Some Lawmakers Want to Halt Gas Tax Amid High Inflation. Others See a Gimmick
WASHINGTON—A push by some Senate Democrats to suspend the federal gasoline tax is running into opposition from both Republicans and...
Economic News
Senate Republicans Block Vote on Biden’s Fed Nominees
WASHINGTON—Senate Republicans refused to attend a crucial committee vote on President Biden’s nominees to the Federal Reserve over a disagreement...
Farmers Feel the Squeeze of Inflation
Inflation is growing on the farm. American farmers are paying significantly higher prices for their weed-killing chemicals, crop seeds, fertilizer,...
Canada Police Prepare to Remove Bridge Protesters Choking Off U.S.-Canada Trade
Roughly 100 Canadian police officers assembled Saturday morning in the border city of Windsor, Ontario, to begin removing protesters and...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
Canada Bridge Protesters Agree to Open One Lane From U.S.
Protesters who have blocked a crucial U.S.-Canada trade corridor decided Friday to open a lane of traffic for U.S. vehicles...
U.S. Housing Affordability Worsens
U.S. housing affordability worsened in the fourth quarter as home prices rose alongside mortgage-interest rates.The Covid-19 pandemic helped spark a...
Boston Fed Picks University of Michigan Provost Susan M. Collins as President
The Federal Reserve Bank of Boston selected University of Michigan Provost Susan M. Collins as its next president, filling a...
Economy Week Ahead: Trade, Inflation, Layoffs
Inflation is expected to hit a multidecade high in January as the U.S. economy continues to work through pandemic-related supply...
China’s Slowdown to Limit Global Growth but Not Undermine World Economy
HONG KONG—A prolonged slowdown in China’s economic growth could hurt some multinational companies and commodity producers for years to come,...
White House Sees Hearing Aids as Chance to Lower Prices Through More Competition
Getting a pair of hearing aids can cost up to $5,000. The White House says they should be as little...
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...
Strong Jobs Report Points to Likely Fed Rate Rises in March and May
A steady gain in hiring last month keeps the Federal Reserve on track to lift interest rates next month and...
Raskin Faces Senate Questions Over Views on Climate Change, Regulations
Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, defended her views on using financial regulation...
Sarah Bloom Raskin Faces Senate Questions Over Climate Views
WASHINGTON— Sarah Bloom Raskin, President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing...
Elevated Job Openings Show Early Sign of a Pullback
Employers pulled back on demand for workers last month amid signs the economy was starting to cool as the Omicron...
Stock Market Jitters Don’t Endanger Economy Yet
The past few weeks of stock market turmoil don’t mean the economy is about to be derailed, but rather that...
Fed Interest-Rate Decision Tees Up March Increase
The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to...
U.S. Plans Sanctions, Export Controls Against Russia if It Invades Ukraine
The U.S. is prepared to impose export controls on critical sectors of the Russian economy if Russian President Vladimir Putin...
WSJ News Exclusive | Ford Shuts Off Orders for New $20,000 Maverick Pickup
Ford F -1.26% Motor Co. is taking the unusual step of cutting off customer orders for the Maverick, a more-affordable...
