U.S. Retail Sales Grew 0.3% in February
Americans kept up retail spending in February but at a slower pace than the prior month, as they faced high...
Domestic Politics
Producer Price Increases Leveled Off in February
Suppliers’ price increases plateaued in the first two months of the year as pandemic-related disruptions and strong consumer demand continue...
Sen. Joe Manchin Signals Opposition to Sarah Bloom Raskin for Fed Post
WASHINGTON—A key Democrat came out against Sarah Bloom Raskin’s nomination to become the Federal Reserve’s top banking regulator, likely dashing...
Disney CEO Tried to Avoid Politics, Now Finds Himself in Middle of Partisan Spat
On Monday, Walt Disney Co. Chief Executive Bob Chapek said he didn’t want to wade into politics. He finished the...
Russian Billionaire Roman Abramovich, Owner of Chelsea Soccer Club, Is Sanctioned by U.K.
LONDON—The British government ratcheted up pressure on Kremlin-linked businesspeople, sanctioning a handful of Russian oligarchs, including Roman Abramovich, the billionaire...
House Passes $1.5 Trillion Omnibus Package That Includes Aid for Ukraine
WASHINGTON—The House passed a $1.5 trillion spending bill that includes emergency aid for Ukraine, after Democratic leaders stripped out a...
Disney Chief Bob Chapek Takes Stand on Florida’s Parental Rights in Education Bill
Walt Disney Co. DIS 1.44% Chief Executive Bob Chapek reversed course on his policy of staying out of politics and...
Negotiators Try to Complete Omnibus Spending Bill With Ukraine, Covid-19 Aid
WASHINGTON—House Democratic leaders said they plan to hold a vote Wednesday on a bill to fund the federal government for...
Biden Bans Imports of Russian Oil, Natural Gas
The U.S. is banning imports of Russian oil, President Biden said, targeting the lifeblood of Moscow’s economy as the West...
White House to Order Broad Review of Cryptocurrencies
WASHINGTON—The White House is set to release an executive order this week tasking several federal agencies with conducting a broad...
Oil CEOs, Biden Officials Warn Oil Volatility Is Here to Stay
HOUSTON—The chief executives of some of the world’s largest oil companies and U.S. government officials warned Monday that there were...
Russia Targets Media Outlets With ‘Fake News’ Law, Blocks Facebook
Russia passed a law that threatens prison time for anyone publishing what authorities consider to be false information about the...
Western Sanctions Bite Russian Economy, but Pose Unpredictable Risks
The conventional wisdom until last week was that sanctions had limited influence on a nation state, especially one as large...
Covid-19 Booster Shots Are Slowing as Omicron Surge Fades
Fewer people are getting vaccine booster shots in the U.S. as the Omicron Covid-19 surge fades and more Americans return...
U.S., Allies Roll Out Fresh Sanctions on Russia Amid Debate Over How Hard to Hit
Russia’s overnight assault on Ukraine triggered a surge of calls Thursday for Western allies to completely cut Russia off from...
Biden Aims Sanctions at Russian Military, State-Owned Enterprises
WASHINGTON—President Biden promised to make Russian President Vladimir Putin an international pariah as he announced a wave of new sanctions...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
Chicken Industry Officials Prepare for Retrial in Price-Fixing Case
Executives who worked for some of the biggest U.S. chicken producers are set to stand trial for a second time...
Fiscal Stimulus Is Turning Into a Fiscal Drag, in a Big Headwind for Growth
The federal pandemic support that helped propel the economy to blistering growth last year and put upward pressure on inflation...
Climate Disclosure Poses Thorny Questions for SEC as Rules Weighed
A key sticking point as the agency considers corporate rules is how much detail to demand about emissions produced by...
