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%...
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Japanese Economy Recovers Prepandemic Size With 2.2% Growth
TOKYO—Japan’s economy recovered its prepandemic size in the April-June quarter thanks to strong consumer spending and higher exports, but inflation...
Japan Inflation Tops 2% for First Time in 13 Years
TOKYO—Consumer prices in Japan rose at a pace above 2% for the first time in more than 13 years, a...
Rio Tinto Needs to Spend Money to Make Money
A world-wide shortage of many major commodities is a headache for most companies these days. But for Australian metals heavyweight...
U.S. Jobs Surged by 467,000 in January as Economy Weathered Omicron
U.S. employers hired at a rapid pace late last year and in January, bolstering the economy in the face of...
Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion
In the digital age, some of the most sought-after devices are analog semiconductors—including ones made by 91-year-old Texas Instruments Inc.,...
Appliance Business Cast Off by GE Thrives Under Chinese Ownership
LOUISVILLE, Ky.—When General Electric Co. agreed to sell its appliance unit to a Chinese manufacturer in 2016, the future wasn’t...
Business Is the Game-Changer at COP26 in Glasgow
The 2015 Paris climate conference mostly involved governments pushing businesses to cut emissions. In Glasgow, businesses are the ones pushing...
