White House More Than Doubles Its Inflation Forecast in New Update
WASHINGTON—The White House more than doubled its forecast for annual inflation in new projections released Friday, as supply-chain disruptions stemming...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
U.S. Household Income Jumped in July as Spending Growth Slowed
U.S. household income rose rapidly last month as the government handed out enhanced tax breaks for parents, priming the economy...
How the ‘Jeopardy!’ Host Succession Plan Went Sideways
So much for the best-laid plans. Nine months ago, Sony Pictures Entertainment executives thought they had an ideal successor for...
Apple Set to Let App Developers Alert Users to Alternate Payment Methods
Apple Inc. on Thursday announced changes to its App Store regulations that will allow software developers to tell customers how...
Peloton Slashes Price on Exercise Bike, Predicts Slowing Growth
Peloton Interactive Inc. on Thursday lowered by 20% the price of its original stationary bike, a move that comes as...
Business Groups Withdraw Suit Challenging Health-Price Transparency Rule
The U.S. Chamber of Commerce and a Texas affiliate withdrew a suit filed to block parts of a federal rule...
World’s Largest Chip Maker to Raise Prices, Threatening Costlier Electronics
The world’s largest contract chip maker is raising prices by as much as 20%, according to people familiar with the...
Microsoft Hires Former Top Amazon Cloud Executive, Adding to Rivalry
Microsoft Corp. hired a top Amazon.com Inc. cloud veteran and ally of Chief Executive Andy Jassy, according to a company...
OnlyFans Suspends Plan to Ban Sex Videos
The move represents an about-face for a social-media platform that built its popularity on subscriptions to pornographic photos and videos....
Can Supersonic Flights Really Succeed?
Updated Aug. 25, 2021 1:44 pm ET The supersonic Concorde jet made its last commercial passenger flight on Oct. 24,...
J&J Says Covid-19 Booster Shots After Eight Months Supported by Data
Johnson & Johnson said Wednesday that a second dose of its Covid-19 vaccine was found in a study to generate...
House Passes $3.5 Trillion Budget Blueprint, Sets Deadline for Infrastructure Bill
WASHINGTON—The House narrowly passed a measure approving a $3.5 trillion budget blueprint and locking in a late September vote on...
World Bank Freezes Aid to Afghanistan
WASHINGTON—The World Bank suspended funding for dozens of projects in Afghanistan Tuesday, citing questions over the legitimacy of Taliban rule....
Intel Lands Pentagon Deal to Support Domestic Chip Making
Intel Corp. said it would provide commercial foundry services in the first phase of a broader Defense Department program that...
U.S. Home Sales Rose 2% in July Amid Higher Inventory
The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than...
WSJ News Exclusive | Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing
Richard Branson’s Virgin Orbit said Boeing Co. will invest in the satellite-launching startup’s planned $3.2 billion SPAC listing later this...
Rachel Maddow Strikes Multiyear Deal With MSNBC
Rachel Maddow, MSNBC’s highly rated host, has signed a new deal that will keep her at the network for the...
Economy Week Ahead: Housing, Inflation and the Fed
Federal Reserve Chairman Jerome Powell’s remarks at the central bank’s Jackson Hole economic symposium on Friday cap off a full...
Juul, Other E-Cigarette Makers Face Judgment Day
A shakeout of e-cigarettes is at hand. The Food and Drug Administration is nearing a deadline to decide which e-cigarettes...
Venice Is Open for Tourists, but Not Cruise Ships
VENICE—Gianluigi Rizo, a porter at Venice’s iconic Piazza San Marco, pushes a cart of luggage as scores of tourists hop...
