20 Years. Mostly It’s Gotten Worse.
I fear I’ve failed.When I started covering aviation, flights were expensive, delays were maddening and the coffee on Southwest Airlines...
House Approves Increase in Debt Ceiling, Sending Measure to Biden
WASHINGTON—Congress passed a measure raising the government’s borrowing limit by $2.5 trillion, sending to President Biden’s desk legislation that is...
Biden to Nominate Sandra Thompson to Lead Fannie and Freddie’s Overseer
WASHINGTON—President Biden plans to nominate Sandra Thompson to become the permanent director of the Federal Housing Finance Agency, the White...
Millennials Are Supercharging the Housing Market
The generation that supposedly didn’t want to buy things now accounts for over half of all home-purchase loan applications. Economists...
Pfizer Says Its Covid-19 Pill Likely Works Against Omicron
Pfizer also said Tuesday that a final analysis of late-stage study results confirmed the drug, named Paxlovid, was 89% effective...
Flash-Mob Thefts Planned on Snapchat and Other Apps, Police Say
SAN FRANCISCO—A recent rash of thefts by fast-moving mobs at stores in the Bay Area and outside Minneapolis were organized...
Harley-Davidson’s Electric-Vehicle Division to Go Public Via SPAC Merger
Harley-Davidson Inc.’s HOG 6.94% electric-motorcycle division will become a separate publicly traded company via a blank-check merger, a move the...
Canada Renews Central Bank’s Inflation-Targeting Mandate
OTTAWA—The Canadian government and Bank of Canada agreed Monday to renew the central bank’s mandate to target 2% annual inflation,...
WSJ News Exclusive | SEC Lures Top Enforcer Who Says Tougher Punishment Is Coming
WASHINGTON—The Securities and Exchange Commission often picks its top cop from the ranks of Wall Street’s best defense lawyers. Its...
How Do You Feel About Inflation? The Answer Will Help Determine Its Longevity
Supply-chain disruptions, labor shortages and climbing oil prices have pushed inflation to a 39-year-high. But attention is now focused on...
Alibaba Fires Female Employee Who Accused Then-Supervisor of Sexual Assault
HONG KONG— Alibaba Group Holding Ltd. has fired a female employee who accused her then-supervisor of molestation and rape during...
